What Is RERA in Real Estate? | Why RERA Is Required? | Real Estate Investment in Telugu | Kowshik
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- เผยแพร่เมื่อ 8 ก.ย. 2024
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What Is RERA in Real Estate? | Why RERA Is Required? | Real Estate Investment in Telugu | Kowshik
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The real Estate (Regulation and Development) Act of 2016 created RERA, or the Real Estate Regulatory Authority, to protect homebuyers and promote real estate investments. The Upper House approved the bill for this Parliament of India Act on March 10, 2016. (Rajya Sabha). The RERA Act became operative on May 1 and afterwards.
Every Indian state should establish a real estate regulatory authority to oversee, judge, and mediate any issues involving real estate projects in that state-creating a fast-track dispute resolution process. An appellate tribunal and specialised adjudicating personnel will be used to accomplish this. For the RERA to have jurisdiction over the projects, all real estate projects must be registered. Two-thirds of the allottees must agree in writing for a promoter to transfer or assign the majority of their rights and obligations in a real estate project to a third party.
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Meet Mr. Nandi Rameswara Rao, Founder, and CEO of Realtor Oxygen.Have worked with 200+ investors.
He trained thousands of agents in his career, and Now he is sharing some interesting topics through TH-cam Channel Realtor Oxygen.
Kindly Subscribe to his channel for interesting videos and updates
/ @realtoroxygen
Subscribe to our TH-cam channel for more videos about various businesses, farming and personal finance.
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Hello Sir.. I brought a flat which is approved by RERA and it got registered. now builder stopped constriction process from 3 months and not giving proper response. i am not sure how to proceed with further .. could you please help / guide me on this?
please please please ..
Did ur problem was resolved..?
Hi did the project got started..?
వెరీ వెరీ సూపర్ ఫ్రీడమ్ యాప్
Hi sir
Hii