In India’s rapidly growing real estate market, trust and transparency are the biggest priorities for every homebuyer. Before the introduction of RERA in 2016, buyers often faced issues like delayed possession, unclear documentation, inflated carpet area, hidden charges, and lack of verified project details.
To protect homebuyers and introduce transparency, the Government of India implemented the Real Estate (Regulation and Development) Act (RERA). Today, RERA-approved projects in Pune and across the country offer the highest level of safety, clarity, and reliability. Whether buyers are looking for new projects in Hadapsar, Wagholi, Keshavnagar, or any developing micro-market, RERA ensures they make legally secure and well-informed decisions.
Today, RERA-approved projects offer buyers complete clarity, legal protection, and peace of mind.
Why RERA Matters for Homebuyers
1. Transparency at Every Stage
RERA mandates developers to disclose accurate and verified project information such as:
- Land ownership details
- Approved layout plans
- Sanctioned building permissions
- Promoter information
- RERA project bank account details
- Construction progress and timelines
Every detail is uploaded to the official MahaRERA portal, eliminating confusion and ensuring buyers no longer rely on verbal assurances. This is one of the key benefits of RERA for homebuyers.
2. Protection Against Delays
Under RERA:
- Developers must follow committed timelines
- Any delay must have a valid justification
- Buyers are eligible for compensation
This enforces discipline and ensures timely delivery.ing.
3. Secured Use of Project Funds
To prevent misuse of buyer money, developers must deposit 70% of project funds into a dedicated RERA escrow account.
This ensures:
- Funds are used only for project construction
- Regular progress
- Reduced risk of stalled projects
This rule is a major reason why RERA is important for today’s homebuyers.
4. Verified & Approved Projects Only
Developers can register a project with RERA only after receiving all mandatory approvals, such as:
- Sanctioned plans
- Commencement certificates
- Professional certifications
- Legal title reports (by a lawyer with 10+ years experience)
- NOCs (as applicable)
This eliminates risks of illegal construction or incomplete permissions.
5. Standardized Carpet Area
RERA introduced a uniform definition of carpet area to prevent misleading or inflated numbers. Buyers now know the exact usable area they are paying for.
6. Easy & Fast Grievance Redressal
RERA authorities provide a fair mechanism to resolve disputes quickly. Homebuyers can:
- File complaints online
- Track updates
- Expect timely action
This structured platform builds buyer confidence and trust.
7. Everything Accessible on the RERA Portal
All project information submitted by the developer—documents, approvals, timelines, bank details, drafts of agreements, certifications, and updates—is available on the RERA portal for public viewing.
This transparency has transformed the homebuying experience.
How Esbee Realty Ensures 100% Transparency With RERA
At Esbee Realty, transparency is not just compliance—it is a core value. With over six years of experience and a proven track record in Pune real estate, Esbee Realty ensures that every project is delivered with honesty, clarity, and complete RERA adherence.
Esbee Realty has multiple MahaRERA-approved residential and commercial projects in Pune, including:
- Adira, Wagholi – RERA-approved residential project
- Azura, Keshavnagar – RERA-approved residential project
- 41 City Hub, Hadapsar – RERA-approved commercial project
- Esbee Square, Wagholi – RERA-approved commercial development
Our upcoming residential project, Codename Keep Calm (Manjari), is currently in the process of securing MahaRERA approval, reflecting our commitment to transparent and ethical project launches.
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1. Fully RERA-Compliant Projects
Each Esbee Realty project undergoes complete RERA compliance, ensuring:
- Verified approvals
- Accurate project details
- Proper documentation
- Legally protected buyer interests
This eliminates uncertainties and builds long-lasting trust.
2. Clear & Honest Communication
Homebuyers receive complete clarity on:
- Pricing
- Payment schedules
- Construction progress
- Possession timelines
- Government approvals
Esbee Realty shares regular updates so buyers always know the real-time status of their investment.
3. Accurate Plans With No Hidden Charges
Floor plans, layout maps, specifications, carpet areas, and RERA-approved documents are presented exactly as they are.
There are no inflated numbers, no hidden fees, and no last-minute changes.
4. Secure Financial Management
Project funds are handled per RERA norms. 70% of collections are used only for construction of that specific project, ensuring:
- Steady development
- No delays
- Responsible financial planning
5. Customer-First Documentation & Support
Esbee Realty makes the homebuying journey stress-free by offering:
- Transparent agreements
- Easy documentation
- Guided site visits
- Professional assistance from inquiry to possession
This ensures a smooth, confident buying experience.
Conclusion
RERA has transformed the Indian real estate market by bringing fairness, accountability, and transparency to the forefront. Today, homebuyers enjoy better protection, verified project information, secure transactions, and faster grievance redressal.
Esbee Realty proudly aligns with every RERA guideline—delivering projects that reflect integrity, trust, and long-term value. Choosing a RERA-approved Esbee Realty project means choosing peace of mind, secure investment, and a home built with honesty and transparency.
