The Real Estate (Regulation and Development) Act, 2016 (RERA) covers both residential and commercial real estate. According to RERA only RERA Certified Projects can be advertised for sale. As regards the ambit of the Act, there is no distinction between an ongoing project and a future project, i.e. both ongoing / incomplete projects and future projects are covered under the Act. Each project on which RERA is applicable, needs to be compulsorily registered with the Regulatory Authority as provided in section 3(1) of The Real Estate (Regulation and Development) Act, 2016 (RERA). Thus A One Group and its buyers have the advantage as we have RERA Certified Projects in Pune.
The RERA Certified Projects in Pune are intended to achieve the following objectives:
- ensure accountability towards allottees and protect their interest;
- infuse transparency, ensure fair-play and reduce frauds & delays;
- introduce professionalism and pan India standardization;
- establish symmetry of information between the promoter and allottee;
- imposing certain responsibilities on both promoter and allottees;
- establish regulatory oversight mechanism to enforce contracts;
- establish fast- track dispute resolution mechanism;
- promote good governance in the sector which in turn would create investor confidence.
The advantage with A One Group is that we have RERA Certified Projects in Pune. All the ongoing and upcoming projects of A One group are registered under RERA.
- Nakshatra – A complete residential project in Narhe, offering 1BHK, 1.5BHK, 2BHK and 3BHK homes. (RERA Certified Projects in Pune)
- Sharvil – Also a residential project located at Katraj Kondhwa Road, offering best in class 2BHK homes. (RERA Certified Projects in Pune)
- Shivai 2 – A residential cum commercial project, located at Parvati Paitha, offering 1BHk, 3BHK homes and office space. (RERA Certified Projects in Pune)
- Vishwashanti – A residential project, located in Dighi comprising 1BHk and 2 BHk homes. (RERA Certified Projects in Pune)
Apart from RERA Certified Projects in Pune, the projects at A One Group Complies with Town Planning Rules and have Collector Sanction, which gives you a peace of mind and a hassle free buying experience.