The proposed development will comprise predominantly of premium residential apartments and will have an estimated revenue potential of approximately Rs 3,000 crore.
Real Estate Regulation and Development Act (RERA) was passed by the Government in the year 2016 to regulate the real estate industry in India and safeguard homebuyers’ rights.
Brahma City Private Limited is developing a residential township project in Gurugram's sector 61 to sector 65. The Haryana Real Estate Regulatory Authority (RERA), Gurugram, has imposed a penalty of ₹2.50 crore on a real estate developer for violating norms by selling plots without the registration of the project
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- Haryana RERA imposes penalty of Rs 25 lakh each on 5 builders for not completing projects on time 23 Dec, 2022
- Haryana RERA asks Pareena Laxmi Infra to pay delayed possession charges to 51 allottees 21 Dec, 2022
- Haryana RERA imposes ₹2.5 cr penalty on builder. 16 Dec, 2022