Sattva City RERA Approval

Sattva City has applied for RERA approval and is waiting for confirmation. Once approved, bookings will start, followed by construction. RERA (Real Estate Regulatory Authority) is a government body that ensures real estate projects follow legal and quality standards. It protects homebuyers from fraud, delays, and misleading information. No real estate project can be sold without RERA approval.

• Project Name: Sattva City
• Location: Doddajala, Bangalore
• Total Land Area: 53 Acres
• Total Units: 3,460 units
• Unit Sizes: 650 to 1,800 sq. ft.
• Starting Price: ₹55 Lakhs
• Launch Date: 2025
• Possession Date: December 2028

The Real Estate (Regulation and Development) Act, 2016 was created to protect homebuyers. Here’s why RERA approval is important:

• Legal Security: Only RERA-approved projects can be sold. Buyers are legally protected.
• Transparency: Developers must provide clear details about layouts, approvals, and progress.
• Project Accountability: 70% of buyer payments must be kept in a different account for construction. This stops fund misuse.
• Time of Completion: Developers must finish the project on time or pay compensation for delays.
• Fair Pricing: Home prices are based on carpet area (actual usable space). No hidden charges.
• Dispute Resolution: If there is a problem, buyers can complain to RERA for quick action.
• 5-Year Warranty: Developers must fix any structural defects in the project for 5 years after handover.

• Pre-Launch date: 29th December 2024
• Launch date: 2nd January 2025
• Completion Time: 4 Years
• Possession date: 31st January 2029

Sattva City will fully follow RERA rules to ensure:

• Legal clearance before sales.
• No misleading ads or false promises.
• Timely handover to buyers as per the promised date.
• High construction quality and fair pricing.

RERA approval makes real estate safer and more transparent for buyers. Sattva City’s approval is in progress, making it a secure and promising investment.