Penalties for Non-Compliance – Risks Agents Must Avoid
RERA (Real Estate Regulatory Authority) enforces strict penalties to maintain transparency and accountability in real estate transactions. Agents must comply with all regulations to avoid legal and financial consequences. Operating Without RERA Registration Penalty: A fine up to ₹10,000 per day, reaching a maximum of 5% of the property’s cost.Risk: Agents cannot legally facilitate...
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