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K-Rera Orders Developer Not To Issue Sale Deeds

The Karnataka-Real Estate Regulatory Authority (K-Rera) has directed Jain Heights not to execute or register sale deeds till all amenities at Jain Heights East Parade are functional, and until requisite clearances are obtained. In a first, K- Rera directed the builder not to execute any sale deed

BY Realty Plus
Published - Oct 2, 2020 6:08 AM

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The Karnataka-Real Estate Regulatory Authority (K-Rera) has directed Jain Heights not to execute or register sale deeds till all amenities at Jain Heights East Parade are functional, and until requisite clearances are obtained. In a first, K- Rera directed the builder not to execute any sale deed for apartments until permanent Bescom and BWSSB connections were obtained along with Occupancy Certificate. The authority was apprised that the project is unfinished and approvals for fire safety, lift installation, and water treatment plant were not obtained. As per the developer, work on permanent power supply is on. And they had applied for occupancy certificate and that it would be obtained in six months. Also work on getting other clearances was an ongoing exercise.

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