F
Francis Miranda
posted on 18 MayRERA is just a paper tiger for builders, agree?
Since January I've been looking at properties in Faridabad, especially around Sectors 75-89. I work in real estate, but buying for myself is different. I'm looking at Goyal Luxury Floors and other projects, and the RERA compliance feels like a minefield. What are the specific red flags on the RERA portal that scream trouble, beyond just the registration number? And honestly, if a builder delays possession, what are the *actual* steps and timelines for RERA complaints? Does it really get results or is it just another bureaucratic layer?
#rera-compliance#builder-delay#faridabad-realestate#goyal-luxury-floors
Comments
While RERA definitely has its flaws and can be slow, it's still better than nothing. The key is to be proactive. Before booking, check the builder's past projects, even if they aren't on RERA (like for Goyal Estate Agency, which has 0). If you see multiple complaints against them on other forums or news, steer clear. For delays, the actual steps are filing online, submitting documents, and then attending hearings. It *can* get results, but patience is key. Faridabad market mein abhi bhi bohot delays chal rahe hain due to material costs and labour issues, so builders often use that as an excuse.
Still, it feels like a never-ending battle. Builders know how to drag things out. Lagta hai RERA bas ek formality hai. Kya karein?
Haan, proactive hona toh zaroori hai. RERA complaint acknowledge hone mein hi 1-2 mahine lag jaate hain, aur sunwai toh uske baad. Mera experience hai ki builders settlement offers de dete hain jab RERA pressure aata hai, but it's rarely what you actually deserve. For Goyal Estate Agency, 0 projects means no past record to check, which makes it riskier.
Usse bhi zyada, RERA portal pe agar project details incomplete hon, ya approvals ki dates missing hon, toh samajh lo kuch gadbad hai. Builders often upload old or irrelevant documents. Also, if the project completion date keeps changing, that's a huge red flag. I saw this with a project near Sector 35 where they kept extending dates. What's the typical timeline for RERA to even acknowledge a complaint, let alone resolve it?
My personal experience with RERA has been mixed. I bought in Sector 35 two years ago. The builder delayed by a year, and when I filed a RERA complaint, it took forever to even get a hearing. The builder just paid a small penalty, which was nothing compared to the EMI I was paying. For Goyal Luxury Floors, if Goyal Estate Agency is the builder, that '0 total projects' on RERA is a massive warning sign. How can a new builder be trusted with such a big investment? It's like they're just testing the waters with our money.
Haan, yeh RERA portal pe red flags wala point bohot important hai. Main toh bas registration number dekh ke aage badh gaya tha. Big mistake!
Bhai, RERA ko paper tiger bolna bilkul sahi lag raha hai. Main bhi Faridabad mein dekh raha hoon, especially around Sector 81. Jab delays hote hain, tab RERA portal pe complaint karna bhi ek alag headache hai. Goyal Luxury Floors ka naam suna hai but haven't checked them personally. Kya sach mein yeh kaam karta hai ya bas formality hai?
Sahi baat hai, RERA registration number dekh ke lagta hai sab safe hai, par asal mein builder ka track record dekhna zaroori hai. Goyal Estate Agency ka toh total projects 0 dikha raha hai RERA pe. That's a huge red flag for me, especially for a first-time buyer.
Exactly! Mera bhi same experience hai. Builder ne possession date 3 baar postpone kar di hai. Lagta hai RERA bas naam ka hai.