Section 15 of the RERA provides the procedure for transferring or assigning the promoter’s majority rights and liabilities to a third party under various circumstances. We at RERA Consultants LLP, have an integrated legal and financial consulting team to guide and counsel the clients and advise them on the entire process of transfer and takeover of a project. We advise regarding the best process for the takeover, as well as, on the project preparation, and drafting of relevant documents, affidavits, and advice regarding obtaining necessary clearances, certificates for filing an application seeking approval for the transfer and takeover of Projects. Our proficient legal and financial professionals walk the clients through the various aspects of the statutory requirements under RERA, to ensure that the clients would have a holistic perspective of the transfer and takeover process of a real estate project.

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