The Real Estate (Regulation and Development) Act, of 2016, provides a comprehensive guarantee for real estate investments, requiring thorough research, budgeting, and spending considerations.
Source: 99acres.com
RERA Delhi Registered Projects: Real estate investing requires research, budgeting, and spending. In light of all of these and other considerations, the government implemented the Real Estate (Regulation and Development) Act, of 2016, offering a broad guarantee.
The management and regulation of Delhi’s real estate market is done by the RERA Delhi. It manages the market in an open and well-organized way while safeguarding both developers and homebuyers.
A list of approved real estate developments, developers, and agents registered under the RERA Delhi is available on the Delhi RERA website. To make an informed real estate investment, prospective homeowners can use the site to obtain all property-related information.
Total registered projects | 100 |
Completed projects | 25 |
Pending projects | 7 |
Rejected projects | 13 |
Total agents registered | 707 |
Total agents rejected | 82 |
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In Delhi, the cost of registering as an RERA agent is Rs 10,000 for people and Rs 50,000 for those who are not individuals.
Click Register as Buyer under Online Registration on the RERA Delhi page, then provide the requested information.
If a developer, builder, promoter, or real estate agent violates or contravenes any provision of the RERA Act, a buyer may file a complaint with the RERA in Delhi.
The buyer may submit a complaint with RERA Delhi against a builder who does not provide possession of the home on schedule to obtain immediate control or a full refund plus interest.
If you fell for false advertisements and decided to deposit money with the promoter, file a complaint with RERA Delhi against the developer, backer, and endorsers.
The constructor may request up to ten percent of the total cost of the building, apartment, or plot of land in advance. A buyer may file a complaint with RERA Delhi against a builder if the firm demands a deposit over 10%.
Every project needs to have a Delhi RERA registration. The buyer can file a complaint if the builder offers or sells an unregistered project. Consequently, registration under RERA Delhi is necessary.
Maintain all project information, including the design, layout, and government approvals, on the RERA Delhi website. Anyone who violates this clause as a builder or developer may be subject to a complaint.
The promoter must refund the original payment to the allottee if there are any structural defects in the craftsmanship or service quality. If the buyer is not reimbursed, they can file a complaint with RERA Delhi.
Promoters cannot transfer majority rights to another individual without obtaining consent from two-thirds of allottees. If a promoter is found doing so, a complaint can be filed with RERA Delhi.
RERA Delhi can act suo moto against irresponsible developers who violate any of the above rules or any other RERA Act, 2016 provision.
Proceed by selecting Complaint To Authority (Form M) from the Online Complaint menu.
By selecting Report Non-RERA Registered Project, you can also file a complaint over a non-RERA registered project. The complainant’s identity will remain private, according to the official Delhi RERA website.
Homebuyers should rely on registering with RERA Delhi for all real estate developments in Delhi before making their largest purchase. To make an informed choice, people can access all verified information on the RERA Delhi website.
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