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Don’t buy resale property in these 15 societies of gurgaon || construction default.
( In this video )
In this video, I discuss the issue of stuck projects and construction default properties in Gurgaon. I also cover properties that received funding from the SWAMIH Fund and subsequently got completed. Additionally, I talk about the actions taken by RERA against these builders. I will also try to provide tips on how you can take precautions to avoid such builders. This video is entirely educational and aimed at real estate buyers in the Gurgaon market. I hope this video reaches every family looking to buy property in Gurgaon.
Gurgaon real estate, stuck projects, construction defaults, SWAMIH Fund, RERA actions, property buying tips, educational video, real estate buyers, property precautions.
( What is RERA ? )
The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes a Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body for speedy dispute resolution. The bill was passed by the Rajya Sabha on 10 March 2016 and by the Lok Sabha on 15 March 2016. The Act came into force on 1 May 2016 with 61 of 92 sections notified.[1] The remaining provisions came into force on 1 May 2017.[2] The Central and state governments are liable to notify the Rules under the Act within a statutory period of six months.
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