In Trivandrum, the capital of Kerala, RERA has significantly impacted the property market. Buyers seeking RERA approved projects in Trivandrum can now invest with confidence, knowing their rights are protected. With Trivandrum’s growing appeal as a hub for IT, education, and tourism, real estate opportunities are booming, making RERA registration more critical than ever.
RERA Trivandrum: Ensuring accountability
RERA Trivandrum operates under the Kerala Real Estate Regulatory Authority, ensuring that developers adhere to strict guidelines. The initiative has empowered homebuyers by making it mandatory for developers to:- Register their projects before launching them.
- Maintain an escrow account for project funds to prevent mismanagement.
- Deliver possession on time or face penalties.
- Provide complete project documentation for buyer verification.
Benefits of RERA registered projects in Trivandrum
Investing in RERA registered projects in Trivandrum provides numerous benefits:- Transparency: Developers must disclose all details about the project, such as timelines, approvals, and costs. Buyers can access these details on the RERA website for Kerala.
- Timely delivery: Builders are legally bound to complete projects within the promised schedule. Delays without valid reasons can lead to penalties.
- Standardised practices: RERA ensures that developers follow ethical business practices, protecting buyers from misleading advertisements or hidden charges.
- Quality assurance: Developers must rectify any structural defects reported within five years of possession.
- Legal protection: Buyers have the right to raise complaints and seek resolutions through the RERA grievance mechanism.
How to check RERA approved projects in Trivandrum
To verify if a project is RERA-approved:1. Visit the Kerala RERA official website.
2. Navigate to the “Registered Projects” section.
3. Enter the project name or developer’s name in the search bar.
4. Filter results based on location, like Trivandrum.
5. Review the project details, including registration number and status.
This ensures your investment is in compliance with RERA guidelines.
Consider a home loan for your property
Purchasing a property in Trivandrum requires thoughtful financial planning. Home loans are a dependable option to secure funds while staying within your budget. They allow you to achieve your dream of owning a home without financial strain.Bajaj Housing Finance Home Loan offers a smart solution for buyers. With attractive interest rates, flexible repayment terms, and fast approvals, the process becomes seamless. Whether it is your first home or an upgrade, Bajaj Housing Finance ensures a smooth and stress-free journey.
Here are a few benefits of opting for a Bajaj Housing Finance Home Loan:
1. High loan amount: Secure a home loan of up to Rs. 15 crore* to bring your dream home to life.
2. Low interest rates: Enjoy interest rates starting 8.25%* p.a, and EMIs as low as Rs. 741/lakh*.
3. Quick approval: Get approved within 48 Hours* of applying – sometimes even sooner.
4. Flexible repayment tenure: Choose a repayment term of up to 32 years for comfortable EMIs.
5. Simple application: Take advantage of doorstep document collection for a smooth process.
6. Balance transfer facility: Move your existing home loan and get a top-up loan with better terms.
Do not let the worries of financing hold you back—explore home loan solutions today and take the first step towards securing your ideal property in Trivandrum.