#Rera Act 2016

Tried my best to summarize RERA (Real Estate Regulation & Development Act, 2016) in 90 seconds. However, summarizing 92 sections in 90 seconds turned out to be an ambitious task! Therefore i have highlighted the most important section from the home buyer’s perspective. Some of the important sections that i didn’t talk in the video, are as follow: ➡️ Section 6 talks about the extension of the RERA registration for projects due to force majeure (ie: uncontrollable circumstances beyond the promoter’s control such as war, flood, earthquake etc) ➡️ Section 7 talks about how the RERA authority may revoke a project’s RERA registration if the promoter is found guilty of any kind of fraud or unfair trade practices. ➡️ Section 11 further talks about all the various responsibilities of a promoter. ➡️ Section 15 talks about the transfer of a project to a third party. The promoter must take a written consent from atleast two-third allottees and from the RERA authority. ➡️ Section 16 talks about the obligations of a promoter regarding insurance of the real estate project. ➡️ Section 17 talks about how the promoter must transfer the title of the common areas to the association of allottees. ➡️ Section 19 talks about the rights and duties of allottees. ➡️ Sections 59 to 68 talks about the various penalties imposed on builders, agents and allottees in case they fail to comply with orders of the authority. 🚀 Share this with anyone looking to buy a house right now! 🎗️Save this post for later use! #realestate #property

# RERA ACT 2016

RERA सिर्फ ख़ुद की कमाई के लिए आया है ?

Facing delay in possession of your property? Under the Real Estate (Regulation and Development) Act, 2016 (RERA), homebuyers have the right to timely delivery or compensation. Builders are legally bound to adhere to promised timelines—any unjustified delay can entitle you to interest, refund, or legal remedy. Know your rights. Act smart. . . . #RERAIndia #HomebuyersRights #RealEstateLaw #DelayedPossession #buzzblazeknowsthebest . . RERA Act 2016, builder delay, possession delay, real estate law India, homebuyer rights, property possession, RERA complaint, delayed project, builder liability, real estate dispute, property refund, interest on delay, housing law India, RERA rules, property investment safety

Still waiting for possession of your flat? You’re not alone—and you’re not helpless. Under the Real Estate (Regulation and Development) Act, 2016, buyers finally have a law that truly works in their favour. Section 18 gives you the right to claim a refund with interest or monthly compensation if the builder fails to hand over possession on time. Section 12 protects you against false promises and misleading advertisements. Section 14(3) ensures that even after possession, any structural defects found within 5 years are the builder’s responsibility. And under Section 71, RERA Adjudicating Officers can grant compensation through quick summary proceedings. If your project is registered with RERA and you’re facing delays or broken promises, you can take action—and get real, enforceable relief. RERA isn’t just law on paper. It’s your tool for justice. #RERA #RERARights #PropertyLawIndia #DelayedPossession #Section18RERA #RealEstateRelief #ConsumerRights #LegalAwareness #LawSimplified #JusticeForBuyers #RERAPunjab #LegalHelp #LawReels#legalupdate#viral#trending#flats#explorepage#relief

Before Buying Any Property, Check RERA First! 🚨 Thinking of buying a flat or open plot? Don’t invest blindly. Check RERA Registration before booking any property. ✔ RERA Act 2016 protects buyers ✔ Builder must share project plans & status ✔ Mandatory project registration ✔ Heavy penalties for rule violations ✔ Transparent and safe investment process RERA ensures your hard-earned money is protected. Before paying booking amount, verify project details on the official RERA website. Smart buyers always verify first, invest next. Save this post before your next property investment. #RERA #RERAIndia #RERARegistration #PropertyInvestment #RealEstateIndia

