- Demolish pre booking : With the following rules like submission of 70% of the amount of the project in separate account
- In case of delay or any changes made against the rule compensation to the allottees Interest Rate equal to SBI’s highest Marginal Cost of Lending Rate plus 2 per cent.
- The rules talks about compensation if the projects delay for more than 45 days for now it is 2% but will reach upto 11% , this will result into on time delivery of the project
- Talking if favour of builders registration fees is reduced to half
- Builders cannot change the plan with out consumer’s notice.
RERA Rules PDF for Chandigarh
|MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION||New Delh|