A developer can be struck-off the Register if they fail to commence construction works within six (6) months of receiving approval for off-plan sales. This applies if the developer has no valid reason for the delay. RERA monitors these timelines thr…
A developer can be struck-off the Register if they fail to commence construction works within six (6) months of receiving approval for off-plan sales. This applies if the developer has no valid reason for the delay. RERA monitors these timelines through periodic completion reports. This rule prevents developers from collecting purchaser funds and then delaying the project indefinitely, ensuring that construction milestones are met as promised to investors during the off-plan sale process.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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