Unorganized since inception and to initiate, the real estate sector saw a rapid and steady growth despite all odds.
The Real Estate sector witnessed an era of un-technical and un-regulated practices leading to dissatisfaction amongst the consumer (buyers). Thus, it called for a reformative action in the real estate domain. Hence, with the advent of the Real estate regulatory act, the sector became organized and regulated increasing the accountability of all stake holders. With a view to protect the interest of the consumer, the act intends to augment transparency by mandating the compulsory registration of projects and real estate agents. The law further provides for paced up dispute resolution mechanisms by setting up dedicated RERA tribunals across states.
We at Lexited provide comprehensive legal solutions and services to our clients in the real estate sector providing the following services:
- Real Estate Projects Registration
- Real Estate Agent / Broker / Promoter Registration
- Filing of Complaints for Consumers
- Legal Compliance and Audit