Karnataka Rera has mandated that builders must insure common areas, warning they will be liable for disaster repair costs if they fail to do so. A recent order directed a developer to provide insurance documents for a project after a fire damaged a clubhouse, highlighting the promoter’s responsibility for uninsured common areas.
Insure common areas or pay for disaster repairs: Karnataka RERA to builders
December 9, 2025December 9, 2025|
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