RERA is the Real Estate Regulatory Authority. It was established as an Act in 2016 by the Parliament of India. The primary objective of the RERA Act is to safeguard the buyers of plots from any kind of fraudulent activities and to contribute to the growth of the Real Estate Investments. The RERA Act provides transparency, accountability, and protection to the buyers of plots, apartment
s, and flats. Not only in Gurgaon, the RERA Act applies all over India. However, a specific set of rules has been made for each state.
The RERA Act plays a vital role in building the trust and confidence of the buyers in the builders involved in the construction of the project. After registering a project under the RERA Act, the level of trust and confidence in that project increases due to the established reputation of this act over the years.
RERA Projects in Gurgaon There are large numbers of RERA approved plots located all across India majorly in Gurgaon. The Developers firstly look into the RERA registration process as it provides various benefits to the developers as well as to the buyers. There are almost 600RERA approved projects in Gurgaon, which are namely the Godrej Zenith which will be launched soon, Smart world the Edition which is a under construction project and will be completed in 2031, Puri Diplomatic Residents which is a under construction project and will be completed in 2028, DLF Privana is one of the newly launched project which will be completed in 2026, Élan the Presidential it is one of the under construction project and would be completed this year, M3M Capital is one of the under construction project and will be completed in 2026.These are only few mentioned projects there are many more projects located which provides the various facilities as well as the benefits of RERA act.
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