[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
AURANGABAD: Real estate sector regulator Maharashtra Real Estate Regulatory Authority
(MahaRERA) has told all promoters in the state to disclose their inventory of sold or booked
flats, houses, plots and shops, among other constructions, saying such a database was
necessary to give more clarity to purchasers and to avoid multiple transactions.
Asking the promoters to furnish the details in a stipulated format, MahaRERA invoked the
enabling provisions of the Real Estate (Regulation and Development) Act, 2016, which has
been in force since May 2017.
The format asks for details such as total number of floors/wings, number of flats/shops/
rowhouses, carpet area, sold/booked/unsold inventory and registration date with the
Read more at: https://realty.economictimes.indiatimes.com/news/regulatory/maharera-tells-promoters-to-disclose-sold-booked-inventory/82138007
Have a nice day