K-RERA Fines Kochi Builder ₹5 Lakh for Project Delay, Reinforcing...

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2025-05-01 10:26:49 - Translate -

K-RERA Fines Kochi Builder ₹5 Lakh for Project Delay, Reinforcing Accountability in Real Estate

Kochi, April 2025 — In a decisive move to uphold transparency and accountability in the real estate sector, the Kerala Real Estate Regulatory Authority (K-RERA) has imposed a penalty of ₹5 lakh on a Kochi-based builder for undue delays in completing a registered housing project. Strengthening Regulatory Compliance The fine was levied after the builder failed to meet the delivery...

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