RERA

Important Due Dates and timelines under RERA

RERA compliance is an important part of real estate transactions. But what is it, and how do real estate developers and buyers ensure RERA compliance? The Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation enacted to regulate the real estate sector in India. It aims to protect the interests of homebuyers […]

Section 40 – Real Estate (Regulation and Development) Act, 2016

Removal of doubts If any doubt arises, relating to interpretation of these rules, decision of the State Government shall be final.FORM-A[see rule 3(2)]APPLICATION FOR REGISTRATION OF PROJECTToThe Real Estate Regulatory AuthorityRajasthan, JaipurSir,I/We hereby apply for the grant of registration of my/our project to be set up at _________Tehsil __________ District _________ State __________.1. The requisite

Section 37- Real Estate (Regulation and Development) Act, 2016

Budget, accounts and audit – (1) The Authority shall maintain proper accounts of itsfunds and other relevant records. At the end of each financial year, the Authority shall prepare abudget and an annual statement of accounts. The annual statement of accounts shall be prepared inForm-P.21(2) The Authority shall preserve the accounts and other relevant records

Section 36 – Real Estate (Regulation and Development) Act, 2016

Manner of filing a complaint with the adjudicating officer and the manner of holding an inquiry by the adjudicating officer (1) Any aggrieved person may file a complaintwith the adjudicating officer for interest and compensation under section 12, 14, 18 and 19 inForm-O, in triplicate until the application procedure is made web based, which shall

Section 34 – Real Estate (Regulation and Development) Act, 2016

Terms and conditions and the fine payable for compounding of offence (1) Thecourt may compound any offence specified under section 70 on payment of amount as specified inthe table given below:-Table- S.N. Offence Amount to be paid for compounding the offence1 2 31. Punishable with imprisonment undersub-section (2) of section 59five percent of the estimated

Section 33 – Real Estate (Regulation and Development) Act, 2016

Administrative powers of the Chairperson of the Appellate Tribunal The administrative powers of the Chairperson of the Appellate Tribunal shall include making decisionssubject to prevailing service rules applicable on the State Government employees pertaining toStaff and Officers, budget provisions and general directions of the State Government with regardto the following:-(a) all matters pertaining to creation

Section 32 – Real Estate (Regulation and Development) Act, 2016

Additional powers of the Appellate Tribunal – (1) In addition to the powers specifiedin of section 53, the Appellate Tribunal shall exercise the following additional powers, namely:-(a) require the promoter, allottee or real estate agent to furnish in writing suchinformation or explanation or produce such documents within such reasonabletime, as it may deem necessary; and(b)