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How To Check Real Estate Project Details On RERA

Only trustworthy developers with a track record of success are left to drive the market, both organically and through consolidation, as a result of the hefty penalty clauses and rising awareness among homebuyers. According to Mr. Anurag Goel, Director at Goel Ganga Developments, in order to increase transparency about a developeru2019s promoters, lenders, financiers, etc., it is essential to check the specifics of the developers and their projects. In order to make an informed decision with little room for error, it is also crucial to fully comprehend the project layout, the authorised design, the

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How To Check Real Estate Project Details On RERA

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  1. HOW TO CHECK REAL ESTATE PROJECT DETAILS ON RERA

  2. ABOUT RERA On May 1st, 2016, India implemented the Real Estate Regulatory Authority (RERA). It strives to promote openness and alleviate the worries of homebuyers, contractors, brokers, and other industry participants. 02

  3. STEPS TO FOLLOW VISIT THE OFFICIAL RERA WEBSITE: Start by going to the official website for your region. LOCATE THE PROJECT SEARCH SECTION: Look for a specific area that is frequently titled “Project Search” or “Property Search ENTER SEARCH CRITERIA: Enter the pertinent data that you are aware o REVIEW SEARCH RESULTS A list of projects that meet your criteria will be generated by the website 03

  4. STEPS TO FOLLOW CHECK PROJECT DETAILS: To receive more thorough details, click on a particular project VERIFY RERA REGISTRATION Make sure the project is truly registered with RERA before investing NOTE DOWN THE RERA NUMBER The RERA registration number for the project should always be written down for future use. 04

  5. 05 BENEFITS OF RERA REGISTRATION 01 CONSUMER PROTECTION: RERA protects purchasers’ rights by requiring builders to fulfill their commitments to amenities 02 TRANSPARENCY: The public has access to this information, allowing for well-informed decision-making. 03 PROJECT DELAYS REDUCTION: Developers are reprimanded for delays and are required to register project deadlines with RERA

  6. 06 BENEFITS OF RERA REGISTRATION 04 BUILDER ACCOUNTABILITY: Developers are required to deposit a portion of the project’s cost in a separate account. 05 LEGAL RECOURSE: In the event of conflicts with builders, homebuyers have a legal remedy available to them. 06 STANDARDIZED PRACTICES: By establishing similar contracts and procedures, RERA encourages consistency in the real estate industry

  7. 07 BENEFITS OF RERA REGISTRATION 07 INCREASED INVESTOR CONFIDENCE: Projects that adhere to RERA earn trust and transparency 08 QUALITY ASSURANCE: Building quality standards must be followed, and guarantees must be offered 09 BOOST TO AFFORDABLE HOUSING: RERA promotes the creation of affordable housing developments.

  8. PHONE (020) 2611 3701 FACEBOOK https://www.facebook.com/ GoelGangaDevelopments WEBSITE https://goelgangadevelopments.com/ LET’S GET IN TOUCH OFFICE 5 Bund Garden Road, Camp, Pune, 411001

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