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Transfer of Projects as per RERD Act

RERA allows transfer of projects or change of Promoter under various circumstances. At RERA Consultants LLP, the legal and financial consultants discuss and deliberate various aspects of the promoter and the Project in question with regard to financial and legal viability of takeover of project, advice regarding best process for takeover of project, preparation/ drafting of relevant documents, affidavits, advice regarding obtaining necessary certificatesfor filing application for Transfer of Projects.

RERA allows transfer of projects or change of Promoter under various circumstances. At RERA Consultants LLP, the legal and financial consultants discuss and deliberate various aspects of the promoter and the Project in question with regard to financial and legal viability of takeover of project, advice regarding best process for takeover of project, preparation/ drafting of relevant documents, affidavits, advice regarding obtaining necessary certificatesfor filing application for Transfer of Projects.

Specialising Experts on this Area

E Suhail Ahmed

Legal Consultant

  • rera@trialbase.in

Vinay Thyagaraj

Financial Consultant

  • rera@vnv.ca

No, Minimum 70% of the money realized from the allottees shall be deposited into RERA Designated Bank account of the project. Read Sec 4(2)(L)(D) of the Act.

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