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Showing posts with the label Rights of Home Buyers under RERA

Essential Checks Before Taking Possession from the Builder

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When the keys to your dream home are about to be handed over, excitement is palpable. However, before you step into your new abode, it's crucial to conduct a thorough check to ensure everything is in order. Here are the key things to examine before taking possession from the builder: 1. Structural Integrity: - Inspect the foundation, walls, and roof for any signs of cracks or structural issues. - Ensure doors and windows open and close smoothly, and there are no visible gaps. 2. Plumbing and Electrical Systems: - Run faucets and check for leaks. Inspect water pressure and drainage in sinks, showers, and toilets. - Test all light switches and power outlets to ensure they are functional and properly installed. 3. Finishing Touches: - Examine the paintwork, tiles, and flooring for any imperfections, discolorations, or uneven surfaces. - Check for proper sealing in bathrooms and kitchens to prevent water damage. 4. Fixtures and Fittings: - Verify that all promised fixtures, such as lig...
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Empowering Rights of Home Buyers under RERA

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The real estate sector plays a pivotal role in shaping the dreams and aspirations of countless individuals looking to own a home. However, the inherent complexities and potential pitfalls associated with property transactions have often left home buyers vulnerable. In a bid to protect the interests of consumers, the Real Estate (Regulation and Development) Act, commonly known as RERA, was enacted. This landmark legislation has bestowed significant rights upon home buyers, ensuring transparency, accountability, and fair play in the real estate market. Understanding RERA: RERA, enacted in 2016, was a paradigm shift in the Indian real estate landscape. Its primary objective was to establish a regulatory authority for the sector and promote transparency, efficiency, and accountability in real estate transactions. The Act applies to both residential and commercial projects, and each state and union territory in India has its own RERA authority. Key Rights of Home Buyers under RERA: 1. Trans...
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