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The Many Advantages Of RERA In Home buying


The Real Estate Regulation and Development Act (RERA) is being recognized for the tremendous trans formative potential it holds for the real estate sector in India. With several real estate reforms in place already, this is a great time for those looking to buy a home.

These are some of the many benefits that home buyers are assured of under RERA:

  1. Timely completion of real estate projects: Until now, a delay in the completion of real estate projects was almost the norm. However, with RERA in place, builders will be held more responsible for the timely completion of projects.

  2. Significant compensation against delays: RERA ensures that the home buyer receives a refund on the deposits made and ample compensation in the case of an unavoidable delay in the completion of the project.

  3. Builders to be more answerable: As per RERA, builders are not permitted to use your money for the construction of any other property except that which is in your name. Additionally, builders will be held accountable for structural defects and other issues related to workmanship with regard to the property in question.

  4. Buyers’ concerns to be efficiently redressed: As a home buyer, your concerns and grievances will be given priority and will be redressed in a quick and efficient manner.

  5. Assurance of quality construction: Under RERA, it is incumbent upon builders to follow a certain prescribed standard for construction. Whether it is the materials used in construction or the overarching construction guidelines to be followed, builders will be required to produce quality construction at all costs.

With RERA in place, real estate purchases will be more transparent and reliable than ever before. If you have been looking to buy a home, this is the best time to make a purchase. Explore the premium offerings at Runwal Bliss, a new construction in Kanjurmarg, Mumbai.


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Disclaimer

Information about Runwal Bliss project - plans, links, hyperlinks and conditions are subject to change from time to time, as per law.

Information about project is indicative and is subject to agreement between Allottee & Developer. Artist's impressions, products, features, furniture, specifications, fixtures, furnishings etc. are shown as illustrations and for reference only. The final price of the product and the product does not include these items. Developer reserves the right to alter, amend and vary the layout, plans, specifications or features subject to the approval of the authorities.

Information is prepared and issued in good faith and for guidance only. It does not constitute part of an offer or contract. The recipient or user is responsible to evaluate the accuracy, completeness and usefulness of any opinions, advice, services or other information provided. All information are distributed with the understanding that the authors, publishers, and distributors are not rendering professional service or advice or opinions on facts or matters, and assume no responsibility whatsoever in connection herewith. Allottee may seek opinion of legal or tax advisor or real estate expert, if any.

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Evie Real Estate Pvt. Ltd or its directors or employees are not liable for any loss, damage, errors; directly or indirectly, consequential or incidental, suffered or incurred by any person/s or due to any use and/or inability to use this site or information or its links, hyperlinks.

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MahaRERA registered No. P51800001670 (Wing A), P51800001903 (Wing C), P51800001296 (Wing D) & P51800001477 (Wing E) Available at website: https://maharera.mahaonline.gov.in/

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THIS SHOW-FLAT OF RUNWAL BLISS IS FOR REFERENCE PURPOSE ONLY, THE FURNITURE, FIXTURES, ARTEFACTS, EQUIPMENT’S AND FILLINGS IN THE SHOW-FLAT ARE NOT PART OF THE STANDARD ACTUAL FLAT/OFFERINGS. THE PROMOTER/DEVELOPER RESERVES THE RIGHT TO CHANGE THE DESIGN, FEATURES AND SPECIFICATIONS OF THE SAME AS PER THE APPLICABLE LAWS. THE SPECIFICATIONS AGREED BETWEEN THE PROMOTER/DEVELOPER AND THE ALLOTTEE UNDER THE AGREEMENT FOR SALE TO BE ENTERED BETWEEN THE PARITES SHALL ONLY BE TAKEN AS FINAL. THE ALLOTTEE MUST REFER TO THE AGREEMENT FOR SALE FOR ACTUAL DETAILS.

THE PICTURES AND IMAGES ALONGWITH FIXTURES AND FITTINGS SHOWN HEREIN ABOVE ARE NOT PART OF THE OFFERINGS IN THE PROJECT. THE SAME IS JUST FOR REFERENCES AND INDICATIVE PURPOSES ONLY. THE AGREEMENT FOR SALE WILL SPECIFY THE SAME IN DETAIL.

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