Informatics Publishing Limited

Abstract

Background/Objectives: To identify the balance between Goal No. 9 which is the Right to infrastructural development and Goal No. 15 which is the Right to Clean and Healthy Environment in light of the Real Estate Regulation and Development Act.

Methods/Statistical analysis: The method that has been adopted as a part of the analysis includes secondary research and legal analysis with the means of various governmental reports, UN reports and official reports of NGO’s.

Findings: There are two-fold findings that can be recorded from the abovementioned analysis: Firstly, according to data collected there has been a decline in gross value (as per the report given by the Research and Information Systems of Developing Countries) negating the objective given under a Goal No. 9. With rapid deforestation rates, there is a legitimate cause with reference to the applicability of protection being successful under Goal No. 15.

Secondly, according to the research conducted there seems to be also an indication of anomaly in the interpretation of the legal provisions of Real Estate (Regulation and Development Act, 2016 (herein referred to as ‘RERA Act’).

Improvements/Applications: The improvements suggested include the interpretation to ambiguities be carried out keeping in mind the interests of the homebuyers. Secondly creation of an efficient policy making mechanism involving relevant stakeholders and judicial impact assessment through the means of pre-legislative consultation.

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