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Real Estate: Buying a flat and paid a booking amount? You may not get the entire booking amount back if you cancel the flat booking. There are some states like Maharashtra, Delhi, etc who specify up to how much amount of the booking amount can be forfeited. Know here the full list of states.
Noida, Apr 23 In a first such case, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Tuesday imposed a penalty on a buyer for
Two weeks back, regulator had revoked all the five affordable housing projects of the developer as it failed to comply with the provisions of Rera Act and complete the projects.
According to the RERA Act, MahaRERA is required to facilitate amicable conciliation of disputes between developers and homebuyers through dispute settlement forums set up by the consumer or promoter associations.
GujRERA has set up a three-member committee to offer cost-free mediation between customers and builders. This move will help customers save on litigation costs. Find out more about the mediation panel and its benefits.