For many of us owning our own home is a lifelong dream and ambition. We invest heavily in terms of time, effort and money to buy the house which will be a home to us, an asset to our children and shelter for our parents.
So what happens when we embark on this herculean journey? We face obstacles which we need to overcome one by one before we can have our happily ever after. Fortunately, RERA is here to make the process of buying or selling property easy for layman.
With a view to protect homebuyers rights, streamline buying- selling of real estate and usher in complete transparency, Government Of India has recently passed Real Estate Regulation Act. This Act has come into force on 1st May, 2017, although some sections of the act are with effect from 1st May 2016. As per the act each state and union territory will have its own RERA. Know more about RERA for your state.
www.Reraforall.com is an initiative taken by a group of likeminded and experienced professionals who are committed to the cause taking the benefits of this law to the common man. This site offers you advice on legal remedies and procedures under RERA to address your concerns related to real estate. Over the last decade, we have acquired huge expertise in dealing with property issues and we have empaneled legal experts who are committed to supporting our cause and simplifying the law for the layman. Thus we know and understand all the pitfalls you will encounter while buying –selling property. Our insights and experience will guide you to take the right decisions and educate you about your rights under this law.
In our effort to help you understand the law, we have compiled some of the most common, critical and pressing issues consumers face while buying and selling real estate. Our section on FAQs will address these concerns for you as well. Here is a quick reckoner of the areas covered under RERA.