Update on G Corp Homes - Karnataka RERA Appellate Tribunal order
LODHA · price
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Lodha's subsidiary G Corp Homes received an order from the Karnataka Real Estate Appellate Tribunal directing Karnataka RERA to seek further compliance for a Bengaluru development project. G Corp plans to challenge the order at an appropriate forum. RERA had earlier upheld G Corp's compliance and rejected a related complaint.
Minor regulatory uncertainty for the Bengaluru project. Company is confident of obtaining suitable remedies through appeal. Watch for further updates.