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Karnataka RERA orders builder to transfer assets, upholds homebuyers’ rights

Summary: Karnataka Real Estate Regulatory Authority has ordered a builder to transfer project assets to the allottees' association. This includes land khata, utility meters, funds, and pending amenities. The authority also mandated the restoration of...
Karnataka RERA orders builder to transfer assets, upholds homebuyers’ rights
Karnataka Real Estate Regulatory Authority has ordered a builder to transfer project assets to the allottees' association. This includes land khata, utility meters, funds, and pending amenities. The authority also mandated the restoration of power supply to a complainant's apartment. The order aims to strengthen builder accountability towards residents.
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Original Source: Economic Times RERA
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