Brigade Valencia is RERA-approved, and the number is PR/120123/005613. The enclave must follow the rules that the authorities have set out. The project will provide the highest calibre of homes. They will follow all legal requirements.
The Real Estate (Regulation and Development) Act of 2016 is the name of the parliamentary act. The arrangement is designed to protect buyers' rights and make the industry more transparent. All states in the union have formed RERA authorities, which have to give their approval for every project.
Brigade Valencia's RERA clearance demonstrates the builder's attention to detail. Brigade Group is among the most respected constructors in the country. It continuously confirms the approval of each project it works on. The builder ensures that all of its structures conform to the law. They are above the board and have all the necessary papers in order. Everything about the project will be transparent and truthful.
Since its first implementation, the RERA Act has had some positive effects. Among the significant ones are:
- Preserves the rights of both homebuyers and real estate developers
- Enhanced accountability and openness in India's real estate industry.
- Prevented purchasers from providing false information and decreased project completion delays.
- Protects homebuyers' interests by fining non-compliant developers for postponing projects or breaking the Act.
- Under the RERA Act, the developer is only permitted to obtain an advance from homebuyers of up to 10%.
- The Act allows the buyer to request compensation from the developer in the event of a mismatch in the title deed.
- For the first five years following project delivery, the developer must offer free services to homeowners regarding building problems.
Brigade Valencia's developer, Brigade Group, has committed to abiding by all RERA standards and regulations in their landmark project. End users and investors can confidently depend on the quality of the building materials, fixtures and construction methods.
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