A recent analysis underscores the hurdles faced in implementing RERA, a decade post-enactment. It reveals that countless families are affected as their investments fatefully linger in stalled projects. The report criticizes the laxity in approving project extensions without thorough checks, unintentionally normalizing these delays. Emphasizing the importance of developer fund deposits to protect homebuyers’ savings, this discussion seeks to realign RERA with its founding goals.
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