Real Estate

The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, is a landmark legislation that has revolutionized the real estate sector in India. It aims to protect the interests of homebuyers and promote transparency and accountability in the industry. This comprehensive guide will delve into the key aspects of RERA, providing you with all the information you need to navigate the real estate market with confidence. What is RERA? RERA is a central legislation that governs the real estate sector across India. It establishes a regulatory framework for the promotion, regulation, and development of real estate projects. The Act aims to address the long-standing issues of delays, project cancellations, and unfair practices prevalent in the industry, ultimately safeguarding th...

Introduction: Buying a home is a significant financial decision, and it's crucial to be well-informed about the legalities involved. In India, the Real Estate (Regulation and Development) Act, 2016 (RERA) plays a vital role in protecting buyers' interests. This article will delve into the importance of verifying RERA registration for both developers and agents before making a purchase. Why RERA Registration Matters: Transparency and Accountability: RERA mandates developers to register their projects and provide detailed information about the project, including plans, approvals, and timelines. This transparency ensures buyers are aware of what they are investing in. Protection Against Fraud: RERA aims to curb fraudulent activities in the real estate sector. By verifying registra...

Decoding RERA: Understanding Your Rights and Protecting Your Investment, 2024

Why RERA Registration is Your Safety Net, While Buying a New House