Who is the builder? How reliable is he? Are we being given all the info or is the builder hiding something? Is the building on forest land? Is the title clear? Are the property papers in order?
Will the builder deliver on time? Are there any hidden costs? Will the EMI increase if the project is delayed? Does the builder have all the necessary government and municipal clearances?
…ARE NO LONGER QUESTIONS ANYMORE WHILE BUYING A PROPERTY.
Life just got simplified for home buyers, thanks to RERA & GST and we at Channel Connect will ease the experience further for our customers by sharing our understanding of their impact and benefits to the property purchasing process.
The Real Estate Regulation Act, better known as RERA is certification enough for any home seeker to invest his or her hard earned money in a property as it indicates the builder’s compliance to strict quality guidelines and delivery time-line guarantees. All aspects related to the project are now clearly defined and mentioned on the developer’s website.
In addition, the Goods and Services Tax (GST) will provide a transparent mechanism of clearly knowing the cost of a property, eliminating once and for all, the earlier confusion of multiple taxes and hidden costs. This will provide customers with a clearly defined platform from which to negotiate further, if there is any scope, that is.
Together, RERA and GST have lent clarity and confidence to the market, triggering an upswing in the growth of the realty sector in Thane, Mumbai and Navi Mumbai. Buyers and investors will now be able to zero-in on exclusively MahaRERA certified projects. They can do a cost-benefit analysis of the various options listed and select their dream home from among them, knowing fully well that all are safe investment destinations.
With ambiguity gone, now is the right time to buy property as realty prices have more or less reached a point where they will either stay put for some time or increase with time; not reduce further.
At Channel Connect, we are here to help you gain through our wide range of MahaRERA certified low budget affordable housing projects in Navi Mumbai.
For more insights on the same, Connect with us, Today.
