Tag: #FinancialDistress

Karnataka RERA Struggles to Recover Rs 666 Crore from Builders

February 28, 2025

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera), set up to safeguard homebuyer interests, has failed to recover Rs 666 crore — or 88% — of the Rs 758 crore it had ordered builders to pay their customers under the head of refund for incomplete/delayed projects, among other things. As on Dec 31, 2024, K-Rera […]

Karnataka RERA Struggles to Recover Rs 666 Crore from Buildersmore