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Punjab RERA ask property platforms to register as agents

Dated on: Monday 12th September 2022

Punjab Real Estate Regulatory Authority has asked the property listing platforms such as magibricks.com, 99 acres to get themselves registered in RERA as a real estate agent.In their response to the authority , a property listing platforms argued that the role being played by the online housing portals is that of “ intermediary” and they do not participate or carry out any property transactions.

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