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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 Kuldev Agarwal On 5/7/2023
Yes, you can sell MHADA apartments, but certain conditions must be met. According to MHADA regulations, the original buyer of the flat must occupy it for five years before sellin...
Replied by Subhadr Kapadia On 6/7/2023
To cancel a DDA application, log in to your account on the official website, select the application to be cancelled, and follow the instructions. No refund is given for th...
Replied by Mrityunjay Kapadia On 6/7/2023
Yes. Home loans for DDA freehold flats are approved based on the propertys value and the borrowers eligibility. Loan amount and terms may vary depending on the flats location, size...
Replied by Shlok Chauhan On 4/7/2023
Check RERA-registered projects in Pune through MahaRERAs website by following the given steps: click on Project Registration" -> select "Registered Projects" -> choose "Pune" -> enter relevant search criteria -...
Replied by Ujjwal Acharya On 4/7/2023
The Real Estate (Regulation and Development) Act 2016 was enacted on May 1, 2017. It regulates and promotes transparency in the real estate sector, protects home buyers interests, and promote...
Replied by Vaishnavi Reddy On 5/7/2023
RERA Carpet area is calculated by measuring an apartments net usable floor area. It encompasses the space within the walls but excludes the balcony, terrace, veranda, and other common areas...
Replied by Dhanaraj Lal On 4/7/2023
All Indian citizens, including NRIs, can apply for DDA flats in Delhi regardless of their state of residence, as long as they meet the eligibility requirements and have a vali...
Replied by joy Dara On 5/7/2023
RERA is an abbreviation for the Real Estate (Regulation and Development) Act of 2016. The Indian Parliament passed it to regulate and promote transparency in the real estate sector. Th...
Replied by Samaya Kumar On 4/7/2023
To file a complaint against a builder under RERA, a homebuyer must go to the official website of the respective states Real Estate Regulatory Authority (RERA) and fill out a...
Replied by Prathamesh Shah On 4/7/2023
To get freehold ownership of a DDA flat, apply to the DDA with the necessary documents and fees. After eligibility verification, the DDA will issue a NOC, which allows th...