Builders in India cannot charge for super built-up area because of the Real Estate (Regulation and Development) Act, 2016 (RERA). The reason behind this is to protect homebuyers and ensure transparency in property transactions. Here’s a quick explanation: ➡Carpet Area: This is the actual usable space within the walls of your apartment. It’s what you actually get to live in and utilize. ➡Super Built-up Area: This includes the carpet area PLUS a share of common areas like lobbies, elevators, and staircases. This is not the actual usable space you get. Before RERA, builders often used the larger super built-up area to calculate property prices, misleading buyers into paying for unusable space. RERA now mandates that: ➡Pricing Based on Carpet Area: Builders can only charge based on the carpet area, which is the actual space you get to use. ➡Transparency: Builders must disclose the carpet area and the ratio of carpet area to super built-up area to buyers. This regulation ensures that buyers pay a fair price for the actual usable space they are getting, promoting transparency and fairness in the real estate market. . . #brickfolio #properties #realestate #informative #information #maharera #market #mahareraprojects #area #builtup #builtuparea #apartment #viral #trend #trendspotter

Builder Fraud Se Bachna: RERA-Check Miss Na Kare! Ghar lene jaa rahe ho? Project ya builder sahi chunna sabse important hai — aur uske liye sabse pehle check karo: Real Estate (Regulation and Development) Act, 2016 (RERA). ✅ Har project ka RERA number, completion date, aur builder ka past-record kahin public hai — verify karo! ✅ Seller/prospectus me sirf “amenities” mat dekhna — builder ka background & registration bhi check karna zaroori hai. Mumbai-Thane-Virar area ke home-buyers ke liye ek MUST-KNOW tip. Share karo apne friends ke saath! 🔔 Follow karo @AnkurXplore for more – Flats, builder reviews, housing policies, fraud se bachne ke tips! #rera #homebuyertips #mumbairealestate #thane #virar #ankurxplore #buildercheck #propertybuyingtips [ RERA Mumbai, Builder verification, real estate,rera,mumbai real estate, Property buying tips, Real estate Maharashtra, Home buyer guide, Builder delay protection, Mumbai flats buying, Thane property tips, Virar real estate, Real estate influencer India, ankurxplore, ankur, indian real estate, real estate india, delhi, mumbai, bangalore, maharashtra, mhada, mhada lottery ]

RERA stands for Real Estate Regulatory Authority came into existence as per the Real Estate (Regulation and Development) Act, 2016 which aims to protect the home purchasers and also boosts the real estate investments Every State has its own RERA rules and has its own website. So to check the default list you have to visit your own state RERA website. Be it Real Estate Promoter or Agent each and everyone has to be registered with RERA before offering its Real Estate to genral Public . . . . . . . #realestate #investment #property #personalfinance #financialtips #finance

👉Section 18 of RERA is a pivotal provision that offers substantial protection to homebuyers. Section 18 of RERA Act or Real Estate (Regulation and Development) Act, 2016 talks about the promoter being unable to dispense on his end of the agreement. The section 18 mandates that if the promoter fails to complete or is unable to give possession of an apartment, plot or building in accordance with the terms of the agreement for sale or due to discontinuance of his business as a developer on account of suspension or revocation of the registration under this Act or for any other reason, he shall be liable on demand to the allottees. If the allottee wishes to withdraw from the project, the promoter, without prejudice to any other remedy available, has to return the amount received by him in respect of that apartment, plot, building, as the case may be, with interest at such rate as may be prescribed in this behalf including compensation in the manner as provided under. #finance #realestate #property #realestateinvesting #realestateinvestor

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Booking pe sapne, possession pe dhoka! 2016 se pehle real estate ek jungle thaa. Builder kuch bhi bolte the, kuch bhi dete the. Kabhi possession 10 saal baad, kabhi amenities hawa mein hoti thi! Phir aaya RERA Act—aur finally loot band ho gayi. ✅ Har builder ko ab: ● Sab documents RERA ki website par upload karne padte hain ● Tiles se lekar timeline tak sab likh kar dena padta hai ● Aur galti par fine bhi bharna padta hai Aaj bhi agar aap bina RERA check kiye invest kar rahe ho, toh yeh investment aapko MEHENGA PADEGA! For updates on Muslim properties in Gujarat, follow @themuslimproperty_official and save this reel! #RealEstateIndia #RERAAwareness #MuslimProperty #VadodaraRealEstate #Ahmedabad SuratProperties PropertyTips RealEstateGujarat