Project Registration
All New and Existing projects, except
where the land is less than 500 sq.meters AND the number of apartments is less than 8.
Advantages:
- Compliance of Law since RERA Registration is Mandatory.
- Not possible for Home Buyers to get Loans from banks if the project is not registered under RERA.
- Consistent receipts from consumers as per agreement / percentage completion of project.
- Share of consumer for registration charges, municipal taxes, maintenance charges, ground rent, electricity charges, water supply charges, etc.
- Faith of Consumers.
- Increase in investments of Consumers.