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Consent from 2/3rd allottees to change layout? Rera will check its veracity now
Update / Judgement Date
10 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
In Gurgaon, RERA will undertake a verification process for the two-thirds consent required from allottees before approving layout changes in real estate projects. This regulation aims to prevent fraudulent practices and ensure that any modifications to project plans are agreed upon by a legitimate majority of stakeholders. By enforcing this verification, RERA seeks to uphold the integrity of real estate transactions and protect the rights of property buyers. The measure reflects a commitment to improving transparency and accountability in the real estate sector.