Investing in dispute-free land is like a blessing in disguise. However, achieving this goal is not as simple as it may sound. Most of the time, ownership issues, land related problems, encumbrances, appreciation value, and other critical segments related to the real estate project go unnoticed. As a result, problems arising due to non compliance or lack of legal due diligence lead to project delay or complications. Thus, to protect the rights of home buyers, RERA or Real Estate Regulatory Authority keeps revising the compliance & regulations terms. Additionally, transparency & accountability need to be ensured by the builder as a part of RERA guidelines.
To address the development management goals of a project through legal and land due diligence, top RERA consultants in India need to be hired. These RERA experts play a vital role in aligning documentation, verification, registration, and all aspects related to approval & licensing of the real estate project are addressed. Currently, the 6th amendment of UP RERA, the legal framework, has enabled builders to submit a project extension application. This is a mutual benefit for home buyers as well as builders throughout the project execution. Let’s unfold the advantages of UP RERA’s 6th amendment for home buyers:
- RERA registration and documentation can be verified
From the project approval certificate, accurate registration details, and the relevant information, to all the compliance checks can be verified. All the intricacies related to the project management, execution, timeline, and registration number & certificate can be accessed by home buyers. These details can be viewed on the RERA portal.
- Plans authorized by RERA
The project details and layout should align with the plan authorized through RERA registration.
- The sale agreement terms can be transparently checked
The sale agreement can be reviewed by home buyers to explore details like possession date, payment schedule, carpet area, and price. Alternatively, penalties resulting from delayed possession are also accessible when registered projects are invested in.
- The date of possession & penalties can be uncovered
With utmost transparency, the project registration and approval process is executed by the trusted RERA consultants in India. Hence, home buyers can check detailed information related to the date of possession. Besides, the legal information related to penalties posed by RERA for non-compliance or not exceeding the project timelines can be evaluated by home buyers.
- Important documents related to the project should be checked
The comprehensive documentation of the project is handled and executed by the RERA experts. Therefore, all the details related to the documents submitted for RERA approval can be easily checked on the unified portal of RERA. Documents such as the occupancy certificate, title deeds and encumbrance certificate can be viewed on the RERA portal for making an informed decision.
Hire the best RERA consultants in India for comprehensive project management.
Being a home buyer looking for attractive deals, you may not be able to identify the red flags of a real estate project. Well, you are in safe hands at V3 Infrasol, as we offer comprehensive project management services to invest smartly. Talk to the best RERA consultants in India by choosing us as our legal, financial, and regulatory experts. We assure you of a transparent layer to review the project through legal & land due diligence. In case you are planning to finalize a dispute-free property with high appreciation value, then, consult our RERA experts today!
