What are RERA approval projects?

srijeda , 26.07.2023.

The Real Estate (Regulation and Development) Act (RERA) was passed by the Government of India in 2016 with the primary objective of safeguarding the interests of both homebuyers and real estate developers. A pivotal provision of this Act is the mandatory registration of all real estate projects with the Real Estate Regulatory Authority (RERA) before they can be initiated.

Projects with an RERA approval status have been registered with the RERA and received the Authority's approval. The following advantages are available to homeowners in developments with RERA approval:

Transparency: As part of RERA, developers are required to make public all pertinent information about their projects, including the project's layout, floor plans, facilities, and financial information. All prospective homebuyers can see this information on the RERA website.

RERA holds developers responsible for keeping their promises to homebuyers. Homebuyers have the right to file a complaint with the RERA if a developer doesn't follow through on their promises.

Financial security: RERA mandates that builders create a separate account for the money they receive from homebuyers. This account is referred to as the "escrow account." The escrow account guarantees that the money received from homebuyers is utilised exclusively for the project's construction and not for any other use.
Besides the advantages mentioned above, RERA-approved projects also provide a variety of

Rising demand: Homebuyers have a strong preference for projects with RERA approval. This is as a result of homebuyers' increased confidence in making investments in RERA approved developments since they are aware that the law will protect their interests.
Higher resale value: Projects with RERA approval often have a higher resale value than projects without RERA clearance. This is due to the fact that buyers of homes are willing to pay more for the security that comes with choosing an RERA-approved project.

Easy financing: Banks and financial institutions are more willing to finance RERA approval projects than non RERA approval projects. This is because banks and financial institutions know that their investments are protected by the RERA.

If you are considering buying a property in India, it is important to only invest in RERA approval projects. This will help you to protect your interests and ensure that you have a smooth and hassle-free buying experience.

How to check RERA approval projects in Bangalore

You can check RERA approved projects in Bangalore by visiting the website of the Karnataka Real Estate Regulatory Authority (RERA). The website has a list of all RERA approved projects in the state. You can search for projects by project name, promoter name, or district.

You can also check the RERA approval status of a project by entering the project registration number or the project name.

There are several builders who regularly provide RERA approval for their projects in Bangalore.
Check out some well known builders in Bangalore.

Prestige Group.
Shoba Constructions.
Godrej Properties.
Abhee Ventures and many others.

RERA approval is an important step for any real estate project in India. It helps to protect the interests of homebuyers and ensures that the developer has met all the requirements of the Act. If you are considering buying a property in India, it is important to only invest in RERA approval projects.

About Neighborhood

It is a rapidly developing region having adequate infrastructure and is encircled by Singahalli, Handrahally, Kondenahalli, and Somathanahalli. There are many developers in this region working on several projects, and this region has seamless connectivity. The railway station and airport are within a short drive away and have an excellent bus network. Elite International School, Samruddi PU and Degree College, The Polaris International School MS College and School of Nursing, etc., are some of the reputed educational institutes in the vicinity. People residing here have an ample number of job opportunities, and roadways are well-maintained, which in turn reduces traffic congestion. You can find all kinds of thoughtfully designed projects encircled by lush greenery, making them more sustainable at a reasonable price. Numerous hospitals are within proximity, such as Ramaiah Leena Hospital, Narayana Nethralaya Eye Hospital, Ashwini Hospital, etc., providing a high standard of medical care.

Overall, it is an ideal area to spend money on luxurious residential properties.

Let's look at some of the exquisite residential properties in Budigere.

Top-notch 3 BHK villas for sale in Budigere are:

Prestige Glenwood
It is a captivating residential villa that ensures an elevated standard of living with unmatched amenities. All the social infrastructure is within proximity and protected by secured gates and fences. You can admire the bountiful landscaping that gives a sense of refreshment and beautifies the property.

There are many reputed educational institutes nearby where you can place your kids, such as

Shri Ram Global School
The students here are well taught, which eventually grooms their personality, providing them with a conducive environment and outstanding facilities.

