RERA Compliance
Advisory: Expert guidance to navigate and ensure compliance with the RERA, fostering confidence among homebuyers and developers.
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However, this progress comes with added compliance responsibilities for developers, leading to industry challenges in implementing the Act. Despite being a central legislation, each Indian state has its own set of rules for RER Act implementation.
GSLO provides guidance to all stakeholders in real estate projects, including promoters, investors, retail lenders, and homebuyers. Our presence in multiple locations positions us advantageously to comprehend the diverse rules and regulations applicable to specific states.
We guide developers, investors, lenders, and homebuyers, ensuring adherence to statutory requirements.
Undertake Real Estate Due Diligence with confidence. Our comprehensive approach examines legal, financial, and regulatory aspects, providing a clear picture of potential risks and opportunities.
Benefit from our multiple office locations, offering a unique advantage in understanding state-specific rules and regulations.
Whether you are a promoter, investor, lender, or homebuyer, GSLO provides informed guidance at every stage of a real estate project.
As always, we’re here to help you get a head start. Below, you’ll find a list of 10 must-have FAQs to get you started on building your perfect self-service portal for your law firm
RERA stands for Real Estate Regulatory Authority. It is a regulatory body established by the government to regulate and promote the real estate sector in India. RERA aims to protect the interests of homebuyers and promote transparency, accountability, and efficiency in the real estate market.
The primary purpose of RERA is to regulate the real estate sector and ensure transparency, fairness, and efficiency in transactions between buyers and developers. It seeks to address issues such as delays in project delivery, unfair practices, and fraudulent activities in the real estate market.
Real estate due diligence is the process of thoroughly investigating and evaluating a property or real estate transaction to assess its legal, financial, and commercial aspects. It involves verifying the property's ownership, title, zoning regulations, encumbrances, environmental issues, and other relevant factors to identify any risks or issues that may affect the transaction.