HomeNewsBusinessReal EstateReal estate sector backs Draft Registration Bill 2025 as path to transparent property market

Real estate sector backs Draft Registration Bill 2025 as path to transparent property market

Real estate stakeholders said that the move reflects a serious intent to simplify procedures, bring in transparency, and reduce the administrative burden on homebuyers, investors, and developers alike.

May 30, 2025 / 12:13 IST
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Real Estate sector backs Draft Registration Bill 2025 as path to transparent property market
Real Estate sector backs Draft Registration Bill 2025 as path to transparent property market

The Draft Registration Bill 2025, which is aimed at replacing the 117-year-old Registration Act of 1908, met with positive reactions from the real estate sector in India. Real estate experts and market observers said that the bill is a landmark reform that will modernise property registration, enhance transparency, and significantly improve the ease of doing business.

The real estate developers’ bodies like Confederation of Real Estate Developers’ Associations of India (CREDAI) and National Real Estate Development Council (NAREDCO) said that the move reflects a serious intent to simplify procedures, bring in transparency, and reduce the administrative burden on homebuyers, investors, and developers alike.

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Department of Land Resources under Ministry of Rural Development, Government of India has drafted the “The Registration Bill 2025” proposing online property registration for the evolution of real estate and transaction methods.

What the draft bill says?