RERA and Its Importance


5th September 2021

 

Real estate sector in India is currently experiencing one of its significant phases due to the rising levels of lifestyle-based projects and increase in demand of end user products.  End-users’ loss of confidence and transparency seems to be ending since the inception of RERA. The act has given a much-needed boost to the real estate sector. The state of Uttar Pradesh is one of the fastest developing states in India. Real Estate in cities like Lucknow, Ghaziabad, Noida and Greater Noida are witnessing a great surge in demand for inventories. Noticeably, the RERA in the state of UP was notified in October 2016. Ever since, the market in the major cities of UP has seen a rise in the real estate. RERA has bridge the gap between a buyer and the developer by providing the necessary rules and regulation in place. The main objective of RERA is to ensure & encourage greater transparency, citizen centricity, accountability and financial discipline in the real estate sector. The best benefit of successful implementation of RERA would be the availability of detailed project information – both physical and financial.

 

The developers who were doing fair practice are benefited a lot from RERA as it has removed the offenders from the market. SG Estates is one of the best developers in Ghaziabad having a range of projects in areas like Vasundhara, Govindpuram, RN Extension and Siddharth Vihar. Their recent project Shikhar Height is one of the most luxury projects in Siddharth Vihar and is RERA compliant with reg no. UPRERAPRJ1244. The project offers 2 and 3 bhk premium residences with best in class amenities and all modern-day facilities. Those of you who are looking for a transparent experience of buying a home can consider Shikhar Height as one of the best options.

For more details visit us at https://www.sgshikhar.in

About SG Estates Pvt Ltd.: -

At SG Estates Pvt Ltd., we offer a wide range of homes with the best amenities across top residential locations in Ghaziabad. Our access to the best resources, transparency and timely deliveries of the projects on commitments ensures that you get the most satisfying home buying experience. If you’re looking for the perfect home for your family, you can visit www.sgestates.in & find options best suitable to book your dream home. Our recent deliveries include SG Oasis in Vasundhara, SG Benefit in Govindpuram, SG Grand, Phase 1 in Rajnagar Extension. The SG Shikhar Height, SG Grand Phase 2 are ongoing projects located in the prime regions of Ghaziabad at Siddharth Vihar & Rajnagar Extension, which provide luxurious & convenient amenities for living a perfect lifestyle!