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...