RERA is the new realty law that our Parliament passed last year. This Act seeks to protect homebuyers as well as developers and will also help to boost investments in the real estate industry. Under this Act, all commercial and residential real estate projects, where the land is over 500 square metres must register with the Real Estate Regulatory Authority (RERA) for launching/advertising a project. In case of failure to do so, penalty of up to 10% of the project cost must be paid. #AskTheSunExpert #RERA

RERA is the new realty law that our Parliament passed last year. This Act seeks to protect homebuyers as well as developers and will also help to boost investments in the real estate industry. Under this Act, all commercial and residential real estate projects, where the land is over 500 square metres must register with the Real Estate Regulatory Authority (RERA) for launching/advertising a project. In case of failure to do so, penalty of up to 10% of the project cost must be paid. #AskTheSunExpert #RERA

The answer most definitely is YES! Consulting a bank helps you determine the exact amount you can afford, when buying a home. This will also help you understand the related costs associated. #AskTheSunExpert #ConsultBank #RelatedCosts

Make sure that being a buyer, you have all the original chain of agreements including proof of payment of all dues and NOC from the society. #AskTheSunExpert #KnowYourRights #NOC #Agreements #Documents

The sector will surely witness a shift and be more transparent. Housing loans will be more affordable. So own your dream home, now! #AskTheSunExpert #Sunbuilders #Demonetization #RealEstate