UP RERA warns developers of up to 5% project cost penalty for handing over incomplete flats to homebuyers
Acting on complaints by homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has directed all developers to immediately stop handing over incomplete apartments or bare shell units to homebuyers and warned that this could attract penalties up to 5% of the real estate project’s total cost. Acting on complaints by homebuyers, UPRERA has directed […]