RERA vs Non-RERA Plots in Dholera Smart City

Are you one of those who want to buy a plot in Dholera Smart City? Well, congratulations, you are already dreaming big things and are thinking about the right investment for future growth! Satyaja Group can become the right partner for you when you want to invest in residential plots in Dholera SIR. It is India’s first greenfield project and promises potential growth for the Indian economy and particularly for Gujarat’s economic growth. Dholera SIR has become the investment destination for many international investors. As well, it is already a destination for Tata Semiconductor’s manufacturing plant. However, if we combine all the aspects of Dholera SIR, they will lead you to the conclusion that Dholera SIR is the perfect destination for your future investment. As you think about the residential investment in Dholera Smart City, there are two options you can consider. 1. RERA plots and 2. Non-RERA plots. They both have different specifications, benefits, and drawbacks.

Now, let’s find out the major difference between RERA plots and non-RERA plots.

What are RERA plots?

RERA plots are inside the planning zone of Dholera SIR. These plots are registered under the Gujarat RERA authority. And the developers or sellers have fulfilled all the requirements under the RERA authority.

What are non-RERA plots?

Non-RERA plots are not registered under the Gujarat RERA authority. Additionally, it is not decided whether they are inside the planned zone of Dholera Smart City.

Major differences between RERA and non-RERA plots.

1. Documentation: Choosing between RERA and non-RERA plots, there are two different documentation processes.
   • RERA: This plot follows the compliance standard laid by the Gujarat RERA authority. Hence, there is more legal reliance, confidence, and transparency.
   • Non-RERA border plots: These non-RERA plots can be somewhere near the planned development zones. However, they don’t follow the legal compliance. But they come with a clear title and legal agreements. But not under the Gujarat RERA authority.
2. Future Growth: As RERA and non-RERA plots stand as different premises, their future potential is also very different.
   • RERA: RERA plots are considered to have a high potential and higher future growth as they are under the Gujarat government’s RERA authority.
   • Non-RERA border plots: These plots are considered to be located near the border area and prime locations of Dholera Smart City. They do have high potential for future growth.
3. Refund: As you invest your money in residential plots in Dholera, the refund policies are also different for RERA and non-RERA plots.
   • RERA: RERA plots are not nonrefundable. Hence, once you have invested in them, you won’t be able to get your money back.
   • Non-RERA border plots: As these plots are not under the Gujarat government’s RERA authority, they are 100% refundable. Hence, it offers buyers the flexibility and peace of mind of changing their decision as per the given circumstances.
4. Prices: Both of these plots have their benefits as well as drawbacks. Hence, the residential plot prices in Dholera also differ in price as well.
   • RERA: As RERA plots are under the Gujarat government’s RERA authority, the prices are comparatively higher than non-RERA plots. The plot prices start from ₹50 lakhs. However, it is worth money due to prime locations, amenities, and other benefits.
   • Non-RERA border plots: These plots are the perfect option for early investors, as non-RERA plots start from ₹10 lakhs. Though there might be some variations as per different locations.

Conclusion

As we have gone through the guide of RERA and non-RERA plots, we hope we have helped you with your confusion. Residential plots in Dholera are the smartest decision you can make for investment as well as for future growth. Satyaja Group will be with you at every step and will surely guide you towards the right investment options in Dholera Smart City. Call us and our team will be happy to assist you.