Defaulting builders will no longer be able to fool buyers by just changing the name of their firm. According to the Maharashtra Housing Regulatory Authority bill, builders will now have to reveal not only the name of the firm, but also the name of the promoters. So if one of them cheats and gets blacklisted, then the name of the firm along with the promoters will be displayed online.

The bill, which is expected to be tabled in the house on Monday or Tuesday, has an additional clause that not only requires the name of the developer, but also the promoters of the project, to be made public. Said state housing minister, Sachin Ahir, “The bill aims to bring more transparency.