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Propmyna Khabri
posted on 16 AprUP RERA Fines Noida Builders for Unregistered Projects
📢 Noida Buyers: UP-RERA cracks down on unregistered projects! Just a heads-up for anyone considering property in Noida. UP-RERA has fined Sobha Limited and Max Estates ₹5 lakh each for not registering their projects, Estate 105 and Sobha Rivana. An Avikalp Estate project in Lucknow also faced similar penalties. This means these projects were operating outside the regulatory framework, which is a risk for buyers. Always double-check RERA registration before investing! Is this a positive step towards protecting buyers in Noida, or does it signal deeper issues within the market? What do you think?
#Noida#rera#legal
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