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RERA penalizes 300 developers in Gujarat

Dated on: Wednesday 10th April 2019

As a repercussion of failing to file the mandatory quarterly progress reports over the last nine months, more than 300 promoters and developers have been fined by Gujarat Real Estate Regulatory Authority (GujRERA) across Gujarat. A fine of ₹50,000 has been levied by the authority on almost all the developers for non compliance with the Authority’s orders.

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