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Propmyna Khabri
posted on 14 AprUP RERA penalises three projects for unregistered sales
Hey Noida folks, are you doing your homework before booking that dream home? UP-RERA just fined Estate 105 and Sobha Rivana in Noida, along with Avikalp Estate in Lucknow, ₹5 lakh EACH. Why? They were selling units *before* registering the projects. Seedhi baat, this is a big no-no. It means buyers could be at risk. Sobha Limited is a big name, but even they aren't above the rules. This kind of thing can mess with approvals, timelines, the whole nine yards. So, is this UP-RERA action good news or bad news for us buyers in Noida? I'm leaning towards good, but what do you all think?
#Noida#rera#legal
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