Why Should You buy Property from Reputed builders in Bangalore
The perception about the property in Bangalore, Karnataka has been way different than that of other Indian states. With loads of owned land, Bangalore needed to come out of the rural way of living and head towards the modern, more convenient way of living. The mind-set of the people in India has overhauled entirely after the big players enter the real estate sector. The properties and lands are now and have been turned into tempting societies equipped with top-class facilities.
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Introduction to RERA
In 2016, the government enacted The Real Estate (Regulation and Development) Act, commonly known as RERA, that came to be implemented in May 2017 all over India. Its purpose is to encourage and develop the real estate sector while also protecting the interests of home buyers, bringing every activity of the buyer and the seller under one regulatory central and standardised legislation. RERA was established to do away with project delays, malpractice, irregularities in norms and increase transparency and accountability from builders and homebuyers both.
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Occupancy Certificate
An Occupancy Certificate is an essential document certifying the construction of the building and that it complies with the local laws, and according to permissible plans. The local municipal authority issues the Occupancy Certificate upon the completion of the construction of the building and is ready to be occupied.
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What is Carpet Area, Built-Up Area & Super Built-Up Area?
While buying a property, you will find that the developers quote on the basis of the area.
Generally, Carpet Area, Built-up Area, and Super Built-up Area are considered to set up the final prices. And every type of area has its own distinct price distribution per sq ft.
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