1. Understand RERA RERA stands for Real Estate (Regulation and Development) Act – a central government law. It ensures transparency, safety, and trust in the real estate sector. 2. Eligibility Criteria Must be at least 18 years old . Should have a PAN Card and Aadhaar Card. Office address and prior experience in real estate (optional but useful). 3. Required Documents PAN Card (for income tax purposes) Aadhaar Card Address proof (EB Bill, Voter ID, Rent Agreement, etc.) Passport size photo For companies — Registration certificate, partner details, GST details 4. Apply Online (Example: Tamil Nadu) Visit Tamil Nadu RERA Official Website : https://www.tnrera.in Select the “Agent Registration” option. Fill in details (name, address, contact, experience, etc.). Upload required documents in PDF format. Pay the registration fee online (Tamil Nadu RERA: Individual ₹25,000 / Company ₹50,000). 5. Getting Approval Once the ap...
What is a SIP? A SIP (Systematic Investment Plan) is a method of investing in mutual funds. Instead of investing a large lump sum all at once, you invest a fixed, smaller amount at regular intervals, such as monthly or quarterly. It's similar to a recurring deposit in a bank. For example, instead of investing a lump sum of ₹10,000, you could invest ₹1,000 every month for ten months. Benefits of a SIP Rupee Cost Averaging: Investing through a SIP helps you navigate market volatility. You buy fewer units when the market price is high and more units when the market price is low. Over time, this averages out the cost of your investment. Power of Compounding: By investing consistently over a long period, the returns on your investments are reinvested, generating further returns. This allows your wealth to grow exponentially over time. Financial Discipline: A SIP encourages a disciplined approach to saving and investing by automatically deducting a fixed amount from your bank accou...