[INDIA REAL ESTATE NEWS] Good morning everyone I am Sankhraj from KI-KME.|
Here I have important INDIA economic news to share with you which is as mention under.
(This story originally appeared in on Mar 05, 2020)
MahaRERA has pulled up 984 developers, mostly from the city, Mumbai and Thane, for
not completing projects within the deadline and seeking an extension from the real
estate regulatory authority.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has called these
developers for suo motu hearings in April. The hearings will involve both the developers
and consumers, who have invested in their projects. The consumers will have the powers
to remove a developer by revoking project registration.
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Have a nice day.