Three real estate properties have received notices from the Real Estate
Regulatory Authority (RERA) for alleged violations of regulatory norms.
RERA has been actively monitoring the real estate sector to safeguard the
interests of homebuyers and maintain transparency in property transactions.
The notices serve as a warning to the concerned developers or builders to
rectify any non-compliance issues promptly. Failure to do so could lead to
legal action and penalties. This move by RERA reflects its commitment to
ensuring that real estate projects adhere to quality standards and provide
fair deals to buyers, thereby enhancing trust and accountability in the
real estate market.
Regulatory Authority (RERA) for alleged violations of regulatory norms.
RERA has been actively monitoring the real estate sector to safeguard the
interests of homebuyers and maintain transparency in property transactions.
The notices serve as a warning to the concerned developers or builders to
rectify any non-compliance issues promptly. Failure to do so could lead to
legal action and penalties. This move by RERA reflects its commitment to
ensuring that real estate projects adhere to quality standards and provide
fair deals to buyers, thereby enhancing trust and accountability in the
real estate market.
