The Uttar Pradesh assets administrative unit (UP-RERA) has issued a show-cause notice to twenty-two builders and have vulnerable to impose fine of Rs 371 lakhs for not following the order of giving possession on the given date.
Tag Archives: Real Estate Regulatory Act
RERA may Revive Real Estate Sector in Second Half, say Experts
After May 1, when the Real Estate Regulatory Act (RERA) is in place, the realty sector will likely see an uptrend with slight price correction, say industry players and stakeholders. This is likely as genuine buyers may pitch in on the back of an improved consumer climate and lower home loan rates. “Considering the present …
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