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Post by: poonamgandhi in Real Estate
Extension of the timeline under RERA – COVID-19 In the year 2017, the real estate sector has been brought under RERA regulations. Under RERA regulations, the individual states and union territories are allowed to build their own rules, under the…
Post by: Renu Suresh in Real Estate
Telangana RERA Registration for Projects To improve the responsibility and accountability towards consumers, the Telangana State Real Estate Regulatory Authority has mandated real estate promoters (real estate developers) to register the project and to obtain a valid registration number before…
Post by: Sreeram Viswanath in Real Estate
Responsibilities of Builders & Promoter under RERA Builders and promoters are tasked with various responsibilities under the RERA Act. All builders and promoters who undertake a real estate project with over 8 units or 500 square meters of development are…
Post by: Sreeram Viswanath in Real Estate
Functions of RERA - Real Estate Regulatory Authority The Real Estate (Regulation & Development) Act, 2016 has included, among its many regulations, a provision for the establishment of a state level Real Estate Regulatory Authority (RERA). The founding objective of…
Post by: Sreeram Viswanath in Real Estate
Cancellation and Refund under RERA RERA registration and RERA Act is applicable for all residential real estate development with 8 units or development of plots with a total area of over 500 square meters. The RERA Act permits the homebuyer,…
Post by: Sreeram Viswanath in Real Estate
Penalties under RERA The Real Estate (Regulation and Development) Act, 2016 is a game-changer for the real estate industry set to bring about transparency and accountability. RERA Act is applicable for all apartment developments with over 8 units and plots development…
Post by: Sreeram Viswanath in Real Estate
Homebuyers Rights under RERA Homebuyers have various rights and obligations under the Real Estate (Regulation and Development) Act, 2016 or RERA Act. RERA registration is applicable for construction of an apartment building with more than 8 units or land development of…