Rera Consultants Bangalore Proves As An Effective Advisory Body
As all we are acquaint with this talk that real estate is one of the important sectors for country’s growth but now its current status is really bad because of absence of strict action on the complaints which are filed by the buyers against the builders, promoters, and agents and also because of unavailability of effective advisory bodies who aware the buyers with their rights or with acts; so let us light on or discuss something about it.
The real estate agency of India launch the real estate regulatory and Authority (RERA) Act in March 2016 which comes into existence because of the increasing number of complaints against the builders or promoters and real estate agents who are the nerve of real estate industry who play the role of mediators in facilitating the transactions between builder and buyer; and these real estate agents will be given a registration number by the authority which will be valid for 5years and also quoted in each or every transaction.
And the complaints are mainly regarding with the late possession of house to the buyer, bad or irresponsible behaviour of promoters after signing the agreement and many such issues; so from here need of RERA Consultants felt by the buyers which is an advisory body whose purpose is to guide the people or buyer with the talks or matter related to real estate in an organized manner. Therefore, if you are looking for consultants than Rera Consultants Bangalore is one of the best choices to go with because of the presence of consultants, who are highly skilled, experienced or trained in performing their work or duty.
Now, with the coming of Real Estate Regulatory Authority in India the real estate sector grown significantly which is earlier unregulated because of the absence of professionalism and standardization in this sector but now with increasing of its importance now people choose it as their career where they are provided RERA Architect Certificate after which they are recognized competent in performing their duty or fulfilling their tasks in an effective way or manner.
And with real estate regulation and development act now without registration of a project, no promoter can sell out his property to someone which results decrease the chances of frauds and safeguards buyers. And the process of how the preceding will go for sale out the project are prescribed under the Act which is set by respective states.
Therefore from the above discussion, we can conclude that for economic growth or risen up its status now real estate sector consider as important and for which various acts are passed by different regulatory authorities, so the complaints or proceeding related to real estate can solve or proceed within the time.