The Godrej Lakeside Orchard possession date is set for September 30, 2030, which is six years after the project's initiation. On the specified possession date, buyers can officially take ownership of their apartments. Godrej Group will hand over the keys and all legal documents to the buyers.

Godrej Lakeside Orchard has been approved by the RERA board of Karnataka state on 27th September 2024. Godrej Lakeside Orchard's RERA Number: PRM/KA/RERA/1251/446/PR/300924/007105. The Acknowledgment number of this project is ACK/KA/RERA/1251/446/PR/270924/008555. The project is set to launch on 01st November 2024.

RERA is an abbreviation for Real Estate Regulatory Authority, and it came into existence in 2016 as per the Real Estate Regulation and Development Act. The purpose of RERA is to protect homebuyers and to increase investments in the real estate industry. If RERA approves a property, it can be considered a safe property to buy.

Godrej Lakeside Orchard RERA Approval Key dates

As RERA approves Godrej Lakeside Orchard, it will have the following benefits,

• Timely Finishing - The project will be finished on time in the given time. Buyers can complain if they do not get their property on time. Buyers will get interest on the delayed payments if this project is not finished on time.
• Advance Deposits - The builder will deposit a portion of the project's amount into a bank account. It makes sure that resources are there for the chosen project and stops money from being focused on other plans.
• Clear Legal Title - The builder will give a clear title of the land to the buyer. By doing this, the option of property ownership disputes will not be there.
• Buyer Protection - Builders must follow all rules correctly, and if they fail, buyers can officially file a complaint against them. The authority will lay fines for the builder if they fail to fulfill any rules.
• Full Transparency - The builder will provide full details on the project, such as approvals and plans. There will be 100% transparency, which gives buyers clear details about the project.
• Builder Liability - The builder is now liable for any change in the project plan without approval. Buyers will get exactly what they were promised and what is there in the plan.

As Godrej Lakeside Orchard RERA approval has been given, the official RERA number of this project has been published on the RERA site. It is also displayed on the project's official site. Buyers can start booking their houses after the launch of this project on Nov 1st, 2024.

If builders fail to meet any laws, buyers can file legal complaints. With RERA, all legal issues against buyers have been reduced, and buyers are feeling safe to buy real estate projects. It provides buyers with complete hope and joy to buy their dream home in Godrej Lakeside Orchard.