Real Estate Forum on Rera

Latest Answer: Developers who do not register project with their STATE RERA will not have permission to launch the projects in the state or conduct any marketing activities. Yes, you can do a demand survey without mentioning the project name and details.

Latest Answer: The RERA authority may extend the registration granted to a project on the basis of the facts of the case, where the delay in the particular project is not due to default on the part of the promoter. However, in any circumstance, such extension shall not exceed a period of one year. As this project has already get extension by the RERA authority, this time they will have to pay penalty and the compensation to the buyers.

Latest Answer: Most property contracts provide an estimated stipulation of the time period for construction. Please go through your contact papers to figure out the duration. If the possession date is 31st December 2018, then your builder has to give the possession on the given time otherwise he has to pay the penalty up to 10% of the property cost.

Latest Answer: You can contact Trust able property adviser like 9811750130

Latest Answer: Major Benefits of the RERA Act for Buyers Right to Information About the Property. This is one main advantage of the RERA act in favor of the home buyer.

Latest Answer: According to the RERA, carpet area is defined as the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment. A similar provision exists in MOFA with the difference that the percentage prescribed is 20 percent in place of 10 percent in RERA.

Latest Answer: In simple words, the answer is yes. You can send a legal notice to them under the act of non-registration. If you require any kind of legal assistance to make a legal notice, you can log on to edrafter.in

Latest Answer: avail rera license registration for builders and agents in delhi ncr, gurgaon, india at best rates.

Latest Answer: get full consultation on rera license registration for builders and agents. Inquire at 8586806283 or visit our website GSBtaxation

Latest Answer: Yes, there is a LEGAL & hassle free solution. Many promoters are also using RERA Compliant services to do their referrals legally. Loyalie is one such platform which makes referrals legal and hassle free for all. Loyalie has extensively worked with real estate companies across all India helping them ease their problems. The platform allows easy tracking and monitoring of all referrals from a single dashboard. It is easy to use and a very innovative solution under new RERA guidelines. Click here if you as a promoter want to beat your competitors and make your referrals legal.