Skip to main content

RERA Affect on Indian Real Estate Market

RERA the significant game changer

Real-estate the ever booming field and one of the main contributor to the economy is hard to predict and understand since it shows the fluctuations all the time. Real-estate includes the retail, commercial and residential constructions on land. Sales of the residential establishments have gone high across the country and the economy is also flourishing after the implementation of Real Estate Regulatory Authority (RERA)act.

The RERA act passed in 2016 by the parliament of India with the aim to boost the investments in the real estate domain and to safeguard the home-buyers to enter into the transparent transaction. RERA approvals are applicable to both commercial and residential projects across the country.

Godrej Nurture - RERA on Indian Real Estate
RERA on Indian Real Estate

Some of the benefits after RERA

• The number of launches has also gone up and the RERA approvals have made the real-estate deals more transparent.

• Buyers will not face any delay on the handover of the projectsince the builder is imposed fine on delaying the delivery.

• Overcharges beyond the walls are avoided in RERA properties since the builders are supposed to sell the properties based on carpet area and not the super built up area of the unit.

• The Builder is responsible for the quality issues up to 5 years after the handover of the project and is subjected to rectify it within 30 days of complaint raised and is held responsible for the defects if any.

• Builders will not be allowed to use the buyer’s money to build other projects and divert the funds raised on the particular project. All the money is monitored and accounted.

These rules have attracted investors to invest in Indian market.

Since strict rules have been imposed on the builders, they have found it difficult to manage the demand and obligations. However, experts suggest that the physical examination of the property is the must before investing.

For the risk-free investment in the residential field invest with the renown builder with the much awaited venture in the Godrej Nurture developed in the significant locations of Sector 150 in Noida.

Godrej Nurture the mesmerising housing solution of Noida

Godrej Nurture is a RERA UPRERAPRJ17861 approved project tailor made by the leading constructional icon Godrej Properties. The project is planned and developed in the excellent landscape with the best connectivity, civic amenities, infrastructure and accessibility for the best of living.Godrej Properties is a legendary ISO certified builder having experience in crafting commercial, retail and residential township properties.

The Godrej Nurture project is encircled with best hospitals, schools, banks, eateries, entertainment places, and shopping malls like DLF the Biggest Mall of India. The enclave is the perfect blend of urban living and modern rich lifestyle and is in the proximity of the companies like IBM, Microsoft, American Express, Coca-Cola, and more.International Airport is just 30-minute drives from Godrej West Winds venture and offers seamless connectivity to the part of Delhi through Expressway via NH-8. The property also features various amenities for the best living of the residents to stay with luxury and comfort.

Godrej Nurture, Godrej Nurture Noida, Godrej Nurture Sector 150
Godrej Nurture
Buy Godrej Nurture in Noida and enjoy blissful stay!!

For more information on Godrej Nurture Visit the Below Links:

http://www.grihhpravesh.com/a-new-address-to-the-luxury-home/

https://www.speakingtree.in/discussion/what-is-so-special-about-godrej-nurture

http://www.indiassets.com/forsale/8190/godrejnurturegrihhpraveshcom.html

https://issuu.com/dvya0130/docs/godrej_nurture_-_2_and_3_bhk_apartm

Comments

Popular posts from this blog

Godrej Nurture- How do NRI’s approach property investments in India

Property Investment in India Property investments are crucial in some way or the other. One has to realize the opportunities which would result in saving for a certain future. First-time property aspirants are now gradually transitioning from the tenant phase to owning homes for themselves. Godrej Nurture by Godrej properties is a unique project which is strategically located at Sector 150 in Noida. The location offers a lot in terms of social infrastructure and IT sector development. With renowned educational and medical institutions in close proximity to the project, residents can avail the best educational services coupled with top-notch services for effective healthcare and physical well-being. Structures that are nothing short of architectural marvels are sure to provide stunning views of landscaped gardens surrounding the project. To incorporate an innovative and a customer-centric approach, residents are indeed called to the site to experience the amenities, floor plans and de…

How to prepare yourself to buy home - Godrej Nurture

Make wealth by making a property One of the best ways to gather the wealth is the buying a dream home. An Asset is the form of capital that provides you with a safe financial future. The Good financial approach is the one investing on a property. All the financial investments in the property will not fetch you gains since it the property on which you are investing means a lot. Before planning to invest in a property make yourself prepared for the major investment of your life.

Steps to plan your investment Plan & do research: analyse the type of investment you desire to make. Accordingly, work out on your affordability, budget, borrowing capacity, risks and rentals. Have an eye on your previous debts. If applying for the loan have a clean and high CIBIL score.
Explore the locality: investigate the connectivity and feasibility of public transportation in the area, know more about the residential spread in the location. Do a complete study on theaverage rental income of the area, pote…

Godrej Nurture - New Residential Proerty in Noida

Godrej Nurture- Live a lifestyle that is just dreamt by many Introducing a luxurious residential venture with round the clock conveniences, privileges, and security. Here is an address that is constructed to set you at a distance at Sector 150, Noida. Godrej Nurture - all about living an inspired life.

Live life the way your heart desires. Godrej Nurture is incredibly planned residential project hatched by the experts of Godrej Properties. To buy the home of your dream Godrej Nurture is ideal and sets in the best locality with all élites. It is a well-planned venture amidst excellent connectivity, accessibility, civic amenities, and infrastructure for the best of your living.

Godrej Nurture Specifications Godrej Nurture is intelligently crafted to suit all your requirement and wishes with a surfeit of amenities. The units of the project are premeditated and developed with materials with topmost excellence for best results. Godrej Nurture Sector 150 Noida is fashioned in a way that stresse…