The Maharashtra Real Estate Regulatory Authority has made it obligatory for real estate developers to include their checking account particulars in restoration warrants despatched to the income division. This transfer aims to streamline the compensation restoration process for homebuyers dealing with delays or discrepancies in property transactions. By disclosing builders’ bank account info, MahaRERA goals to boost accountability and guarantee timely compensation for affected parties.
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“From a consumer standpoint, this is a sophisticated, opaque marketplace,” mentioned Steve Brobeck, a senior fellow on the Consumer Federation of America who…
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