The RERA act has brought the benefits to the aggrieved home-buyers in huge quantum but still after a year there are multiple issues over various provisions of the act which needs to have some clarification.
This is not compulsory that all RERA registered projects are investment worthy ,there are many projects registered under RERA on which investing money will become the worst decision of your life.
Since there were no ethics or no governing in the real estate sector, grieved buyers had no idea which door to bang in case of delayed redressal and grievances.
Real Estate sector has always baffled homebuyers. Reason being there were no rules and regulations as such for grievances.
How to file RERA complaint or complaint before RERA against builder, or complaint before State RERA, we need to understand the brief of RERA laws, its purpose and other points.
Homebuyers who have been martyr in the realty sector can now take a deep breath as the focal point of RERA Act is to safeguard the interest of homebuyers.