by Rera Consultants LLP. A Real Estate project can be advertised after registration with concerned real estate regulatory authority subject to compliance of the necessary directions as per the provisions of The Real Estate (Regulation and Development) Act, 2016 (“RERA”). The advertisement materials under RERA may includes any materials describing the details of project which is […]
by Rera Consultant LLP. An Agreement for Sale is an agreement entered into between the promoter and the allottee as per Section. 2 (c) of The Real Estate (Regulation and Development) Act, 2016 (“Act”). The definition doesn’t actually define an Agreement for Sale, however, the definition can be deduced keeping in mind the objective of […]
by CA.Vinay Thyagaraj (written by CA Vinay Thyagaraj, partner M/s. Venu & Vinay, Chartered Accountants, Bengaluru) Every promoter after registration of their Real Estate project under RERA, shall update on the RERA Authority website complete details of the project including list of number and types of apartments or plots, booked, no of garages booked, list […]
by Rera Consultant LLP. INTRODUCTION It is necessary to understand as what does a sanctioned plan means under the provisions of the Real Estate (Regulation and Development) Act, 2016 (“Act”), as per Section. 2(zq) of the Act, a sanctioned plan means the site plan, building plan, service plan, parking and circulation plan, landscape plan, layout plan, […]
by Rera Consultant LLP. The Real Estate (Regulation and Development) Act, 2016 (“Act”) was passed by Rajya Sabha on 10th of March, 2016 which received the assent of the President of India on 25th of March, 2016 and was published in gazette on 26th of March, 2016. Out of total 92 sections, Section 2, Section […]
JOINT DEVELOPMENT UNDER RERA by Rera Consultant LLP. With the coming into effect The Real Estate (Regulation and Development) Act 2016, the whole aspect with regard to the method in which a joint development of a project can be accomplished has changed substantially. The Karnataka Real Estate Regulatory Authority has issued circular giving RERA Bank Account […]
RERA CONSULTANTS LLP aims at providing all services required by Promoters and Agents to meet the requirements under The Real Estate (Regulation and Development) Act , 2016.