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Builders in Karnataka sell unfinished houses as completed projects

Dated on: Thursday 17th January 2019

Several property developers have allegedly cheated homebuyers right under the nose of the (RERA) Karnataka, taking advantage of the system lacks a provision to verify claims on completion of projects. As per the rule, developers have to specify the date of completion when they register the project with RERA and need to update its status on the authority’s portal on or before the declared date. According to 191 claimed projects, only 40% of the work has done.

 

 

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