As per the Real Estate (Regulation & Development) Act 2016 (RERA), the developer can ask the buyer to pay an additional amount if the carpet area increases. However, RERA limits the carpet area increase to 3%. If the carpet area is reduced during construction, the builder must reimburse the purchaser for the excess with annual interest within 45 days.
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Can there be an increase in carpet area after contract?
Amol
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2 Year
2023-12-14T09:09:24+00:00 2023-12-14T09:12:49+00:00Comment
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