Noida: The Uttar Pradesh Real Estate Regulatory Authority (UP Rera) has given its nod to the promoter of Elegant Ville in Techzone 4, Greater Noida We.
Following the incident, senior fire department officers and a team of the realty firm conducted an inspection of the flat to figure out how the incident happened
The RERA rule that gives hope to homebuyers stuck with real estate projects
This model of homebuyers taking over stuck projects is becoming popular and once some of the projects do get completed, it could become a test case for other projects to emulate
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Hundreds of buyers had invested in a project located along the Yamuna Expressway way back in 2011, paying a total amount of Rs 100 crore of which 10 percent was paid by the builder to the authority. Work on the project stalled in 2015. Two years ago, a group of buyers decided to approach Uttar Pradesh Real Estate Regulatory Authority (UPRERA).