In the last few decades, there are a number of problems that have arisen in the real estate market of India. There are many real estate builders and developers who are behind bars because of fraudulent activities. These cheating cases are of delayed possession of the residential projects, plan changes and extra charges or hidden costs that the buyers were not aware of. Hence, RERA India came into effect.
Problems Faced by Buyers and Promoters
This act helps the middle class people who face real estate irregularities and problems. The home buying problems are many for the people in India. Apart from this, the developers also need to face great difficulties. The promoters also face major difficulties like ever-rising corruption and project approval.
What does the Real Estate Regulatory Authority in India do?
meraRERA Property Legal Solution works towards solving the problems of the developers, builders, promoters and most importantly the buyers. This Real Estate Regulatory Authority has been incorporated for the benefit of the people of India. The Real Estate Regulatory Authority guides the real estate agents, promoters and buyers on how they can effectively contribute towards serving the real estate marketing in the best way possible. It helps in bringing transparency and stability in the real estate market.
What do the RERA Consultants do?
The RERA consultants are aimed towards offering good help to the real estate agents, promoters and buyers regarding the all new Real Estate Regulatory and Authority. These consultants are very well aware of the power of synchronization of the real estate agents, buyers and promoters. They make proper arrangements for this synchronization making sure that none of these suffer because of the defaults of others. The consultants are adept at educating promoters and buyers about the strict rules pertaining to the sell and purchase of property in India.
