If you're planning to buy a flat or invest in real estate, one word you’ll come across often is “RERA approved” . But what does that actually mean? Let’s break it down. What is RERA? RERA stands for Real Estate Regulatory Authority . It was introduced to protect buyers from fraud, delay in possession, and confusing terms in real estate. Every state has its own RERA body. For Maharashtra, it’s called MahaRERA , which means Maharashtra Real Estate Regulatory Authority . Why is MahaRERA Important? Let’s say you found a good deal on a 2 BHK flat in Navi Mumbai . It looks great, but how do you know it’s safe to invest in? If it’s not RERA approved , you might face: Delayed handover Changes in layout Legal issues later But if it’s MahaRERA approved project , the builder has to: Deliver the project on time Stick to what’s promised Provide proper legal documents Follow clear payment terms In short, it’s a layer of trust and safety for your hard-...
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