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Home / Legal / Under RERA, the builder is asking for 10% cash when booking. Is it legal?
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Under RERA, the builder is asking for 10% cash when booking. Is it legal?

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1 2023-07-26T11:18:43+00:00
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No, it is not legal for the builder to ask for 10% cash when booking under RERA. Developers and builders cannot ask for more than 10% of the property’s cost as an advance payment before the sale agreement is signed.

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