IRDAI (The Insurance regulative and Development Authority of India) is staring at developing a typical structure for title insurance that is obligatory for RERA registered comes. Title insurance provides indemnity to developers and resulting home patrons of the property against loses. Thanks to defects within the title arising out of third-party challenges.
At present the issue of ownership or title is a large-scale problem in the re....
Tags : real estate market, obligation, insurance products, General Insurers, Developers Associations,
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