RERA Vision

  RERA quarterly compliance is one of the most important factors that play a significant role in the real estate market. RERA ensures the transparency of project funds and other details and accountability in project management. Under the Real Estate (Regulation and Development) Act, 2016, developers must submit regular reports specifying project progress and financial discipline.  RERA quarterly compliance not only protects consumer interests but also enhances the credibility of developers in a competitive market. By following all the regulations mentioned in RERA, developers can build better relationships with their clients, which also increases their word-of-mouth marketing. Moreover, avoiding legal disputes is a significant task in the real estate market. With this blog post, we will try to understand why Prioritizing RERA quarterly compliance is essential for sustainable growth and success in 2024. Legal Compliance Projects with an area of more than 500 square meters or m...

In the fast-moving real estate industry, project delays are a common occurrence as a result of numerous factors, ranging from financial constraints and regulatory impediments to unforeseen circumstances like weather conditions.  The Real Estate (Regulation and Development) Act, of 2016, also known as RERA, was legislation to bring greater transparency, accountability, and efficiency in the real estate sector. As RERA is meant for the protection of home buyers, it also acknowledges that delays can occur by allowing developers to apply for an RERA project timeline extension . In this blog, we will take you through the process of how to apply for a RERA project timeline extension and share expert tips on how you can increase your chances of getting your extension approved. As a developer, no matter where you are in Mumbai or any other place, it is important to know what steps to take and what legal requirements to follow to maintain your project’s credibility and avoid penalties. Unde...