KOCHI: In a landmark decision, the Kerala Real Estate Regulatory Authority (K-RERA) has ruled that landowners cannot escape responsibility if a housing project fails, provided they were actively involved in its finances or profit-sharing. They will be treated as “joint promoters” and held equally...
KOCHI: In a landmark decision, Kerala Real Estate Regulatory Authority (K-RERA) has issued an order allowing a flat allottees association to take over an under-construction apartment complex from the promoter. K-RERA granted takeover of the nine-storey apartment complex in Angamaly by exercising its special powers under...