RERA Approved Projects

RERA Approved Projects

RERA (Real Estate Regulatory Authority) approval ensures transparency, accountability, and complete legal protection for property buyers. Investing in a RERA approved project safeguards your money and rights.

1. What is RERA?

RERA stands for Real Estate (Regulation and Development) Act, 2016. It is a government law introduced to regulate the real estate sector and protect home buyers from unfair practices.

  • Applicable to residential and commercial projects
  • Mandatory registration for eligible projects
  • Regulated by state-wise RERA authorities

2. Which Projects Need RERA Registration?

As per RERA rules, certain projects must be registered before sale or advertisement.

  • Projects with land area above 500 sq. meters
  • Projects with more than 8 apartments
  • Ongoing projects without completion certificate

3. Rules for RERA Approved Projects

RERA enforces strict rules on builders and developers to ensure buyer safety.

  • Mandatory project registration with RERA number
  • Disclosure of project layout, approvals, and timelines
  • 70% of buyer funds kept in a separate escrow account
  • No false advertisements allowed

4. Benefits of Buying RERA Approved Property

Choosing a RERA registered project offers multiple advantages for buyers.

  • Transparency in pricing and carpet area
  • Assured possession timelines
  • Legal protection against delays
  • Accountability of the builder
  • Clear project and land titles

5. Buyer Rights Under RERA

RERA gives strong legal rights to buyers to protect their investment.

  • Right to receive possession on promised date
  • Right to refund with interest in case of delay
  • Right to accurate project information
  • Right to file complaint against builder

6. Builder Obligations & Penalties

Builders must follow RERA compliance strictly, or face penalties.

  • Heavy fines for non-compliance
  • Project registration cancellation
  • Imprisonment for serious violations
  • Compensation payable to buyers

7. How to Check RERA Approval?

Buyers can easily verify RERA registration details online.

  • Visit official state RERA website
  • Search using project name or RERA number
  • Check approvals, timelines, and builder details

8. Why We Recommend Only RERA Approved Projects

We prioritize buyer safety and long-term value. Recommending RERA approved projects ensures transparency, legal security, and peace of mind for our clients.

  • Risk-free investment
  • Trustworthy developers
  • Safe and regulated transactions
Contact Us

Contact Us

Get in touch with us for property inquiries, site visits, or investment guidance.

Our Contact Details

Office Name: Taru Properties

Address: Wakad, Pune, Maharashtra, India

Phone: +91 9800753232

Email: info@taruproperties.com

Working Hours: Monday – Sunday | 9:00 AM – 7:00 PM

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