RERA to Separate Authentic Builders from Defaulters

pankaj bajaj eldeco
The coming of RERA (Real Estate Regulation and Development Act) in the year 2017 had caused a major stir in the real estate market. Some call it a boon for the real estate industry others claim that it’s entirely buyer oriented, which would make it strictly one-sided. Delayed and defaulted projects are considered the biggest concerns in the holistic development of the real estate sector. Due to no regulatory authority present earlier on and no rules to enforce the builder-buyer clash primarily a...

RERA: A Blessing to Buyers

Real Estate became an industry based on lopsided transactions and in favour of developers. But things are about to change with the introduction of RERA (Real  Estate Regulation and Development Act) by the Government of India on May 1, 2017. It aims to create a more fair and equitable transaction between buyers and builders of real estate. It’s about to bring accountability and transparency in the entire real estate market. Till date, there was no guarantee or warranty of any kind in...