The Economic Times

Builder declares insolvency, buyer pays the price: BJP MP Bajpai demands RERA overhaul in Rajya Sabha

Thousands of homebuyers are facing distress as builders declare insolvency, leaving projects incomplete. Uttar Pradesh BJP MP Laxmikant Bajpai has called for urgent amendments to RERA and insolvency laws. He stressed the need to attach builders' personal assets and ensure swift investigations. The aim is to provide justice to aggrieved buyers and prevent builders from escaping accountability.