𝐃𝐞𝐥𝐡𝐢 𝐑𝐄𝐑𝐀’𝐬 𝐍𝐞𝐰 𝐆𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐟𝐨𝐫 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲
Delhi RERA is set to introduce new guidelines to enhance transparency in real estate transactions. Chairman Anand Kumar emphasized that builders must now market properties based on carpet area, not super built-up area, ensuring buyers know the actual size of their homes.
Additionally, Delhi RERA is considering extending exemptions from GRAP measures for registered projects if these measures last over three days. Strict action will be taken against unregistered projects, emphasizing compliance with regulatory norms.
The authority is committed to listening to industry grievances and proposing solutions to the central government to improve the sector.
These changes aim to foster trust, accountability, and better practices in real estate. Homebuyers can look forward to a more transparent and informed property investment process under the updated Delhi RERA framework.
Stay informed and make smarter real estate decisions!
#DelhiRERA #RealEstateTransparency #HomeBuying
Source: https://www.rprealtyplus.com/news-views/delhi-rera-to-issue-new-set-of-guidelines-118429.html