Properties for Sale in Noida Greater Noida Expressway

by MCollection 18 M Collection | Residential Projects in Noida Expre

Buying a home is every person's dream; however, not everyone is able to afford a home, as the real estate prices are still very high as compared to the income level. To add to the misery, every developer/builder had his own norms and there were no standard norms. Every builder followed different practices and structured the builder-buyer in such a manner that is in favor of the builder.

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With an objective to protect consumer interest and to bring efficiency and transparency into the country's real estate sector, the Government of India implemented the RERA Act nationwide. The RERA Act aimed at addressing the grievances of property buyers who at times cheated by developers on delay in delivery of under-construction properties, execution of said project plans, legitimacy of properties, etc., and being touted as pro-consumer law.

In Delhi-NCR region is a prominent location for growi9ng the real estate sector and especially the Noida zone. The Noida comes under UP RERA act and for the buyers looking for property in Noida Expressway; the RERA act will help you in many ways like-

The RERA Act will improve governance; bring more transparency and accountability into the realty sector.
All real estate developers will have to register the project in the RERA Act.
Homebuyers will only have to pay for the carpet area.
Developers/promoters will have to transfer 70% of the money received from buyers for a particular project to an escrow account. These funds should be used only to cover the cost of construction and land cost.
Developers have to disclose project details.
RERA 2016 recommends imprisonment for a term that may extend up to three years, or fine that may extend up to 10% of the estimated cost of the real estate project, or both, in case of non-compliance with the Act.
Developers have to update project details quarterly on the RERA website.
Any structural defect, or any other obligations of the developer/promoter as per the agreement for sale, brought to notice of developer/promoter within five years from possession to be rectified free of cost

These rules and guidelines will definitely help the buyers will looking at property in Noida or any other place. Going with the recent trends in the Noida zone, luxury apartments in Noida Expressway are the most preferred by the buyers. In luxury projects, villas and penthouses are also in demand.

The villas in Noida from M Collection are the best in the real estate sector. These luxury villas are available at a fair price. Besides villa, penthouse in Noida by M Collection are having amazing specifications and amenities. M Collections for wide ranges of luxury properties and hotels in the Delhi-NCR region.

The sector 150 Noida projects by M Collection are the best in the area with amazing facilities and amenities all around the place.

Looking for luxury projects in Noida, M Collection offers the most amazing solution.