The RERA is an act that attempts to protect the interests of buyers and developers like The Prestige Group. It is for buyers and sellers as restrictions apply to housing and commercial buildings. So, try to opt for RERA-approved projects to avoid any confusion in the future. The Prestige Southern Star project has not obtained official approval from the Karnataka RERA Board, and it is not duly registered under RERA now. The RERA for the project has not yet been applied, but it will be applied by October 2024, and it will get approved by November 2024.
Then, the RERA number will be published to the public. After that, in the same month, the launch of the project and the booking of units will start. The possession of the project will be by December 2028.
RERA provides the buyer complete transparency regarding the property and the transactions between buyers and developers. Buyers had to face the difficulty of not obtaining the project at the time pledged by builders, which is no longer allowed now. Since the launch of RERA, malpractices in buying have decreased fully. Builders will follow all laws under this Act, and failing buyers are given the right to raise a complaint against the builders.
The project has the plan ready, and it is waiting for RERA's approval. It will be soon as the Prestige Group always meets all standards. Then, the project launch will be done, and all details about the project will be revealed. As the builder finishes the project on time, the possession time will be on time, and buyers can have a great life in their dream homes. The project is now under construction by real estate giant The Prestige Group. The builder follows the best policies to offer an excellent living experience with luxury. The RERA approval will be received soon, and you can check on the official site to get RERA numbers after approval. The Prestige Group is one of the leading construction companies, and almost every builder project is approved by RERA, and Prestige Southern Star is no exception.