Tag: #BuildersDefault

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Gujarat RERA Stops Bank from Taking Over Allottees’ Properties

April 3, 2025

Ahmedabad: The Gujarat Real Estate Regulatory Authority (GujRERA) has issued a directive preventing a nationalized bank from seizing properties belonging to allottees in a case involving a builder’s loan default. The authority emphasized that homebuyers have legal rights over the properties and instructed the bank to release any properties it had already taken possession of […]

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