Real Estate property in telugu| Benefits to consumer under Real Estate Regulatory Authority|

RERA means The Real Estate (Regulation and Development) Act, 2016 has been enacted by Government of India. Some sections of the Act were enforced from 1st May, 2016 and all the sections of the act came into force from 1st May, 2017. As per the act, all states must appoint a Real Estate Regulatory Authority to ensure that the purposes of the act are carried out. Benefits to Consumer under RERA: 1. False promises 2. Advance Payment 3. Standardized Carpet area 4. Same Rate of interest 5. Seperate Bank account for each project 6. Consent of the purchasers 7. Delay in possession 8. Completion & Occupation Certificate 9. Defect after possession 10. Complaints to RERA What is RERA? What is the purpose of this Act? Which Real Estate projects are comes under this Act?    • what is RERA or Real Estate (Regulation & ...   Telangana Real Estate Regulatory Authority website: http://rera.telangana.gov.in/ Andhra Pradesh Real Estate Regulatory Authority website: https://w.rerawwfiling.com/rera-andhr...   / manu-legal-s.  . [email protected] #realestate #reraintelugu #land