The Real Estate Regulation and Development Act was implemented in 2016. If you are looking forward to investing in RERA registered commercial space that offers office space then you must be looking for a long-time investment, right? Be it a long-time or short-term investment you must know that it should always be a RERA registered investment. The government of India implemented this Act to protect the investors from being exploited while investing and to ensure their trust of them to let this sector grow more. This was to bring transparency and balance over investments.
Today, be it government office space or corporate nobody wants to set their offices in private properties where no one can see. It’s always in the public area or commercial area. It makes it easier for both employees and employers. If you are looking forward to knowing more about RERA registered projects for your office space then you have made the right choice. Also read – RERA Registered Commercial Space Projects in Sector 18 Noida
While you must be still confused about why exactly we need to invest in RERA registered projects keep reading to know.
Three benefits of investing in Rera registered office space
No project delays
If you are looking forward to opening office space soon this will be the most secure option. Rera registered projects are not allowed to delay beyond fixed dates. There is the assurance of no delays in projects. Also read – What Is RERA Registered Project And It’s Benefits
The interest of both the parties are protected
If either of the sides delays in further process of the project investment the interest percent rises for both the parties alike It protects the interest of buyers and sellers alike. Also read – Benefits of Open Office Spaces
Transparency between both the parties
RERA ensures transparency and obedience in the buying and selling process between the parties. If the project is RERA registered the sellers are responsible to share every detail of the project with you. Also read – Best Ready to Move Commercial Office Space in Delhi NCR