Andhra Pradesh RERA warns public against buying unregistered flats and plots
VIJAYAWADA: Andhra Pradesh real estate regulatory authority (APRERA) in-charge chairman and municipal administration principal secretary S Suresh Kumar has cautioned public against purchasing flats in the apartments or plots in layouts which were not registered with the AP RERA. He said that such purchases would land prospective buyers in trouble. “It has come to our notice that some developers/promoters/builders are collecting advance payments from buyers under the guise of ‘pre-launch’ activities for proposed real estate projects prior to obtaining registration with APRERA. It has also been observed that some real estate agents are involved in marketing such pre-launch projects. As…