Haryana RERA warns homebuyers against unregistered projects: How to check before you invest
India, Aug. 15 -- To protect homebuyers, the Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has issued a public advisory cautioning buyers against purchasing or booking plots, flats, villas, apartments or other units in unregistered real estate projects.
The authority warned that such transactions can invite legal action and leave buyers without the regulatory protection available under the Real Estate (Regulation and Development) Act, 2016.
In its advisory on Aug 14, HRERA urged prospective buyers to conduct due diligence before investing and verify the project's RERA registration certificate and number, website, approved site address and other relevant details through the authority's portal.
The authority noted that with...
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