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.
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.
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