Uttar Pradesh RERA warns builders not to hand over incomplete flats to buyers
NOIDA: UP Rera has warned developers not to hand over incomplete, or ‘canvas flats’, to homebuyers, and violating this rule could attract large sums of penalties. The notice, issued on May 8, came in response to complaints from homebuyers, who allege that developers are forcing them to take possession of bare-shell units – which are often devoid of proper flooring, electrical fittings, plumbing and kitchen furnishings – while signing the builder-buyer agreements (BBA). Rera said in the notice that such practices were a serious breach of the Real Estate (Regulation and Development) Act, 2016, which mandates that ready-to-move-in apartments can…