hyderabadupdates.com Real Estate UP-RERA penalises three projects ₹5 lakh each for promoting unregistered developments

UP-RERA penalises three projects ₹5 lakh each for promoting unregistered developments

UP-RERA has fined three real estate projects ₹5 lakh each for promoting and selling units without mandatory RERA registration. The authority found ‘Estate 105’, ‘Sobha Rivana’, and ‘Avikalp Estate’ in violation of the Real Estate (Regulation and Development) Act, 2016. This action underscores RERA’s commitment to curbing unauthorized promotions and safeguarding homebuyer interests.

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