TyTil Realty Services LLP

Real Estate Regulatory Authority The real estate market in India has long been many issues such as delays in possession, poor construction quality, and lack of transparency. For many years, homebuyers faced the daunting challenge of navigating these complexities with limited legal protection. This is where the Real Estate (Regulation and Development) Act, commonly known as RERA , steps in to bring much-needed reform. In this blog, we’ll dive deep into what RERA is , its significance, what consumers and developers need to check under RERA, its state-wise variations, and its broader impact on the real estate industry. 1. What is RERA? RERA is a landmark piece of legislation that came into effect in May 2017, aimed at regulating the real estate sector in India. The Act was introduced to protect the interests of consumers and promote transparency and accountability within the industry. Its primary purpose is to bring greater accountability to real estate developers and agents while o...

Buying a home is one of the most significant financial and emotional decisions an individual or family can make. Among the various options available in the real estate market, under-construction properties often attract homebuyers due to their comparatively lower prices, flexible payment schedules, and promises of modern amenities. However, what appears to be a lucrative investment on paper can quickly turn into a source of stress and regret when crucial details are overlooked. In this blog post, we’ll cover the most common mistakes homebuyers make while booking under-construction properties in India , with actionable insights to help you avoid them. This guide will ensure you're not only informed but also protected from unforeseen risks. Failing to Verify the Credibility of the Builder One of the gravest errors homebuyers commit is booking a property from a builder without performing a background check. Why This is Risky: Many real estate developers operate with little acc...