TN RERA Approved Projects Benefits in 2024
Business / by Aravindh j / 16 views
Today the awareness of RERA is good. Lot of several violations of consumer rights happened in the past. The government has been taking several measures to safeguard the purchasers. Real estate Regulatory Authority implemented RERA in 2016. The RERA- approved is to regulate and promote the sale of real estate in India. That is in a efficient and transparent way. And also to protect the interest of purchasers. All the RERA approved real estate projects have a certificate. And a unique registration number. The certificate provides all the information about the property. According to the RERA Act, a Real Estate Authority and Appellate Tribunal has been created for each state. The real estate laws in the Indian country are governed by both the State-specific laws and the Federal laws. According to the Constitution of India, the ‘Land’ falls under the State List. The RERA Act differs from state to state. The RERA approved addresses the construction needs in various states. Project developers and builders must adhere to the policies. And register themselves under RERA.
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