Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Karnataka Real Estate Regulatory Authority fails to recover 88% of Rs 758 crore refund amount
The Karnataka Real Estate Regulatory Authority (K-RERA) has failed to recover 88% of ₹758 crore refund amount. This failure highlights the challenges in enforcing RERA orders. It underscores the importance of effective recovery mechanisms. This move reflects the difficulties in protecting homebuyers' interests. It emphasizes the need for stronger enforcement. The recovery shortfall signifies regulatory challenges.