Understanding the Impact of RERA on the Indian Real Estate Market
Understanding the Impact of RERA on the Indian Real Estate Market
Blog Article
The Real Estate (Regulation and Development) Act (RERA) has transformed India’s property sector by promoting transparency and protecting buyers. Understanding its impact is crucial for investors and homebuyers.
How RERA Benefits Buyers
Ensures Transparency – Developers must disclose project details, including approvals and completion timelines.
Prevents Project Delays – Builders must deliver projects as promised or face penalties.
Secures Buyer’s Investments – A minimum of 70% of project funds must be kept in an escrow account to prevent fund misuse.
Investors looking for RERA-compliant projects can seek guidance from trusted firms like Address Advisors for secure investments.
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