The Real Estate Regulatory Authority (RERA) said yesterday it has implemented the best solution in the case of the Golden Gate project, to protect the interests of the developer, investors and buyers.
In a statement issued after the regulator’s board of directors met virtually, it said decisions taken were aimed at putting the project on the right path towards completion, while ensuring that home-buyers’ rights came first, even as it assured them that their investment was safe in the escrow account of the project .