The Indian real estate industry is booming with major developers achieving impressive growth in sales values, sales areas, and customer collections in Q2 FY24.
Purvankara Group
The Karnataka Real Estate Regulatory Authority (KRERA) recently made a decision that developers cannot ask for delay interest from homebuyers if they have not paid their dues unless they provide valid documents like building plans and project clearances. The Authority supported a homebuyer in a case involving a the on-going project in Bengaluru. They explained that most of the documents submitted by the...