Notify Norms On Project Closure, Home Buyers Urge K-RERA Chief

K-RERA Update: Home Buyers Demand Project Closure Norms

The Karnataka Home Buyers Forum (KHBF) has urged RERA Karnataka to issue a notification mandating builders to formally close projects by transferring property titles and forming resident associations. Non-compliance with deadlines and withholding of escrow funds are causing economic stress to home buyers. KHBF references Odisha’s RERA practices as a model to follow in Karnataka.

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#RERAUpdate #HomeBuyersAlert #ProjectClosure #PropertySafety

Source: https://timesofindia.indiatimes.com/city/bengaluru/notify-norms-on-project-closurehome-buyers-urge-k-rera-chief/articleshow/113066498.cms