Rera Safeguard For A Reliable Investment With Property Developers In Mumbai

Real Estate is a huge industry which doesn’t have a certain base. With so many operations, projects and developments taking place at the same time, all around India, the problem of reliability and credibility becomes a general issue. It is not surprising to hear about customers being fooled by fake real estate agents. This makes this industry fragile and puts danger for every homebuyer’s hard earned money.

To make investment with property developers in Mumbai, Pune or even Delhi, government of India has launched a new scheme called RERA. RERA stands for real estate regulation act. This act brings a lot of provision to help the customers keep a track of their property’s development and confirming if their money has gone to genuine real estate developers.

    • RERA ensures that a project will be completed on time. This is done by instructing the developers to keep 70% of the funds for the property in a dedicated bank account. This way the project never runs out of money and ensures that anyone who made payments for a flat will not have to wait for long

    • Through RERA, one can exercise benefits like access to detailed information, Increased transparency, fair compensation for project delays, Fair pricing and refund policy. These benefits help you with your grievances without running to the real estate company’s office over and over again.

    • RERA also acts as a platform for fast-tracking of grievance redressal system. When a customer is not happy with the work promised by the builder, they can use RERA to file a complaint.

Ekta World is one of the most genuine companies in India that follows all the regulatory guidelines in order to provide their customers with complete transparency and reliability.

Make Sure That Property Developers In Mumbai Are Not Selling You An Apartment Under Dispute

Have you ever desired to move into an apartment of your own? Do you maintain a checklist of the things that you should be clarifying while dealing with a real estate agent? If there is a checklist, have you considered how vital the clarification on ongoing court disputes can be?

Well, a lot of potential home dwellers skip the background check of the apartment as it is a common belief that the entity was built from scratch. This is not absolutely true. You must have heard of growing property value. Homeowners desire to move to a new space of their own as their family grows. Their home has a value that they like to encash upon and as a result, it is sold to a construction company who then removes the existing residential space and creates a multistoried apartment in its place. Often it is seen that the property being sold has been around for generations and as a fact unknown to the buyers, there is a legal dispute or a family issue going on.

The homeowners want to get rid of the property’s dispute and so they sell it to property developers in Mumbai and move on from there. Whatever issues are there surrounding the property are then waived off until people start purchasing the space and become a victim of a fraud that can end up making them run from a court to another.

This is the reason you should always make sure that your property is not a part of any such disputes. It is recommended to take help of a lawyer who can investigate the authenticity of the property. After your lawyer clears everything, only then you should make the payment and move in.

Ekta World is one of the most reliable real estate companies in Mumbai. They have a number of genuine properties for sales in Bandra West, Andheri and Chembur. Their apartments speak of luxury and only bring prosperity to the owner’s life.

Property Developers In Mumbai Build Your Future Home

A city attracts the population from its surrounding areas and as the population increases the city space continues to widen over the years. This is especially true when you consider cities like Mumbai that has people pouring all year round. Each year lakhs of people come to Mumbai in search of better opportunities or just for a higher standard of living. While this continues to steam in the city the requirement within the city for better infrastructure and housing needs increases admits the property developers in Mumbai.

Over the years Mumbai has gone through a huge makeover and expansion like never before. Many old properties went through the transformation under the redevelopment project that is been carried out all over the city in this last decade. This mainly was concentrated on the residential projects in Dadar, Goregaon, Chembur and all other areas that are considered the heart of Mumbai. In fact, this has also provided the answer for the rising housing needs which was becoming a grave concern for the property developer and the city as well. Thus there are many houses that are available in different ranges and this makes the house hunters life easy. As purchasing a house is not an easy task especially when you are new to the city or this is the first time you would own one it is best to seek the help of professionals who are well aware of the legalities.

They would be well aware of the house rates of different location and would be able to guide you better during the procedure of purchase. This helps in resolving many hassles that arise during the legalities especially where the financial aspect is concerned as many times there are endless bank work. Thus if you are someone who will have to resort to home loan for the purchase of your house then it would be advisable to get all your documents in place.