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Is RERA applicable in rural areas?

Is RERA applicable in rural areas?

Yes. Real estate projects in rural areas are now under RERA control. To protect the interest of buyers, real estate projects in rural areas are also regulated under RERA. Developers will be fined if they fail to register their ongoing project within the stipulated timeline of 90 days. RERA levies 10% of project cost on developers who do not register ongoing projects in RERA.

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