Gurugram admin acts against 71 builders for failing to refund amounts ordered by Haryana RERA

The Gurugram district administration initiated recovery proceedings against 71 builders for failing to refund ₹446 crore ordered by the Haryana Real Estate Regulatory Authority. This enforcement action includes freezing bank accounts and attaching properties of defaulters. The Deputy Commissioner emphasized that further steps, including potential arrests, will be taken if recovery efforts fail.

Read the source (ET Realty Regulatory)

More from News Studio