MAGNIFYING Towards...

  • Ensuring accountability towards allottees and protect their interest.
  • Infusing transparency, ensure fair-play and reduce frauds & delays.
  • Introducing professionalism and pan India standardization.
  • Establishing symmetry of information between the promoter and allottee.
  • Imposing certain responsibilities on both promoter and allottees.
  • Establishing regulatory oversight mechanism to enforce contracts.
  • Establishing fast-track dispute resolution mechanism.
  • Promoting good governance, which in turn would create investor confidence.
Dashboard

Status of projects

Received : 5
Approved : 2
Under Process : 3

Status of agents

Received : 3
Approved : 1
Under Process : 2

Status of complaints

Received : 0
Approved : 0
Under Process : 0

Our Expertise

APRERA strives to achieve its objectives by providing an integrated platform for real estate sector

CONSULTATION

APRERA will guide the stakeholders of real estate activity to streamline the procedures required for construction of a new project with a view to encourage construction industry.

PROMOTION

APRERA will provide clarity on the roles and performance of various stakeholders / promoters and provide a level playing platform to differentiate between performers and non-performers. The Real Estate (Regulation and Development) Act, 2016 will be beneficial to both developer / promoters and buyers.

PROTECTION

APRERA will bring in increased accountability in real estate activity, thereby improving the sector's credibility score and re-instating a sense of security amongst all stakeholders.

FINANCIAL DISCIPLINE

APRERA will monitor all the financial transactions of each project, thus improving the governance on the real estate sector by reducing disputes and making the system more transparent and robust.

QUALITY ASSURANCE

APRERA mandates the promoters to maintain the quality of materials assured in their respective projects and will see that they don't deviate from the agreed terms in a way giving quality assurance to the prospective buyers.

DISPUTES REDRESSAL

APRERA will resolve the disputes raised between the promoters and the buyers by implementing the procedures stipulated in the Real Estate (Regulation and Development) Act, 2016 and intend to minimize such disputes between the promoters and to encourage healthy atmosphere in real estate activity.

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