The Real Estate Act 2016 come into force from May 2017. MahaRera is operational in Maharashtra and according to law all the real estate projects come into under guildelines of MahaRera and it has to be approved by RERA act. MahaRera does provide security for the home buyers by guidelines for Project developers. If the developer doesn’t follow the rules so the developer has to pay heavy penalties and other charges.

According to Rera all the new Launch project has given timeline for completion of the project. But in some exceptional cases developer can extend the duration of delivery date of the project. Before taking any decision to buy property verify about the developer past records.

New Launch or Under Construction projects are always a good option for Investment. Investors can expect profit according to location and development of area and over the goodwill of project and developer. 

There are different kinds pf payment method in the Real Estate sector. In new launch project builder provide CLP Payment, Holiday Payment Plan, Bank Subvention & Builder Subvention payment option. These payment options varies from Project to Projects.

Real Estate property price is considered on the location and about the area of the project. All the property buyers first they look for the location of the project and connectivity convenience.