RERA calls developers to account on project delays
RERA, Dubai's Real Estate Regulatory Agency has started to increase the level of accountability on the Emirates major developers by asking them to provide comprehensive answers on projects which have not yet started.
RERA's Chief Executive Officer, Marwan bin Ghalita said "We are working with master developers to complete audited technical reports on all the projects that are under the master developer's freehold area. Moreover, we are asking them to give clear reasons as to why a developer has not commenced a project since they are aware of what is happening on-site."
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