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Real Estate Forum on Legal in Vishrant Wadi, Pune

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Q: I am planning to construct a residential project for my family where the plot area would be more than 500 sq. mtrs. and number of units would be more than 8 but these units are not for sale to anybody or to public

In this scenario do I need to apply for RERA registration? Because I understand the main purpose of RERA is to protect the allotees (home buyers) from the malpractice of the builders but in my case since I do not intend to sale the units the buyer would not come in picture.
Latest Answer: Timely Delivery of property otherwise builder has to pay fine and interest on property. No more change in floor and master plan as builder has to develop projects as per the passed plan, cannot manipulate as per his choice.
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