If you are looking for real estate properties in Delhi then visit Delhi-RERA website to understand the project details. According to the rules and regulations that are mentioned in RERA it is imperative for all the registered projects to submit project details on the RERA portal.
If you are looking for a real estate project in the RERA portal then you require to follow some steps before you can use the RERA portal to find project details. The RERA or Real Estate (Regulation and Development) Act has been established to safeguard the interests of home buyers. The Delhi RERA website has as many as 13 projects. There are as many as 25 promoters who have registered with the state regulator as of the date. The authority is known to have granted RERA certificates to more than 60 agents including individuals as well as the company. The RERA portal allows the home buyers to find details of agents and promoters who are registered with it.
Delhi is an important city and it is home to a number of MNCs. Many people reside in this part of the world. It is a densely populated city and this is one of the prime reason as to why the number of real estates projects has shrunk over a period of time. The real estate market in Delhi is moving at a slow pace in recent times. There is a demand for affordable real estate in Delhi NCR but because of a number of other factors, the real estate developers are not managing to fulfill the needs of the customers.
Factors that Prevent the Growth of Real Estate in Delhi, NCR
Some of the important factors that are preventing the growth of real estate in Delhi in recent times are as follows:-
➢ Majority of the real estate properties are very costly and they are not affordable by middle or low-income group entities.
➢ A Few state government as well as central government policies like demonetization, GST.
➢ Single Window Clearance system.
If you are contemplating to invest in real estate in Delhi, NCR then visits relevant websites, online and check the availability of properties that match your budget and preferences.