Buying property? Go for RERA-registered projects
As 20 projects across the state are registered with the RERA, technically speaking, only 20 projects can sell properties. Ankur Sirothia | TNN | August 20, 2017, 10:05 IST Newsletter A A in Share 7 BHOPAL: Think twice before buying property, if a real estate project is not registered with the Real Estate Regulatory Authority ( RERA ). Chances are a deal with a developer can pretty well land you in trouble. The regulatory body formed in the state from May 1 with the stated objective for saving buyers from being taken for a ride had set July 31 as a deadline for the project registration. And any project not registered till that date with the authority will be deemed as illegal. As 20 projects across the state are registered with the RERA, technically speaking, only 20 projects can sell properties. As per the RERA, projects with completion certificate by April 30 or 20 projects in question registered with the RERA can lawfully sale property