Positive Impact of RERA on the Real Estate Market

RERA stands for Real Estate Regularity Authority.

As till now real estate is the most unmanaged market in India & There is no administrative body under which the real estate can work legally. So government has taken the decision to form & implement RERA in the current year due to the significant increase in complaints against the builders & channel partners referring to their false promises of delivery time & quality of the projects & also focuses on to safe guard the interest of the public who are looking to live their whole life there.

With RERA coming around there are going to be more positive effects takes place like most builders are not launching new projects in the market, they are more into completing their running projects so that they will not come under RERA.

 

 

 

 

 

 

 

 

 

 

 

 

So RERA will have the following positive impacts on real estate market are:

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Gurgaon is an incredible city and a popular part of the National Capital Region that goes through constant development every single day. This city has a lot to offer its inhabitants and does not settle for less. The real estate market in Gurgaon has risen over the years with a number of residential and commercial projects throughout the city and has a lot to offer today.

Luxury apartments with high-end features for a life of total luxury and of external amenities that is high on luxury and simply spectacular. They include a clubhouse, meditation center, gymnasium, multiple sports facilities and a play-area for your kids, day care center, multipurpose hall, cafe, golf course, hour water supply, gorgeous landscape garden, open space, hour water supply, efficient power back-up, swift elevators, well-trained security and the list just goes on.

What is The Advantages of Central Park Cerise Suites?

Designer landscapes with the flora fountain, Al Capone-Multi Cuisine Restaurant, Juice Bar, Children’s Amusement Area, The Fish Pond, Foot Spa and an irresistible location – if these don’t open doors to the standard of living of a lifetime, we don’t know what will. Comprising spacious 2 BHK + Study option in Central Park Cerise Suites Floors at Central Park Flower Valley Sector 32 and 33 Sohna promises to offer you to a world of pure indulgence and luxury. This residential township with appealing accents everywhere sprawls across 180 acres and is tactically placed on Sohna Road. Here go few convincing reasons why this residential development is ideal to bring your dream lifestyle to reality:
Sohna (South of Gurgaon) is one of NCR’s most loved suburbs, but how well do you know this beautiful residential region?

The Birth of South of Gurgaon

Long before Gurgaon became the real estate powerhouse that it is today, Sohna was a sleepy suburb only known for Damdama Lake, Aravalli Hills, Old Shiva Temple and Hot water springs. Fast forward hundreds of years and Sohna becomes part of Delhi NCR region during the rapid expansion of the Gurgaon city. Read these facts carefully if you are looking to invest in a residential property in Sohna.

Sohna are full of entertainment, magnetizing weekend frolickers from nearby regions to its world class malls and retail stores. Whether you want to watch a movie or an afternoon spent discussion with buddies at a cafe, this region has excellent connectivity from hot places of Sohna & Gurgaon.

with the stunning Aravalli Hills in the backdrop; Sohna also has ample tree cover and countless tourist attractions, and number of hiking and picnic spots. Because of all this green surrounding, the region enjoys clean air all every time of the day. This is one of the main reasons why residential properties in Sohna are in high-demand.

Excellent Value Appreciation

if you want to buy a dream home in Sohna, zero-in on Central Park Flower Valley Cerise Suites Floors, located on Sohna Road. This project of independent floors is spread across wide acres that take advantage of the suburb’s best advantages. Designed to follow the independent life, the development features best amenities and facilities like 10 world class academies, fitness farm, and social networking hub and wellness sanctuary.

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