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Highlights

    • 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

Department/Ministry City (State) Download
MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION New Delh   PDF