RAJRERA issues notice to builders over delayed projects

Dated on: Wednesday 23rd December 2020

The Real Estate Regulatory Authority (Rajasthan-RERA) has issued show-cause notices to 95 builders and promoters in the state over pending projects.After developer failed to adhere to self-set deadlines, the notices were slapped under the Real Estate (Regulation and Development) Act, 2016 at this massive scale, for the first time.The notices talk of imposing penalties on the guilty builders and for the RERA to arrange completion of remaining works with assistance from third parties. 

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