Expert RERA Consultants
I – Documentation Requirements of Real Estate Agent Registration Every agent must submit following details in a written form in order to fulfil the application. (a). An agent must provide brief details of his work and company. This will include his name, company’s name, type of enterprise etc. (b). The information for registration should include …
Continue reading “MoHUPA’s Draft for Real Estate Agents Based on Real Estate Act of 2016”
(a). Pan card of the promoter/builder. (b). The information of income tax returns for the three previous financial years with the audited balance sheet of the promoter/builder of the previous financial year. (c). The promoter/builder must clarify the number of open parking spaces. (d). A legal copy which certifies the possession of the land in …
Reflecting the on-going problems in real estate of India, the government passed a RERA (Real Estate Regulatory Authority) Bill on 1st May 2016. The bill was a part of Real Estate (Regulation and Development) Act of 2016 which was pioneered by Ministry of Housing and Urban Poverty Alleviation (HUPA). RERA contains the set of rules …
Real estate developers would soon have to divulge details of all projects, litigations, track record of promoters and declare there would be no discrimination against any allottee. The ministry of housing and poverty alleviation has formulated draft rules under Real Estate (Development and Regulation) Act 2016, The Real Estate (Regulation and Development) Act 2016, which …
The policies under RERA (Real Estate Regulatory and Authority) are made very intelligently from the policy makers of this country. Its new clause that every real estate project must have its own account and that account should have at least 50% funds from the buyers, has a potential to end the miseries faced by many …
Continue reading “Minimum 50% Fund in Project’s Account is a Must: RERA”
Real Estate Regulatory and Authority (RERA) has brought laws which can organise the real estate sector of India. The policy makers have carefully read the grievances of buyers, promoters, agents and have made laws according to that. One field where buyers often get cheated is or a builder misuses government policies’ loopholes is the undefined …
Continue reading “Outlining Coordinates in RERA is a Big Step Towards Transparency”
