Benefits of RERA Approval
Property in RERA approved project helps to safe guard money as well as time
RERA stands for Real Estate Regulatory Authority came into existence as per the Real Estate (Regulation and Development) Act, 2016 which aims to protect the home purchasers and also boosts the real estate investments. The bill of this Parliament of India Act was passed on 10 March 2016 by the Upper House (Rajya Sabha). The RERA Act was effective on and from 1 May 2016. At that time, out of 92 sections only 52 were notified. All the other provisions were effective on and from 1 May 2017.
Govt. of India introduced this act to protect the interest of home purchasers from mal practices from the builders/developer. It aims to reduce project delays and property frauds to some extent. We are providing data of RERA approved project Individual property wise.
Property in RERA approved project helps to safe guard money as well as time
Check whether your property lies in RERA approved project by searching your property address.
Updated list of RERA approved projects in Madhya Pradesh.
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