If you’re considering buying a property in the bustling metropolis of Pune, ensure that MAHA RERA approves it! Why? Because, RERA approved real estate projects safeguard buyer’s interests when buying a house by providing transparency in transactions, timely delivery, standardized development, appropriate pricing, and much more.
Under the RERA Act, a developer is obligated to pay your home loan interest rates on your house loan EMI, in case the possession of the property is delayed.
What Is RERA?
RERA stands for Real Estate (Regulation and Development) Act that came into effect on May 1st, 2016. Under the Act, each state and union territory formed regulatory bodies that govern residential and commercial real estate transactions.
The Act protects the buyer’s interest by eradicating issues of project delays and overpricing to promote enhanced transparency and accountability. Moreover, before beginning work on any new project, the developers and builders must carry out the RERA registration as per the Act.
Here’s a list of the top MAHA RERA approved real estate projects in Pune.
For a cosmopolitan neighbourhood and in-demand social infrastructure, Zen Estate is a high-quality investment. Situated at Kharadi, this residential project covers an area of 3.28 acres consisting of 8 buildings and 490 units that are ready for possession. Zen Estate offers cosmopolitan amenities like cycling and jogging track, open gymnasium, swimming pool, clubhouse, multipurpose play court, buffet area, and party lawn, among others for an affluent living.
Majestique City located at Wagholi, Pune spans an area of 14 acres with state-of-the-art features and excellent amenities. A well-designed residential project, it offers expansive 1, 2 BHK apartments equipped with a community library, billiards and yoga room, a spa with Jacuzzi, barbeque centre, multi-sport facility, and mini theatre. Also, its proximity to schools, hospitals, and entertainment zones is a definite bonus.
Located at Kharadi, Godrej Rivergreens is a sprawling township spread across 40 hectares by the Mula-Mutha River. Offering a tranquil environment and calming views, its extensive 5 hectares of green space boasts of lush amenities like an Olympic-sized swimming pool, expansive clubhouse, exclusive wellness centre, visitor management, and optimum security with 24×7 CCTV camera monitoring, etc. Launched in March 2020, Godrej Rivergreens has 4 buildings and 766 units up for sale.
VTP Urban Nest
Nestled in Undri, Pune – VTP Urban Nest is a strategically developed example of modern infrastructure, sprawling a built-up area of 517-1,385 sq. Ft. Amenities include gymnasium, clubhouse, landscaped gardens, jogging track, lift, car parking, multipurpose room, swimming pool, children’s play area, staff quarter, Vaastu compliance, and more. Available in 1, 2, and 3 BHK apartments, VTP Urban Nest offers easy access to shopping areas, commercial hubs, and restaurants within the immediate neighbourhood.
Over to You
Are you looking for a property in Pune? Tata Capital can finance it for you! We offer home loan for rural as well as urban properties at attractive home loan interest rates.
Visit our website to calculate your house loan EMI using our home loan EMI calculator for free. We also recommend you to check your home loan eligibility before you apply for home loan with us. To secure a competitive and easy home loan in India, contact Tata Capital today!