UP-RERA Penalizes Noida Builders for Unregistered Projects

₹5 lakh penalty EACH! UP-RERA just fined Estate 105 and Sobha Rivana in Noida for selling units before registering their projects. Seedhi baat, this is a big deal for anyone looking to buy. This isn't just about the builders, Sobha Limited. It impacts us, the buyers. Are projects being marketed before they're fully legit? What do you all think? Will this crackdown on unregistered projects affect property prices in Noida?