Developers under Haryana RERA face several significant legal challenges. One primary issue is compliance with stringent documentation and disclosure requirements. Developers must provide detailed project information, financial plans and timelines on the Haryana RERA portal. Non-compliance can result in hefty fines or even project registration cancellations​.

Financial regulations also pose a challenge. Developers are mandated to keep 70% of the collected funds in an escrow account dedicated solely to the project. While this ensures financial transparency and protects homebuyers, it limits developer’s liquidity, potentially causing cash flow issues​.

The complaint and grievance redressal system is another area where developers encounter difficulties. Homebuyers can easily file complaints about delays, quality issues, or breaches of agreement. Haryana RERA enforces strict compliance, requiring developers to address these complaints promptly, which can be costly and time-consuming​.

Additionally, navigating the bureaucratic procedures for project approvals and registrations can be challenging. Despite efforts to streamline these processes, developers often face delays and administrative hurdles, impacting project timelines and increasing costs​​.

Legal disputes over non-compliance with RERA norms can lead to prolonged litigation. Developers must be prepared for legal battles that can strain financial resources and damage their reputations​​.