TNRERA's latest circular ramps up penalties for developers selling plots or flats in Vellore before registration, with base fines up to ₹15,000 per unit or 2% of project cost. Extra charges hit 50% for 10-50 illegal sales and 100% beyond that, aiming to shield buyers and enforce compliance in Vellore's real estate scene.
Noida Authority directs builders to complete pending flat registrations by year-end. Failure may result in concession withdrawal, ensuring homebuyers' timely possession.