Ponzi Scheme- A form of fraud in which an apparent businessman allures the investors and pays profit to them and to earlier investors out of the money received from the new investors.

A clear evidence of the harsh reality which is prevailing in the state of Bihar that most of the builders in the state are willingly avoiding the compliance with the provisions of RERA.

Occupancy Certificate has been obtained & Completion Certificate has been/ is to be applied/ obtained– Registration of project under RERA is not applicable