The Real Estate Regulatory Authority (RERA) has transformed the property market in Patna. Here is how it protects you:
1. Transparency of Titles
Developers must list clear ownership documents, project layout clearances, and bank account escrows for construction funds on the RERA portal.
2. Guaranteed Completion Timelines
Under RERA, developers are legally bound to hand over flats on time. If they fail, they are subject to severe penalties, protecting buyers.