“If I had a house, I would have decorated it with some antique pieces.”
We often dream of having a house of our own. Many of us start saving some amount of money for buying a house from the very first day we get our salary. When we have a stable income, we tend to remain busy searching for an appropriate apartment for us that would suit us the best. We Google search, we ask our neighbors about it, etc. But the reality comes in front of us when we invest. The home buyers like us, since the last few years, have faced huge problems while buying a property. Besides, the cases of fraud had also increased. Therefore, the government of India had to do something for its citizens.
Thus, the government of India introduced The Real Estate (Regulation and Development) Act, 2016, (RERA) intending to boost the investment in the real estate sector many folds and protect the interests of the buyers or investors. This act brought all three stakeholders of the real estate sector like builders or developers, brokers, and buyers under law. RERA is the only legal body of India which have the responsibility to resolve all the issues and complaints in the real estate sector of India, i.e., resolve all kinds of problems among builders, brokers, and buyers or investors in India.
You would never want the property that you would buy to be an illegal one. Neither would you like to take unnecessary problems regarding the property. Thus, you should make sure that the property you are about to buy is registered under RERA. There are several ways in which you can be in an advantageous position if your property is registered. Readout to find how!
I hope that I have been able to uphold some benefits that you can have if your property is a RERA registered one. Investment in RERA registered property protects your interests in the real estate sector. You can easily avoid all kinds of legal complications, unwanted headaches and ensure the quality of the property. RERA solves the issues between buyers and sellers within a limited time frame. You get a place to pour your grievances too. What more is required?
Hey there! If you want to get more information about RERA, you can pay a visit to The Real Talks where you will find numerous articles related to RERA and other topics related to the real estate market. Further, you can drop a mail at email@example.com to get in touch with our experts. We assure your privacy and care for your needs and requirements. We have a dedicated group ready to solve your problems regarding real estate and assist you in every possible way!