UNDERSTANDING MAHARERA: PROTECTING YOUR PROPERTY ASSETS
PUBLISHED BY
LEGAL TEAM
DATE
OCT 20, 2024
MahaRERA is one of the most proactive real estate regulatory authorities in India. For an investor, understanding how to read a RERA certificate is as important as the property's floor plan.
Always check the 'Project Details' section for the proposed date of completion. Builders are now legally bound to this date, and delays can lead to significant compensation for the buyer.
The 'Quarterly Progress Reports' (QPR) are a goldmine of information. They tell you exactly how many units are sold and how much of the construction cost has actually been spent on-site.
Propex Solutions provides complete assistance in reviewing these documents, ensuring that you never step into a project with legal 'red flags' or financial instability.
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