| |
|
|
The Real Estate (Regulation and Development) Act, 2016 — commonly known as RERA — is a landmark legislation enacted by the Government of India to bring transparency, accountability, and efficiency to the real estate sector. It established a regulatory authority in each state to oversee real estate transactions, protect the interests of homebuyers, and ensure timely delivery of projects. Under RERA, all residential and commercial projects above a certain threshold must be mandatorily registered with the respective state authority before being marketed or sold. Developers are required to disclose project details, financial statements, and timelines publicly, giving buyers unprecedented access to information. With RERA in force, disputes between buyers and promoters are resolved faster through dedicated adjudicating officers, making it a transformative step toward a fair and organized real estate market in India.
Our RERA Services includes:
- Project Registration: End-to-end assistance for registering new real estate projects with the state RERA authority, including document preparation and submission.
- Agent Registration: Registration of real estate agents and brokers under RERA with complete documentation, renewal support, and compliance guidance.
- Quarterly Compliance: Timely filing of quarterly updates including project progress reports, financial statements, and status disclosures as mandated by RERA.
- Complaint Filing: Assistance in filing complaints before the RERA authority or Appellate Tribunal on behalf of aggrieved homebuyers or promoters.
- Legal Advisory: Expert legal consultation on RERA obligations, sale agreements, builder-buyer agreements, and interpretation of state-specific RERA rules.
- Project Extension & Amendment: Support for obtaining project extensions, revisions, and amendments to registered project details due to force majeure or delays.
|
|
|
|
|