
RERA/ RERA Approval/ RERA in Tamilnadu/ RERA ap...

RERA/ RERA Approval/ RERA in Tamilnadu/ RERA approval in TamilNadu/ Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. RERA approval is mandatory for all real estate projects in India, including commercial and residential properties. The main aim of RERA approval is to protect the interests of Home buyers and regulate the real estate sector. As per the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017, RERA approval is mandatory for all real estate projects, including plots, apartments, and buildings. One must note that RERA approval is not required to sell or transfer individual plots. If the plot is sold individually and not as a part of a larger real estate project, then RERA approval is not necessary. RERA approval provides many benefits for both homebuyers and developers. Some of the significant benefits of RERA approval for plots in Tamil Nadu are: → Transparency → Accountability → Timely Delivery → Interest on Delayed Payment → Consumer Protection Any real estate project that involves the sale of land or plots, which is more than 500 square meters, must be registered with the Tamil Nadu RERA authority. However, if the plot is less than 500 square meters, RERA approval is optional. At Saanvika Legal Associate, other law cases like business law, financial law, insurance law, environment law, consumer law, property law, banking, tax, cyber, labor, constitutional, legal registration, litigations, criminal, family law, and so on are provided. All kinds of Law services are offered by experienced lawyers that result in the success of your cases in every way possible.
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