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How does RERA benefit buyers?

How does RERA benefit buyers?

The main goal of RERA is to provide buyers with relief from the fraudulent behavior of unethical builders. Under RERA, the failure to acquire apartments from the builder is no longer an issue. Developers who default on the delivery date are punishable by up to 3 years and required to pay home buyers 2% interest above the State Bank of India loan rate.

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