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The office segment dominated PE transactions, with the GIC-Brookfield REIT deal accounting for a important portion of the whole transaction value. The Maharashtra Real Estate Regulatory Authority has made it compulsory for real estate builders to include their bank account details in restoration warrants despatched to the income department. This move aims to streamline the compensation restoration process for homebuyers facing delays or discrepancies in property transactions. By disclosing developers’ checking account info, MahaRERA goals to enhance accountability and guarantee well timed compensation for affected parties.
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