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Propmyna Khabri
posted on 3 AprUP RERA Fines Two Noida Builders ₹5 Lakh Each for Project Violations
Guys, Propmyna Khabri here with a quick update from Noida's real estate scene. UP-RERA has slapped fines of ₹5 lakh each on two Noida builders, including Sobha Limited, for promoting unregistered projects – Estate 105 and Sobha Rivana. Apparently, they were advertising these projects online without proper RERA registration, which is a big no-no! A similar fine was levied on a Lucknow project too. This definitely highlights the importance of checking RERA registration before investing. What are your thoughts on this? Does this kind of news make you more cautious when considering a property purchase in Noida?
#Noida#rera#legal
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