RERA RULES AND TIPS
🏡 10 Must-Know RERA Rules Before Buying Property! 🚨
1️⃣ Builder Registration ✅ – Ensure the builder is RERA-registered to avoid fraud.
2️⃣ Project Timeline ⏳ – Get a clear possession date; claim compensation for delays.
3️⃣ Encumbrance Certificate 📜 – Check for legal claims or pending dues.
4️⃣ Completion & Occupancy Certificates 🏠 – Confirm legal habitability before moving in.
5️⃣ Payment Schedule 💰 – Pay as per construction progress; not over 10% before agreement.
6️⃣ Carpet Area vs. Super Built-Up 🏠 – Pay only for the actual livable space.
7️⃣ Escrow Account 💰 – Your money should go into an escrow to prevent misuse.
8️⃣ Title Documents 📑 – Verify legal ownership & ensure no disputes.
9️⃣ Structural Defects Warranty 🛠️ – Builders must fix defects for 5 years.
🔟 Right to Demand Possession 🏠 – If delayed, claim possession or a full refund!
🔹 Protect your investment! Follow for expert real estate tips! 💡
Видео RERA RULES AND TIPS канала Adv.Poorva Bhakkar
1️⃣ Builder Registration ✅ – Ensure the builder is RERA-registered to avoid fraud.
2️⃣ Project Timeline ⏳ – Get a clear possession date; claim compensation for delays.
3️⃣ Encumbrance Certificate 📜 – Check for legal claims or pending dues.
4️⃣ Completion & Occupancy Certificates 🏠 – Confirm legal habitability before moving in.
5️⃣ Payment Schedule 💰 – Pay as per construction progress; not over 10% before agreement.
6️⃣ Carpet Area vs. Super Built-Up 🏠 – Pay only for the actual livable space.
7️⃣ Escrow Account 💰 – Your money should go into an escrow to prevent misuse.
8️⃣ Title Documents 📑 – Verify legal ownership & ensure no disputes.
9️⃣ Structural Defects Warranty 🛠️ – Builders must fix defects for 5 years.
🔟 Right to Demand Possession 🏠 – If delayed, claim possession or a full refund!
🔹 Protect your investment! Follow for expert real estate tips! 💡
Видео RERA RULES AND TIPS канала Adv.Poorva Bhakkar
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2 марта 2025 г. 16:50:03
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