RERA Advisory

With a view to regularize the transactions in the real estate, Real Estate (Regulation and Development) Act was passed in March 2016. Following are the key features of RERA:

Key Features of RERA

 - Promoters of the project have to register commercial or residential projects with 500 sq. Meters under RERA before booking, selling or offering for sale.

 - 70% of the money to be put into a separate account to meet the construction cost. Not more than 10% of the cost can be recovered as advance payment before signing the registered sale agreement.

 - Quarterly compliance's needs to be performed with respect to certification of costs and Project completion from Chartered Accountant, Engineer and Architect

Objectives of RERA

Objectives of RERA

RERA Services Offerings

RERA Services Offerings