Humming Group

Why RERA is the Real Deal for Real Estate

Why RERA is the Real Deal for Real Estate: The Humming Perspective

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by

admin@humming
in

Here’s why every homebuyer should hum a happy tune about RERA!”

Real estate is a world filled with blueprints, contracts, and, sometimes, a fair bit of uncertainty. Enter RERA – the Real Estate (Regulation and Development) Act, a game-changer that’s making waves in the property market. If you’re wondering what makes RERA so crucial, we will help you dive into why it’s a big deal for homebuyers and developers alike.

  1. RERA: The Silent Guardian of Homebuyers
    Imagine you’re buying a home, and you’ve got more paperwork than you can handle, hidden charges popping up, and deadlines. Sounds stressful, right? Well, RERA is here to take the stress out of your property dreams. Introduced in 2016, this regulation was crafted with one goal in mind: to protect the interests of homebuyers and ensure transparency in the real estate sector.
  2. Why Should You Care?
    Here’s the lowdown: With RERA, you, as a buyer, get the power to access all information about your potential property. The regulation requires developers to keep you in the loop with regular updates on project progress. Plus, if a developer fails to deliver on time, they’re liable to pay interest to the buyer. That’s right – it’s their turn to feel the pressure!
  3. A Win-Win for Developers Too
    They’re benefiting from RERA too. By bringing more credibility and trust to the sector, RERA helps serious developers like us at Humming differentiate ourselves from the fly-by-night operators. The act creates a level playing field, and that’s something everyone in the industry can celebrate!

How RERA is Humming Alongside Us

At Humming, we believe in keeping things straightforward and transparent – much like a great melody that resonates with everyone. With RERA, we’re not just complying with a regulation; we’re embracing it. It aligns with our values of integrity and customer-first approach. We know that trust is the foundation of any home, and that’s why we fully support RERA’s efforts to bring transparency and fairness to the real estate market.

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Disclaimer

Nothing contained herein intends to constitute a legal offering on the company’s part. The size, designs and photographs are subject to change. Information herein may contain technical inaccuracies or typographical errors. All image (other than actual images) is merely artistic conceptualization and should not be relied upon as definitive reference. No claims shall be entertained by the developer depending on this material. Any interested party should verify all the information including design, plans, facilities, features, payment schedules, terms of sales etc. independently with the company prior to concluding any decision for buying any of the unit. The user of the brochure confirms that he/she has not solely relied on this information for making any booking/ purchase in any of theunit. Nothing on the brochure should be misconstrued as advertising, marketing, booking, selling or an offer for sale or invitation to purchase a unit in any project by the company. For this project all the necessary approvals have been taken from concerned authorities. The architects and builders reserve all the rights to make amendments in terms of size, plan and design without giving prior notice. Humming “SANJEEVA” Phase-I is registered with the RERA vide Project Registration Number PCGRERA070522001417 and is being developed, constructed and marketed by M/s Shankhanil Realtors Pvt. Ltd. (CIN:U45400WB2008PTC122006)
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