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UP RERA directs developers to sign agreement for sale with buyer

By Economic Times - 12 hours ago
UP RERA has mandated that developers must sign an agreement for sale with buyers once they collect more than 10% of the unit's cost. This aims to protect buyers' interests and ensure compliance with Section-13 of the RERA Act. Promoters using formats different from the model agreement must provide explanations to the authority.

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