Delhi-RERA Chairman Anand Kumar has urged the real estate developers to file complaints against buyers of they are not making the payment on time. At the CII Real Estate Conference, Kumar said that there is a need to train, skill human-resources in real-estate sector. Kumar said that the for the completion of a project, timely payment from the buyers is necessary.
"There is a trap of investors, which happens," he said, adding that there are many high net worth individuals who purchase many flats in hope of abnormal profit.
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