How To Check Real Estate Project Details On RERA.pdf

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. In order to increase transparency about a developer’s 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 carpet area, the support infrastructure, and more. https://goelgangadevelopments.com/real-estate-tips/how-to-check-real-estate-project-details-on-rera/

1. HOW TO CHECK
REAL ESTATE
PROJECT DETAILS
ON RERA

2. ABOUT RERA
02On 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.

3. 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
STEPS TO FOLLOW
ENTER SEARCH CRITERIA:Enter the pertinent data that you
are aware o REVIEW SEARCH RESULTSA list of projects that meet your criteria
will be generated by the website
03

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

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

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

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

8. LET’S GET IN
TOUCH
PHONE
[phone]
FACEBOOK
https://www.facebook.com/
GoelGangaDevelopments
OFFICE
5 Bund Garden Road, Camp, Pune,
411001
WEBSITE
https://goelgangadevelopments.com/