Representative imagePATNA: For the first time, a property of a defaulting promoter, confiscated by Real Estate Regulatory Authority (RERA), Bihar, will be auctioned so that the proceeds can be refunded to the aggrieved homebuyers for failure to complete its project."The authority had confiscated the land of Agrani...
PATNA: The efforts of the Real Estate Regulatory Authority (RERA), Bihar, to ensure the refund of money of aggrieved homebuyers have finally started paying dividends.A sum of Rs 14.23 lakh was recently refunded by an erring promoter to two homebuyers in the cases which were transferred to the Patna district...