Provident Botanico RERA full form is the Real Estate (Regulation and Development) Act, 2016. RERA was formulated to regulate India's hitherto unorganized and unregulated real estate sector. Without an efficient regulator, the incidents of tussle and disputes between homebuyers and developers increased.
The RERA Act of 2016 was implemented to address the concerns and grievances of real estate developers, homebuyers, realty agents, and other real estate sector stakeholders. After the implementation of the RERA Act, Rera-approved projects are preferred by homebuyers.
The RERA Act has brought some benefits from the day it was implemented. Some important ones are:
Type | Apartments |
---|---|
Project Stage | Upcoming |
Location | Whitefield, Bangalore |
Builder | Provident Housing |
Floor Plans | 1,2 & 3 BHK |
Price | Onrequest |
Total Land Area | Onrequest |
Total Units | Onrequest |
Size Range | Onrequest |
Approvals | NA |
RERA No | Onrequest |
Launch Date | Onrequest |
Possession Date | Onrequest |
More than 500 sq m real estate projects must be registered with RERA authorities. In addition, every such builder has to inform the homebuyer of the progress of construction, abide by the timelines, and follow the rules stated in the RERA Act.Benefits of the RERA Act, 2016
Provident Botanico RERA is still waiting for its approval. The project is in a pre-launch phase now, with many offers for early buyers. The builder will strictly follow the rules and regulations put forward by the authorities.
Enacted by the Government of India in 2016, the RERA Act is designed to regulate the real estate industry by protecting the rights of home buyers and setting guidelines for developers, agents, and buyers to ensure fair transactional practices.
Provident Housing, the developer of Provident Botanico, will strictly follow the rules and regulations put forward by RERA in their iconic project. Investors and end users can confidently rely upon the credibility of the building materials and construction techniques.
Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.
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