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.
• 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.
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.
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
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.
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| 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.
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| Godrej Nurture |
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
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