Government sets up 14-member committee to look into stalled real estate projects; Head – Amitabh Kant
The Ministry of Housing and Urban Affairs has set up a 14-member committee to look into issues related to completing stalled housing projects, and propose a future course of action to ensure that buyers receive their homes.
The committee will be headed by Amitabh Kant, former CEO of Niti Aayog and India’s G20 Sherpa. It will comprise of top central and state government officials.
The panel will suggest ways to complete and hand over the projects to homebuyers in a “time-bound manner.
The committee shall submit its report within six months from the date of its first meeting.