RERA (Real Estate Regulation and Development Act) is a regulatory body established by the Indian government to promote transparency, accountability, and efficiency in the real estate sector. RERA aims to protect the interests of homebuyers by ensuring timely delivery of projects, mandating the use of standard agreements, and establishing a grievance redressal mechanism. It also regulates the functioning of real estate agents and developers.
Read moreReplied by Amul Ranganathan On 6/7/2023
MHADA flats are generally less expensive than other residential properties in Pune as they are developed by the Maharashtra Housing and Area Development Authority for the low and middle-income groups...
Replied by Jasraj Deshpande On 6/7/2023
DDA Janta flats instalment payments can be made online via the DDA website. Log in to your DDA account, select a payment method, enter the payment amount, and click pay...
Replied by Chandragupt Dhillon On 4/7/2023
According to the Real Estate Act of 2016, RERA approval refers to the process by which a real estate project is registered with the state-level regulatory authority. To obtain RER...
Replied by Niranjan Jha On 4/7/2023
The DDA Land Pooling Policy aims to develop new housing projects in Delhi by purchasing undeveloped land from landowners and pooling it to build new residential and commercial projects. Landowner...
Replied by Sonakshi Sachdev On 5/7/2023
The DDA number is a unique registration number assigned to an applicant during the DDA housing scheme application process. It can be found on the applicants registration slip, application form...
Replied by Snehil Gill On 5/7/2023
MHADA lottery winners must follow instructions from MHADA to pay for the flat, typically by visiting the designated bank branch with a copy of the allotment letter and paying vi...
Replied by Dharmi Banerjee On 4/7/2023
The application fee for the MHADA lottery is determined by the location and size of the housing unit, and the registration fee ranges from Rs. 100 to Rs. 300. Successfu...
Replied by Kulvir Goel On 3/7/2023
Yes, DDA flats can be sold by the owner after the five-year lock-in period from the date of allotment has ended. Following the lock-in period, the owner can sell th...
Replied by Kamalini Purohit On 5/7/2023
RERA registration indicates that a real estate project has been approved by the respective states Real Estate Regulatory Authority (RERA) and that the developer has followed all of the authority...
Replied by Angad Patel On 5/7/2023
A RERA registered property is one that has been registered with the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation and Development) Act of 2016. This registration certifie...