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    Home » Property Buyers’ Rights You Should Know This World Consumer Rights Day
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    Property Buyers’ Rights You Should Know This World Consumer Rights Day

    Neeraj BhakerBy Neeraj BhakerMarch 19, 2025No Comments5 Mins Read
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    Property Buyers’ Rights You Should Know This World Consumer Rights Day
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    It’s March 19, 2025, and today we celebrate World Consumer Rights Day! This day is all about making sure buyers—like you—know your rights and stay safe from cheats or unfair deals. Property buying in India can sometimes feel risky, with stories of delays, fraud, or hidden costs popping up too often. But don’t worry! Whether you’re dreaming of a new flat or a plot, you’ve got rights that protect you. Gaurav Mavi, co-founder of Bop.in, a real estate consulting firm, shares some must-know tips to help you buy smart and stay secure. Let’s break it down in simple words so you can make the best choices this year!

    Why Knowing Your Rights Matters When Buying Property

    Buying a home or land is a big step—probably one of your biggest investments. But without the right info, you might lose money or get stuck with a bad deal. World Consumer Rights Day 2025 reminds us: knowledge is your superpower! When you know your rights, you can spot tricks, ask the right questions, and demand what’s fair. From getting clear details to fighting delays, these rights—backed by laws like RERA—keep you in control. So, let’s see what you’re entitled to as a property buyer in India!

    Right to Clear and Full Information

    First things first—you deserve to know everything about the property you’re buying. This means the seller or builder must share:

    • Legal papers like title deeds and approvals.
    • RERA registration details (every project needs this!).
    • Exact price, including extra charges like parking or maintenance.

    No one can hide stuff from you—it’s their duty to be honest. If they don’t share these, you can ask for them or even report them. Gaurav Mavi says, “Check the property’s legal status and RERA number before signing anything—it saves trouble later!”

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    Right to Fair Pricing and Honest Ads

    Ever seen a shiny ad promising a dream home, only to find hidden costs later? That’s not okay! As a buyer, you have the right to:

    • True pricing—no fake discounts or surprise fees.
    • Ads that match reality—no lies about size, location, or facilities.

    Under RERA (Real Estate Regulation and Development Act, 2016), builders face fines for misleading ads or jacking up prices unfairly. So, if a brochure says “₹50 lakh all-inclusive,” they can’t add ₹5 lakh extra for random fees later. Demand clarity—it’s your money!

    Right to Timely Possession of Your Property

    Waiting years for your home after paying up is a nightmare many buyers face. But here’s good news: RERA says builders must stick to the promised timeline. If they don’t:

    • You can claim compensation for the delay.
    • Or even get your money back with interest.

    For example, if your flat was due in 2024 but it’s still not ready in 2025, you’re not stuck—you’ve got options. This right makes sure your hard-earned cash doesn’t leave you hanging!

    Right to Challenge Unfair Contracts

    Some builders sneak tricky terms into agreements—like “no refunds” or “we can delay forever.” That’s unfair, and you don’t have to accept it! Your rights include:

    • Reading the contract carefully before signing.
    • Saying no to one-sided rules that hurt you.
    • Taking bad contracts to court under the Consumer Protection Act.

    Gaurav Mavi advises, “Get a lawyer to check the agreement—don’t rush into signing!” A fair deal protects your interests, not just the builder’s.

    Right to Quality Construction Without Defects

    Finally got your keys, but the walls are cracking or the plumbing’s a mess? You’re covered! RERA gives you:

    • Five years to report structural defects or poor work.
    • The right to demand fixes from the builder—at no extra cost.
    See also  Everything You Need to Know About Taking a Loan Against Property

    This means you don’t have to live with shoddy construction or pay more to repair it. Quality is your right, and builders have to deliver it!

    Right to Refunds and Compensation If Things Go Wrong

    What if the builder breaks promises—like not finishing the project or delivering something totally different? You can:

    • Ask for a full refund with interest.
    • Claim compensation for losses caused by their mistakes.

    RERA backs you up here. File a complaint with the RERA authority in your state, and they’ll step in. It’s your safety net against fraud or failure—don’t let anyone take your money and run!

    How to Use These Rights in Real Life

    Knowing your rights is step one—using them is step two! Here’s how:

    • Check RERA Registration: Every project must be on the state RERA website (like Maharashtra RERA or UP RERA). Look it up!
    • Ask Questions: Demand all papers and price breakdowns—don’t be shy.
    • File Complaints: If something’s off, go to RERA or a consumer court. It’s easy and online now!
    • Stay Alert: Watch for delays or dodgy ads—act fast if you spot trouble.

    World Consumer Rights Day 2025 is your chance to get smart. A little effort today can save you lakhs tomorrow!

    Why Property Buyers Need This Awareness in 2025

    Real estate scams aren’t new—fake promises, delayed projects, or hidden charges pop up too often. But laws like RERA and the Consumer Protection Act are on your side. This World Consumer Rights Day, with the theme “A Just Transition to Sustainable Lifestyles,” think beyond just buying—choose builders who are honest and eco-friendly too. Your rights keep the market fair and safe, so spread the word and stay protected!

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    Gaurav Mavi’s Top Tip for Buyers

    Gaurav Mavi sums it up: “Be a conscious buyer—check everything, consult experts, and know your rights. It’s your money, your home, your future!” So, this March 19, 2025, celebrate World Consumer Rights Day by taking charge of your property deals. You’ve got the power—use it!

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    Neeraj Bhaker
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    Neeraj Bhaker, an MBA graduate with over 10 years of experience in the real estate and property sector, brings a wealth of knowledge to his writing. His insights cover the latest trends and updates in the industry, offering valuable perspectives to both investors and homeowners. Neeraj's expertise makes him a trusted voice in the real estate space.

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