LEGAL INSIGHTS • REAL ESTATE & PROPERTY LAW

Navigating Real Estate Rights & Remedies

Property transactions involve significant financial commitments, contractual obligations and regulatory requirements. Understanding the RERA framework can help buyers, developers and other stakeholders better understand their rights, responsibilities and available remedies.

What is RERA?

The Real Estate (Regulation and Development) Act, 2016 established a regulatory framework for the real estate sector, including mechanisms intended to promote transparency and protect the interests of consumers.
It also provides for Real Estate Regulatory Authorities and an appellate mechanism.

Why is RERA Important?

Real estate transactions can involve significant financial commitments and complex contractual obligations.
The RERA framework regulates various aspects of registered real estate projects and provides statutory mechanisms through which eligible disputes and grievances may be addressed.

Key Areas

Common Matters That May Involve RERA

Project & Possession Issues

Matters concerning project obligations, construction, delays and possession.

Agreements & Obligations

Issues relating to agreements, disclosures and obligations of builders and buyers.

Property Disputes

Disputes concerning payments, refunds or other matters arising under the applicable RERA framework.

UNDERSTANDING YOUR LEGAL OPTIONS

Why Legal Review Matters

The appropriate remedy depends on the nature of the property dispute, the agreements involved, the obligations of the parties, and the applicable provisions of law.

Reviewing property documents and available remedies before initiating proceedings can help parties approach the matter through the appropriate legal process.

Careful legal review can help identify the appropriate remedy before proceeding with a real estate dispute.

NEED ASSISTANCE WITH A PROPERTY MATTER?

Discuss Your Property Matter With Our Team

VRIDDHI Legal & Co. provides legal assistance in property, real estate and RERA-related matters, including documentation, disputes and proceedings before appropriate forums.