Navigating RERA Regulations
Affordable properties are designed for low and middle-income families.
Affordable Housing Defined
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Strict resale restrictions are imposed on affordable properties to prevent fraud.
Power of Attorney transfers for affordable properties are illegal and fraudulent.
Power of Attorney Transfers
Each individual is limited to owning only one affordable property.
Ownership Limits
Common fraudulent practices include multiple sales and premature resales.
Common Fraudulent Practices
Adherence to regulations can enhance property value and ensure legal ownership.
Regulatory Compliance Benefits
Resale of under-construction affordable properties is not allowed.
Under-Construction Resale Ban