Ranchi's RERA authority enforces stricter compliance measures, increasing project audits and transparency requirements to protect homebuyers and improve real estate quality in the city's rapidly evolving property market. The move aligns with nationwide reforms, such as Gujarat's triad banking accounts and Odisha's structural repair funds, to bolster accountability and buyer confidence.
Gujarat RERA imposed fines on Devnandan Builders, Dwarkadas Pritamani, and Shivalik Infraspace for violating RERA rules. Violations included booking apartments without registration and accepting advance payments beyond the permitted limit.