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RERA Registration
The Real Estate (Regulation and Development) Act, 2016 provides for establishing regulatory authorities at the state level to register residential real estate projects and seeks to regulate contracts between buyers and sellers in the real estate sector to ensure the sale of plots, apartments, or building, etc. in an efficient and transparent manner. It also proposes to ensure greater accountability towards consumers, and significantly reduce frauds and delays as also the current high transaction costs.
By imposing certain responsibilities on consumers and promoters, it attempts to balance the interests of both. It seeks to establish ease of information between the promoter and purchaser, a high level of transparency of contractual conditions, set minimum standards of accountability, and a fast-track dispute resolution mechanism. (Read More)
*If you want to know about EPR Registration_ click here
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RERA Project Registration In Gujarat | Online Chartered
RERA project registration in Gujarat enhances the credibility and transparency of your project details. Register your project under RERA with the experts of Online Chartered.
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Govt to look into pleas to tweak RERA for redevelopment: Maharashtra housing minister.
#abhousingrealtypvtltd
#RealEstate #RERA #RERARegistration #Property #CommercialProperty #Govt #Maharashtra #ResidentialProperty
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RERA registration is needed for people and organizations that purchase and sell properties. This was brought out by the Government of India to work on the principles of straightforwardness. It is critical to think about this type of registration. Getting this type of registration is vital, thus it is reasonable to use master outsider administrations for RERA.
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RERA Registration & Consulting Services
👉 If you are investing in real estate, you must register with RERA to protect your investment.
👉 RERA Registrations for your property are offered by 𝐁𝐢𝐳𝐢𝐮𝐫𝐢𝐬 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚 𝐋𝐭𝐝 at AFFORDABLE COSTS. Contact us for more details !!!
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Rera Easy
All professional rera services under one roof - Rera Easy
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Did You Know?
By 2025 it is predicted that the real estate industry would contribute about 25 % to India’s GDP
Contact Us: +91 9998581399, +91 9998558099
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RERA Registration | Real Estate Regulatory Authority Act
RERA Registration
RERA Registration- It is compulsory for all the residential and commercial estate projects to register with the Real Estate Regulatory Act, which was enacted in 2016 and came to force in 2017, if they fall under to criteria of registration i.e. either more than 500 Sq. or 8 or more apartments. It was implemented to establish a guideline for fair practice in handling real estate and properties. This Act gave a set of rule and regulations for agents to abide by for transactions regarding real estate or properties, to act as an authentication certificate for common people. It forbids the transaction regarding real estate and properties without the required registration under the RERA.
Functions of RERA Registration are mentioned below:
Real Estate Agents and Projects Registration.
Complaints Redressal.
Certifying Disclosures of Real Estate Projects to be made by Promoters.
Benefits
Disclosure of all the details required by the buyer for transaction and regular updates of the project to be given mandatorily for the projects registered under RERA registration.
Due to RERA registration, buyers are only supposed to pay for carpet area and not for complex building parts.
Since, 70 percent of the money collected from the buyers is kept in a separate account for the utilization for the completion of the project, projects registered under RERA registration are usually completed on time.
For the first 5 years, the responsibility is of builder for any defect in the project or building under the RERA registration for the benefit of the customers.
Complaint redressal regarding any issue or dispute within 120days of the complaint being made.
More Info: https://www.letscomply.com/rera-registration-real-estate-regulatory-authority-act/
Documents
Builder’s PAN Card details
Balance sheet and bank statements of the builder
Details of the apartment and Land by the builders.
Declaration about title of the builder.
Details of the Project
Agreement and other details of the ownership
Details of the persons involved in the project.
Procedure
Visit the official website of the RERA and register as a real estate.
Fill the details required like name, type of enterprise, registered address and upload the online form from the RERA agent registration.
Upload all scanned copies of the supporting documents.
After uploading and submitting the form, pay the registration fees.
You will receive the unique Real Estate Regulatory Authority Act registration number along with the RERA Registration certificate.
Other Information
RERA registration applies to both commercial and real estate properties of all the states of India.
In case of violation of rules and regulation along with guidelines of RERA might lead to imprisonment up to 3 years if violated by developers and 1 year if violated by agents and buyers.
Developers shall only ask 10% of the cost of the property as advanced payment for booking before signing the agreement.
No advertisement of the property without the registration with authority.
Developers shall not be allowed to do advertisements, offer, sell , market or take any book any plot without getting the registration from the authority.
The buyer can connect with the developer of the estate within 1 year of getting possession in order to demand the shortcomings.
Click here for- How to file a complaint under RERA
Contact Us:
+91-97-1707-0500
+91-11-42662177-78-79
https://www.letscomply.com/
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RERA Consultants provides you amazing and honest Real Estate services for your property, RERA is a Real Estate Regulatory Authority introduces by the central government.
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Rera Consultants brings latest updates from Real Estate field such as Rera Registration, Rera Compliance and Rera litigation for those home buyers who are facing problem please get in touch at +91-9205268086 and resolve all legal aspects.
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#RERARegistrationInGujarat#RERARegistrationInSurat#RERAProjectRegistrationInGujarat#RERARulesInGujarat#RERARegistration#RERANumber#RERARegistrationNumber#RERAConsultants#ListOfReraConsultantsInSurat#RERAProjectRegistration
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RT https://t.co/NJERopIFBs https://t.co/o9dj2yM6iR #ReraIndia #ReraRegistration #ReraConsultants #Re… https://t.co/gmbwoVx3P4
RT https://t.co/NJERopIFBs https://t.co/o9dj2yM6iR #ReraIndia #ReraRegistration #ReraConsultants #RealEstate #Re… http://pic.twitter.com/gmbwoVx3P4
— Real Estate Agent AU (@real_estateau) July 26, 2017
Source: @real_estateau July 26, 2017 at 05:05PM
More info Real Estate Agents Sunshine Coast
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RERA REGISTRATION
To build the measure of straightforwardness in land dealings (purchasing and selling), the public authority of India proclaimed the RERA Act in 2016. This demonstration was brought out because of address the prerequisites of purchasers, merchants, intermediaries and other concerned partners in the real estate industry. There have been numerous revisions since the origin of the demonstration. Thus every one of the concerned partners require a comprehension on how RERA applies to real estate area. Prior to the execution of the RERA there was no type of straightforwardness or responsibility in the real estate area. Furthermore dealings with specialists like the SEBI, IRDAI and TRAI were not thought of. The Real Estate (Regulation and Development) Act, 2016, (RERA) was authorized in May 2016. Because of this guideline, all foundations, go-betweens and other approved bodies should get this type of enlistment.
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#rera, #reraregistration #rerafiling #rerainmaharashtra
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