#NRImoneyclinic #RERA #RealEstate
RERA – Objectives
Protects Both Investors And Builders
Intends To Weed Out Fly By Night Operators
Promotes Organised Development Of Real Estate
RERA – Salient Features
No Developer Can Develop Projects Without RERA Regn
Protects Investors Money From Getting Misused
Delivery Period From Developers Is Guaranteed
Developers Interest Also Covered
Ensures Quality And Prevents Violations By Builders
9.59
RERA – Old Projects Not Completed
All Incomplete Projects Have To Be Registered With RERA
Projects Without Occupancy Certificate Have To Be Registered
Investors Have Protection Under RERA For These Incomplete Projects
11.45
RERA – Grievance Redressal
Investor Has Right To Complain For Deviations
RERA Can Handover Project To Another Builder
14.40
RERA – Compliance
Each Project Has To Have Its Separate Escrow Account
Builders Are Not Allowed To Pre launch Projects
Project Registration With RERA Must Before Launch
Builders Cant Market/Promote Projects Prior To Registration
Registration Number Only After Complete Clearances Obtained
16.10
RERA – Points For Investors
Make Sure RERA Registration Is In Place Before Giving Advance
Double Check The RERA Registration Number On RERA Website
All Project Records Are On RERA Website For Public Viewing
20.30
RERA – Specifications Of Flats
Builder Can Charge Customer On Basis Of Super Built Up Area
Builder Must Mention Clearly Carpet Area And Balcony Etc
Builder Must Show This Difference In Sale Agreement/ Deed
22.00
RERA – Deviations By Builder
Impossible For Builder To Deviate
Investor Can Claim Back His Amount With Interest
Builder Will Not Get Occupancy Certificate
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Our Website: www.nrimoneyclinic.com
Whatsapp: 00971 55 548 4472