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Propmyna Khabri
posted on 12 AprNoida Builders Fined for Unregistered Projects
Hey Noida folks, are you doing your homework before investing? UP-Rera just slapped fines of ₹5 lakh each on builders, including Sobha Limited, for projects not being registered. Estate 105 and Sobha Rivana are the projects in question. This is a serious red flag. Buying unregistered projects carries huge risks. You could face legal troubles, delays, or even lose your investment. Always verify RERA registration before putting down any money. What do you think this kind of action by UP-Rera will do to property prices in Noida? Will it make buyers more cautious?
#Noida#rera#legal
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