RERA stands for Real Estate Regulatory Authority that came into existence as per the Real Estate (Regulation and Development) Act, 2016, with the purpose of protecting the home purchasers and also boosting the real estate investments
A tangible resource, the land is always easy to purchase and maintain. There are no recurring costs and there is no interference from anyone in matters concerning the plot.
LP stands for Layout Permission, it looks like in DTCP LP No. 216/2023/H where as in HMDA LP No. 0001374/LO/Plg/HMDA/2022.
Every layout has a unique Layout Permission number, it is used to check land ownership, encumbrance details, mortgage information and so on.