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RERA is the latest reform initiative in real estate sector. It will play a huge role to help the buyers by exposing fraudulent builders and projects. While dealing with the builders, ask for the RERA compliance and the other documents to know if it is registered. There is now more transparency and accountability on builder’s part and there are guidelines and standards covering all aspects of the property. Under RERA, all the upcoming residential projects in Malad has to be registered thereby making it easy for you to buy any new properties in Malad without fear of cheating or fraud. Therefore, be advised to buy properties which are RERA registered only.

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