The Real Estate Regulatory Authority (RERA) benefits buyers by promoting transparency and accountability in real estate projects. It ensures that builders like SK Fortune Developers provide accurate project details, follow construction timelines, and prevent price hikes mid-project. RERA safeguards ...
The Real Estate Regulatory Authority (RERA) benefits buyers by promoting transparency and accountability in real estate projects. It ensures that builders like SK Fortune Developers provide accurate project details, follow construction timelines, and prevent price hikes mid-project. RERA safeguards buyers’ investments by mandating that all projects are registered, reducing the risk of fraud. Additionally, buyers have access to a grievance redressal system for quick resolution of disputes. In case of project delays or defaults, RERA provides buyers with the right to refunds, making the property purchase process safer and more reliable for homebuyers.
Size: 1.04 MB
Language: en
Added: Oct 02, 2024
Slides: 5 pages
Slide Content
HOW RERA
BENEFITS
BUYERS
TRANSPARENCY
Ensures accurate project details and
timelines.
REDUCED RISK
Requires builders to register projects,
ensuring legal compliance
TIMELY DELIVERY
Mandates deadlines, preventing
project delays.
PROJECT ACCOUNTABILITY
Developers must update project
status regularly
FAIR PRICING
Restricts builders from altering
project prices midway
REFUND POLICIES
Buyers can claim refunds if the builder
defaults.
GRIEVANCE REDRESSAL
Quick resolution via RERA tribunal.01 05
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https://fortunedeveloper.in/ [email protected]
SK Fortune Group, 1233/B, Apte Road, Deccan
Gymkhana, Shivajinagar, Pune - 411004
+91 7774 086 597
CONTACT