RERA for Protecting Homebuyers: Ensuring Fair Use of Funds
In response to concerns raised by Gurugram RERA Chairman Arun Kumar, the Union Finance Ministry has taken steps to safeguard homebuyers’ interests. They’ve instructed public banks to prevent misuse of RERA funds, ensuring developers follow rules and are transparent in using the money. The recent orders tell banks to follow rules strictly, stopping developers from …
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