Buying a house is the single largest financial investment an individual makes. Yet, in India this act is fraught with risk and individuals depend on weak laws for justice. Occasionally, deviant promoters are called to account as was the case in the detention of Unitech’s promoters. This incident shows up the fallout of an absence of proper regulation to cover contracts between buyers and real estate promoters. A real estate bill, which is presently pending in Rajya Sabha, seeks to fill this gap. It has been debated for over two years and should be passed by Parliament in the budget session.
India is in the midst of rapid urbanization and urban population is expected to more than double to about 900 million over the next three decades. Unfortunately, even the current population does not have adequate housing. A government estimate in 2012 put the shortage at nearly 19 million units. If this shortage is to be alleviated quickly, India’s messy real estate sector needs reforms.
The real estate bill seeks to set standards for contracts between buyers and sellers. Transparency, a rare commodity in real estate, is enforced as promoters have to upload project details on the regulators’ website. Importantly, standard definitions of terms mean that buyers will not feel cheated after taking possession of a house. In order to protect buyers who pay upfront, a part of the money collected for a real estate project is ring-fenced in a separate bank account. Also, given the uncertainty which exists in India on land titles, the real estate bill provides title insurance. This bill has been scrutinized by two parliamentary committees and its passage now brooks no delay.
This bill is an important step in cleaning up the real estate market, but the journey should not end with it. State governments play a significant role in real estate and they are often the source of problems. Some estimates suggest that real estate developers have to seek approvals of as many as 40 central and state departments, which lead to delays and an escalation in the cost of houses. Sensibly, NDA government’s project to provide universal urban housing forces states to institute reforms to access central funding. Without real estate reforms at the level of states, it will not be possible to meet the ambition of making housing accessible for all urban dwellers.
Which of the following is NOT TRUE according to the passage?
A. India’s real estate sector needs
B. Real state bill has been scrutinized by two parliamentary
C. Current population does not have adequate housing in
D. Urban population is expected to more than double to about 850 million over the next three
Chọn D
Kiến thức: Đọc hiểu
Giải thích:
Điều nào sau đây Không đúng theo đoạn văn?
A. Ngành bất động sản của Ấn Độ cần đuợc cải cách.
B. Dự luật thực sự đã đuợc xem xét kỹ luợng bởi hai ủy ban nghị viện.
C. Dân số hiện tại không có nhà ở đầy đủ ở Ấn Độ.
D. Dân số đô thị dự kiến sẽ tăng gấp đôi lên khoảng 850 triệu trong ba thập kỉ tới.
Thông tin: India is in the midst of rapid urbanization and urban population is expected to more than double to about 900 million over the next three decades.
Tạm dịch: Ấn Độ đang ở giữa thời kì đô thị hóa nhanh chóng, và dân số đô thị dự kiến tăng hơn gấp đôi lên khoảng 900 triệu dân trong ba thập kỉ tới.
Đáp án: D
Every __________ piece of equipment was sent to the fire.
His father used to be a __________ professor at the university. Many students worshipped him.
He bought a lot of books, none of them he has ever read.
He may be shy now, but he’ll soon come out of his shell when he meets the right girl.
The theory isn’t sounding persuasive anymore because it had been opposed by many scholars.
There is few evidence that the children in language classrooms learn foreign languages any better than adults in similar classroom situation.
Embracing new technologies will help the country to develop more quickly.
__________ as a masterpiece, a work of art must transcend the ideals of the period in which it was created.
My new neighbour is a famous author. My new neighbour is also an influential political commentator.
Jenny: “I think higher living standard is one of the reason that many people want to be a city dweller.” Mark: “__________”
Not only __________ in the field of psychology but animal behavior is examined as well.
Neither of the boys came to school yesterday, __________?
Buying a house is the single largest financial investment an individual makes. Yet, in India this act is fraught with risk and individuals depend on weak laws for justice. Occasionally, deviant promoters are called to account as was the case in the detention of Unitech’s promoters. This incident shows up the fallout of an absence of proper regulation to cover contracts between buyers and real estate promoters. A real estate bill, which is presently pending in Rajya Sabha, seeks to fill this gap. It has been debated for over two years and should be passed by Parliament in the budget session.
India is in the midst of rapid urbanization and urban population is expected to more than double to about 900 million over the next three decades. Unfortunately, even the current population does not have adequate housing. A government estimate in 2012 put the shortage at nearly 19 million units. If this shortage is to be alleviated quickly, India’s messy real estate sector needs reforms.
The real estate bill seeks to set standards for contracts between buyers and sellers. Transparency, a rare commodity in real estate, is enforced as promoters have to upload project details on the regulators’ website. Importantly, standard definitions of terms mean that buyers will not feel cheated after taking possession of a house. In order to protect buyers who pay upfront, a part of the money collected for a real estate project is ring-fenced in a separate bank account. Also, given the uncertainty which exists in India on land titles, the real estate bill provides title insurance. This bill has been scrutinized by two parliamentary committees and its passage now brooks no delay.
This bill is an important step in cleaning up the real estate market, but the journey should not end with it. State governments play a significant role in real estate and they are often the source of problems. Some estimates suggest that real estate developers have to seek approvals of as many as 40 central and state departments, which lead to delays and an escalation in the cost of houses. Sensibly, NDA government’s project to provide universal urban housing forces states to institute reforms to access central funding. Without real estate reforms at the level of states, it will not be possible to meet the ambition of making housing accessible for all urban dwellers.
What is the passage mainly about?
The only cure for alcoholism is complete abstinence from alcohol.