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YOUR ARE HERE : > News/Events > 100 days of Rera: Confusion led to realty…

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100 days of Rera: Confusion led to realty purchases getting postponed

Posted on : 05 Jul, 2018

100 days of Rera: Confusion led to realty purchases getting postponedFor Amol Nizapkar, an executive with a wealth management firm in Mumbai, the wait for the new regulatory regime has been worth it. “Now every detail about a project is well-documented. There is an obligation on part of the developer to complete the project on time or pay the penalty for delays,” says Nizapkar, who recently bought an apartment in Mulund,  “Earlier, we used to pay the booking amount and were not aware when the project is going to be completed.”

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