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RERA 정책공지를 회피하는 부동산 개발업자들 Over 1,000 realty developers keep dodging RERA notices
[REAL ESTATE INDIA] Good morning, everyone. I’m Lee Jang Ho staff of Kamagroup Pvt. Ltd.Here I have an important India real estate news to share with you which is as undermentioned.

With over 1,000 real estate projects in the state not registering with the Real Estate Regulatory Authority (RERA) and their proponents not responding to repeated notices, the authorities are in a fix.

Two days ago, the Karnataka RERA secretary wrote to the Confederation of Real Estate Developers Association of India (Credai), requesting it to facilitate the registration of unregistered projects by encouraging promoters/developers to appear before the Authority. Referring to the 1,076 projects “under investigation”, which have been identified by RERA for not having registered with the body, the authority’s secretary said not only have the projects’ proponents not responded to the notices, they have not explained the reason for not registering with RERA as per the provisions. A majority of these projects are in Bengaluru.

Read more at: https://economictimes.indiatimes.com/wealth/real-estate/over-1000-realty-developers-keep-dodging-rera-notices/articleshow/67988303.cms
Kamagroup Pvt. Ltd.
New Delhi
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