What is Conciliation ?

As per Section 32 (g) of the Real Estate (Regulation end Development) Act 2016, Karnataka Real Estate Regulatory Authority must take measures to facilitate amicable conciliation of disputes between the promoters and the allottees through dispute settlement cell.

With this objective, it was proposed to establish KRERA Conciliation and Dispute Resolution Cell ('KCDRC') that shall facilitate resolution of disputes amicably before referring the dispute to the Authority or Adjudiceting Officer, thereby saving cost and time of litigation to parties.

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