ONE DAY WORKSHOP ON REAL ESTATE REGULATORY AUTHORITY AND BENAMI LAW -16 June,2017

Concept Note

Real estate sector in India has rapidly grown due to increased demand for cities and urban infrastructure. By this, the business opportunities and migration to urban areas has led to demand for Industrial, commercial and housing space. The real estate and construction sectors are playing a crucial role in the overall development of India’s core infrastructure. Along with this the benami transactions are also increasing in the real estate sector. The real estate sector also has small regional players with relatively low levels of expertise and financial resources. Historically, the sector has not benefited from institutional capital; instead, it has traditionally tapped high net-worth individuals and other informal sources of financing, which has led to low levels of transparency. In order to regulate the real estate sector and the transactions, Government of India enacted various legislation like Consumer Protection Act, Competition Act, Contract Law and finally a special legislation was proposed in 2013 i.e. Real Estate (Regulation and Development) Act with an aim to set the legal policy governing the Real estate sector. The Act aims to curb illegal and unethical practices of developers and builders, ensuring customer protection. The Act also seeks to establish a Regulatory Authority to supervise and adjudicate dispute in this sector. Further Government amended the Benami Act 1988 with The Benami Transactions (Prohibition) Amendment Act, 2016. To understand, debate and deliberate the issue and challenges in the real estate sector, NLSIU is organizing an one day workshop on RERA and Benami Law on 16th June, 2017. About NLSIU

The National Law School of India University known to be an Institution of Excellence in Legal Education and Research came into existence through a Notification under the National Law School of India University Act (Karnataka Act 22 of 1986). It signified the culmination of efforts by the Judiciary, the Bar Council of India, the Karnataka Bar Council, the Bangalore University and the Government of Karnataka to reform legal education and to establish a Centre or legal education and research in India.

MHUPA Chair on Urban Poor and The Law

The Chair on Urban Poor and the Law is established in the Law School with the vision of engaging the concerned to address the problems of the subaltern in the urban milieu and explore solutions through law, under a Memorandum of Understanding (MoU) between the Ministry of Housing and Urban Poverty Alleviation (MHUPA) and National Law School of India University (NLSIU), Bangalore on 30th March, 2012. Prof. (Dr.) M K Ramesh, Professor of Law was the Chair Professor of MHUPA Chair on Urban Poor and the Law from 2012 to 2016.

Environmental Law Clinic (ELC)

Environmental Law Clinic initiative is the first of its kind in India. Environmental Law Clinic intends to be a torch bearer of the Law School’s mission to translate legal knowledge and skills into an instrument that addresses the various environmental concerns of the country by providing the forum, facility and tools required for dialogue, deliberations, counselling and negotiations, to arrive at well informed decisions, to secure environmental justice, rooted in equity (human and natural). A network of Legal Professionals (from the Bar, Bench and Academia), constitute the core group of the Clinic.

Who Can Attend?

Advocates, CREDAI, Management/ representatives of real estate organization, consultants working in real estate sector, contractors, builders, Architects, Academicians, Research scholar, law students, any others interested in the workshop. Registration Details

The Registration fee for the Seminar is Rs.1000/- for delegates and paper presenters (both author and co-author should pay). Payment can be done either by Demand Draft drawn in favour of National Law School of India University, payable at BENGALURU and has to be sent to the address mentioned below along with the registration form. NEFT transfer can also be made as per the details given. Please send the Bank Transaction ID once the transfer is done. Registration will be confirmed only on receipt of payment.

Call for Paper presentations

Original unpublished research papers are invited from academicians, practitioners, researchers, scholars and students on the above mentioned themes and related areas on the sub themes mentioned below.  Economic Reforms and Real Estate Sector  Real

• Economic Reforms and Real Estate Sector
• Real estate and Urbanization
• Pre and post impact of RERA
• RERA and Benami transactions
• Consumers/customers and RERA
• Real Estate Agents
• Unethical practices in the Real Estate Sector

LAST DATE FOR REGISTRATION

(Both participants and paper presenters): 5 th June, 2017. DDs dated after 5 th June, 2017 will not be accepted. Both author and co-author to pay the registration fees.

LAST DATE FOR SENDING ABSTRACTS FOR PAPER PRESENTATION

5 th June, 2017 and abstracts received after 5 th June, 2017 will not be considered. Abstracts of maximum 500 words to be sent in soft copy to baba@nls.ac.in

There will be no refund of registration fees (participants / authors/co-authors) in case one fails to attend/participate/present a paper after registration. Participation/paper presentation certificate will be given only for those who attend/present the paper in the workshop in person even if the registration is completed.

Dr. Sairam Bhat

Associate Professor of Law

National Law School of India University

Nagarbhavi Bengaluru 560072

Email:bhatsairam@nls.ac.in

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