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.
Ghaziabad RERA has levied hefty fines exceeding Rs 50 crore on developers for delayed project delivery, aiming to safeguard homebuyers and enforce strict adherence to deadlines.
Noida Authority directs builders to complete pending flat registrations by year-end. Failure may result in concession withdrawal, ensuring homebuyers' timely possession.