Housing regulator freezes bank accounts; urges civic authorities to upload CC, OC on dedicated portals to protect buyers
In a suo moto action, the state housing regulator, the Maharashtra Real Estate Regulatory Authority (MahaRERA), has revoked the registration of 49 projects being probed in Kalyan RERA scam for allegedly submitting fake commencement certificates for “unfair trade practices”, and directed that their designated bank accounts associated with the projects be frozen.
https://www.hindustantimes.com/cities/mumbai-news/registration-of-49-projects-revoked-for-unfair-trade-practices-101668107046709.html
Source: Hindustan Times