T
Tanvi Kumar
posted on 12 MayBuilder track record matters more than RERA
Been paying rent for 10 years now, bas ho gaya. Looking to buy in Gurgaon, maybe Dwarka Expressway. Prominent Enterprises Private Limited jaise builders ka RERA track record kaise check kare? Is RERA registration actually useful ya bas paper pe hai? Aur title verification steps kya hain? Bohot confusion hai.
#rera-registration#builder-track-record#title-verification#gurgaon-property#first-time-buyer
Comments
Okay, let's break this down for everyone. RERA is definitely useful for dispute resolution and transparency, but it's not a magic bullet. Builder track record is paramount. If 'Prominent Enterprises' has zero projects, it means they are either new or not legitimate for residential development in a RERA-compliant way. Gurugram market mein abhi bhi bahut supply hai, especially along Dwarka Expressway, so don't rush into anything. Always check RERA portal (Haryana RERA for Gurgaon), consult a property lawyer for title verification, and talk to people who have bought from the builder (if any exist, which seems unlikely here).
I'm looking near Basai, and the prices there are climbing. Is it better to wait or bite the bullet with a known builder even if it's a bit over budget?
Yes, Gurugram mein options bahut hain. Patience is key. Thanks for the detailed advice.
Makes sense. So, if a builder has no registered projects at all, it's a definite no-go then? Even if they offer a very good price in a prime location?
Just checked on the Haryana RERA website for 'Prominent Enterprises Private Limited'. Result: *zero* registered projects. Not even one. This is a massive red flag. How are you even considering them if they have no RERA-registered projects? RERA registration is mandatory for projects above 500 sq meters or 8 units. Agar register hi nahi hain, toh they are either very new, or operating illegally, or just don't exist in the residential market as a legitimate developer.
This is the hard data we needed. Bilkul sahi. Aise builders se toh bachke hi rehna chahiye.
Zero projects? Wow, that's shocking. Thanks for checking! So, if they are not registered, what are the legal implications if someone still buys from them? Will RERA even help?
Dekho, RERA is a good starting point, but builder ka reputation usse bhi upar hai. Mere ek dost ne Airport Road (Gurgaon side) pe ek builder se flat liya tha, RERA registered tha, but possession 2 saal late mila. Builder ne payments delay kiye, force majeure bolke. Prominent Enterprises ka zero projects dikh raha hai, toh toh aur bhi caution chahiye. Aise builders se door raho jinka track record na ho, especially first-time buyers like us.
Yeh toh bahut scary hai. Main bhi Badshahpur mein dekh raha tha, wahan bhi aise hi chote builders kaafi dikh rahe hain. Kya karein fir, sirf bade naam dekhein ya RERA ko hi final maan lein?
Haan bhai, sahi keh rahe ho. RERA bas ek safety net hai, guarantee nahi. Builder ki neeyat bhi dekhni padti hai.
Totally agree with the confusion! RERA kaafi useful hai, but only if the builder is actually registered and follows rules. Dwarka Expressway mein bahut projects hain, but Prominent Enterprises ka naam toh suna nahi. Title verification is crucial, get a good property lawyer before anything else, they will guide you through all the steps.
Bhai, Prominent Enterprises? Unka toh koi project hi nahi hai RERA pe. Bahut risky hai yaar. RERA website pe check karo, sab mil jayega. Haryana RERA portal pe search karoge toh zero dikhayega inka name.