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What is RERA and what are its Features and Benefits

RERA stands for Real Estate Regulatory Authority. RERA is basically a new rules and regulations governing the real estate sector. RERA has become this most important law that will affect each and every person working in the real estate industry, buyers and sellers a like. Many people are not aware of the benefits of (RERA), but it has become very popular in India and can be used to reduce the cost of construction projects.<br><br>For more information click here: <br>https://www.grihashakti.com/knowledge-centre/what-is-the-rera-act.aspx<br>

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What is RERA and what are its Features and Benefits

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  1. WhatisRERAandwhatareits FeaturesandBenefits? HTTPS://WWW.GRIHASHAKTI.COM/

  2. WhatisRERA? RERA stands for Real Estate Regulatory Authority. RERA is basically a new rules and regulationsgoverningtherealestatesector.RERAhasbecomethismostimportantlaw that will affect each and every person working in the real estate industry, buyers and sellersa like.

  3. FeaturesandBenefitsof (RERA) RERA Many people are not aware of the benefits of (RERA), but it has become very popular in India and can be used to reduce thecost of constructionprojects. Herearethetop4benefitsofRERAregistration:

  4. Top4FeaturesandBenefits of(RERA) 1 UnderRERA,allpropertiesunderconstructionmustdeclaretheestimated completion date, so your project is unlikely to be delayed, increasing your costsand time. 2 Havingagoverningbody nowallowsbuyerstosubmitcomplaintsaboutthe real estate or seller. Additionally, the seller must resolve these complaints within30 days withoutcharging overhead. Therealestatecannotbechangedwithoutinformingtheauthoritiesonceall documentshavebeensubmittedandRERAapprovalhasbeenreceived.It protectsbuyersfrombeingscammedbychargingextrafees. InRERA,alldevelopersarerequiredtosellpropertiesandapartmentsbased solelyoncarpetareaandnotonfeaturessuchas balconiesorelevators.

  5. RERAactsasasinglewindowclearanceandregistrationagency.Inshort, RERAhasbeenpassedtoprotecttherightsandinterestsofhomebuyersand homeownersinIndia. RERA REFFERALURL https://www.grihashakti.com/knowledge-centre/what-is-the-rera-act.aspx

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