SmartHomes Infrastructure Pvt. Ltd. Joins CREDAI Ahmedabad GIHED, Marking Another Milestone in Its Journey of Excellence

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RERA Compliance

The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to enhance transparency and accountability in the real estate sector. However, it is important to understand where and how this law applies, as its applicability varies depending on the type of real estate transaction. RERA primarily regulates residential and commercial real estate projects, but it does not apply to the sale of land or plots without construction obligations. In areas like Dholera SIR, transactions involving final plots (designated land parcels) do not fall under RERA's scope. Similarly, agricultural land, industrial land, and other specific land transactions may not come under its jurisdiction.

Understanding these distinctions helps buyers and investors make informed decisions based on the nature of their real estate dealings.

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