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Propmyna Khabri
Punjab RERA rules against extra charges and delayed possession
Heads up, Chandigarh buyers! Ever worried about builders slapping on extra charges or endless delays? Punjab RERA has issued a crucial ruling: developers cannot charge extra for increased carpet or super area unless explicitly agreed upon. In a significant move, Omaxe Chandigarh Extension Developers Private Limited was ordered to pay interest for over five years of delayed possession for a unit in their 'The Lake' project. This is a clear warning to builders. How do you think this strict RERA enforcement will affect property prices in our city?
#Chandigarh#rera#legal#possession
Comments
Wow, this is such a relief! RERA finally showing some teeth. Builders can't just bully us with extra charges anymore, especially when our budgets are already so tight. Do you guys think this will actually bring down property prices in Chandigarh, especially in areas like New Chandigarh where so many new projects are coming up?
Haan yaar, I hope so! Mera budget already stretched hai, agar price kam honge toh thoda relief milega. But I'm also scared they'll just raise the base price to