SC: New Housing Projects Must Register With Local Authorities Once Buyer Pays 20% of Cost - 15.09.2025

SC mandates registration of new housing projects with local revenue authorities once buyer pays 20% of cost. Contracts deviating from Model RERA or with buyback clauses for buyers over 50 require an affidavit before Revenue Authority, confirming buyer’s awareness of risks.

Tags : New Housing Projects Register Local Authorities RERA

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