Elite International School
The teachers here are committed to rendering value-based education, contributing to the overall development of the students by helping them to be disciplined and skilled.

East Point College of Engineering And Technology
They provide comprehensive education focused on integrity, discipline, and individual growth to develop tomorrow's professionals. It has an amazing infrastructure, and children will always be under the surveillance of their mentors.

Hospitals & Restaurants

Geetha Hospital
It is spaciously built with outstanding infrastructure as they are focused on creating a positive experience for the patients. The hospital has a team of qualified and highly experienced doctors rendering the best medical care at a reasonable price.

Lemon Leaf
It is such a pleasant ambiance where you can enjoy Indian and Chinese dishes as they maintain quality and quantity within a reasonable price.

Geetha Hospital
They provide the best health care and comfort for every patient, which enables them to recover quickly with complete safety and security. This hospital has good infrastructure, and its services are also up to the mark.

Chaithanya Samarth
This property comprises 3-4 BHK encircled by a lap of frondescence with no common walls sharing and wrapped with luxury amenities to maintain exclusivity. The entire space is filled with ample natural light and has proper air circulation that contributes to your well-being. It ensures ample privacy without the disturbance from the chaos of city life.

Nearby hospitals are:

Chaitanya Hospital
They provide excellent cost-effective treatment to people, and their main concern is patients' health, comfort, and safety.

Fortis Hospital
The doctors here are well-experienced, ensuring the services provided are always on the mark so the patients get recover quickly.

HOSMAT Super Specialty Hospital
It has excellent infrastructure, and the doctors have a vast knowledge of providing reliable and quality care.

Abhyudaya Starcity Villa
The residents here can lead a contemporary lifestyle where they can experience boundless joy and happiness. It has an alluring garden where they can relax by enjoying the beautiful view and is equipped with surveillance cameras for full-time protection. There will be continuous water supply, power backup, rainwater harvesting, and proper sewage treatment.

There are many restaurants close to this project, such as

Cafe Chai Garam Chai
It's a great place to chill out with your loved ones having proper seating space to eat where you can enjoy the best chai, smoothies, burger, etc., at a reasonable price.

Polar Bear
They provide a variety of ice creams and desserts, and the ambiance is too good that you can sit and enjoy the beautiful views.

Pretty Cafe
You can enjoy excellent coffee, burger, chocolate pastry, and many others in a well-maintained ambiance that gives a better experience.

We have briefly explained a number of projects in Budigere.

Sizzle Avalon
It is an unbuilt land where you will have the flexibility to fabricate according to your methodology. The process while owning the ground is quite simple, and the construction work can start whenever needed. Compared to built-in abodes, the capital investment is budget-friendly, and its appreciation is incredible. You can use the parcel of land for various purposes enjoying ample benefits and at the same time be financially secure.


Salarpuria Sattva East Crest
This residential complex is spaciously designed by one of the well-known developers in the city. It is encircled by lush foliage where you can lead a healthier life, and the comfort you get here is unmatched. There will be round-the-clock protection, and a maintenance team will always be available to take care of all the repair work.

Nearby Educational Institutes & Hospitals

Elite International School
The faculties are highly qualified and dedicated to helping out in bringing disciplined and skilled professionals.

SN Hospital
There are experienced doctors and nurses who work round the clock here where the patients are 24/7 taken care of, and the treatment is more affordable.

Chrysalis High
This institute has a state-of-the-art infrastructure that is based on quality learning, where the faculties constantly strive to bring innovations in the learning process that enhances the overall development of the student community.

One New Projects in Budigere, i.e

Sai Woodswind
It is finely designed amidst green environs that meet all your requirements where you can delight within your space and always gives a positive vibe. All the social infrastructure is within walking distance, like reputed educational institutes, supermarkets, multispeciality hospitals, restaurants, etc., which reduces the daily hassles.


Budigere today is the most sorted out residential locality!