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 and promote transparency and accountability in the sector. RERA mandates developers to register their projects with the respective state RERA authority before launching or advertising them. It also requires developers to disclose all relevant project information to potential buyers, including the project timeline, amenities, and payment schedule. RERA Compliance Important RERA compliance is important for both developers and buyers. For developers, RERA compliance helps to build trust and credibility with potential buyers. It also helps to avoid delays and disputes in project execution. For buyers, RERA compliance ensures that they are investing in a project that is backed by a credible developer and that is likely to be completed on time and within budget. RERA also provides buyers with a forum for redressal if they have any grievances against the developer. RERA Compliance Requirements for Developers Project registration: Developers must register their projects with the respective state RERA authority before launching or advertising them. Disclosure of project information: Developers must disclose all relevant project information to potential buyers, including the project timeline, amenities, and payment schedule. Use of escrow accounts: Developers must deposit all buyer payments into escrow accounts. This ensures that the funds are used for the intended purpose and are not diverted to other projects. Adherence to project timeline: Developers must adhere to the project timeline as approved by the RERA authority. If there are any delays, the developer must provide a valid reason and compensate the buyers accordingly. Delivery of completed units: Developers must deliver the completed units to buyers on the agreed-upon date. If there are any delays, the developer must provide a valid reason and compensate the buyers accordingly. Due Dates and timelines under RERA Sections Provisions of the Act Particulars S.3/S.4 Pre-Registration of Real Estate Project Obtain RERA registration upon receipt of the Authorized program (can be postponed if the purpose is not to sell immediately). S. 11 First Renewal / Post Registration Upon the Project Registration S. 11 with rules Quarterly Updates Within 15 days from the end of each quarterly term. Section 4(2)(L)(D) Audit of Accounts annually Within 6 months after the completion of the financial year Obtaining Certificates of Service –   Architect, Engineer, once Chartered Accountant Certificates of Architect, Engineer, and Chartered Accountant in Practice will be received on each withdrawal of funds from the RERA Designated bank account. Circular Completion Report Upon completion of 100% development (internal and external) to the project.   Report during the same quarterly termination Section 6 read with Rule Application for Extension of Expiration Date for the project Within 3 months before the deadline for registration S.14 Application for modification Before/after authorization of authority for any change of application for registration subject to change/amendment. Structural Defect Warranty By Developer Five years from the date of transfer to the allottee. Attend to Structural defect by the promoter Rectification of defects by promoters without further charge, within thirty days from the date of notice Section 11 Formation of the Association of Allottees It shall be formed within three months of the majority of allottees who booked a site/apartment. Section 17 Transfer of title Within 3 months from the issuance date of the certificate of occupancy. Conveyance of plot/apartment Transfer deed after obtaining a residence permit (occupancy certificate). Hand-over:   Required documents programs or plans which includes common areas in the association of allottees Within 30 days after receipt of the occupancy certificate Section 18 r/w rule Reimbursement/return of amount on Cancellation Within 30/60 days of such Cancellation Section 5 Provision for grant of Registration by authority for the real estate authority Within 30 days from the application date. Benefits of RERA Compliance For Developers RERA compliance helps developers build trust and credibility with potential buyers, which can lead to increased sales and higher profits. It also helps to reduce disputes between developers and buyers, saving developers time and money. Additionally, RERA compliance helps developers improve their project execution by requiring them to have a clear plan in place for the project and to stick to the approved timeline and budget. In short, RERA compliance is beneficial for developers in a number of ways, including: Increased sales and profits Reduced disputes Improved project execution Enhanced credibility and trust with buyers By complying with RERA, developers can create a more transparent and accountable real estate sector, which benefits all stakeholders involved. For Buyers RERA compliance protects the interests of buyers in a number of ways. For example, RERA requires developers to disclose all relevant project information to buyers and to deposit all buyer payments into escrow accounts. This ensures that buyers are well-informed about the project they are investing in and that their funds are safe and secure. RERA compliance also helps to ensure that projects are completed on time and within budget. This is because RERA requires developers to adhere to the approved project timeline and to compensate buyers for any delays. This gives buyers peace of mind, knowing that they will receive their completed unit as scheduled. Finally, RERA provides buyers with a forum for redressal if they have any grievances against the developer. This can help buyers to resolve their disputes quickly and efficiently. For example, if a buyer is not satisfied with the quality of construction or if the developer delays the project, they can file a complaint with the RERA authority. The RERA authority will then investigate the complaint and take appropriate action against the developer. RERA Advisory Avoid the hassle of requesting from various promotional project planners to extend the timeline for the completion of their real estate project, regional/union regulatory authorities may issue the following orders/directions in respect of all registered projects when the completion date, updated completion date or extended completion date as registration ends March 25,

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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 particulars are as under:-(i) Status of the applicant, whether individual / company / proprietorship firm /society/trust/ limited liability partnership / competent authority:………………………………………..(ii) (In case of individual)(a) Name:(b) Father’s Name:(c) Occupation:(d) Permanent address:(e) Photograph:(f) Contact details (Phone No., e-mail, Fax No.):or(In case of firm / society / trust / company / limited liability partnership / competent authority etc.)(a) Name:(b) Address:(c) Copy of registration certificate as firm / society / trust / company / limitedliability partnership / competent authority etc:(d) Main objects:(e) Name, photograph and address of chairman/partner/director and authorisedperson etc.:(iii) PAN Number of the promoter: _________(iv) Name and address of the bank or banker with which account in terms of sub-clause(D) of clause (l) of sub-section (2) of section 4 of the Real Estate (Regulation andDevelopment) Act, 2016 will be maintained __________:(v) Details of project land ____________:(vi) Brief details of the projects launched by the promoter in the last five years, whetheralready completed or being developed, as the case may be, including the current23status of the said projects, any delay in its completion, details of cases pendingrelated to project land, details of type of land and payments pending etc.__________________________________:(vii) Agency to take up external development works ___________ Local Authority / SelfDevelopment:(viii) Registration fee by way of a demand draft/bankers cheque dated ________drawn on_____________________ bearing number ______ for an amount ofRs._______________/- calculated as per sub-rule (3) of rule 3 of the Rajasthan RealEstate (Regulation and Development) Rules, 2017 or through online payment as thecase may be……….(give details of online payment such as transaction number,date etc.):(ix) Any other information the applicant may like to furnish.2. I/we enclose the following documents in triplicate, namely:-(i) authenticated copy of the PAN card of the promoter:(ii) audited balance sheet of the promoter for the preceding financial year:(iii) copy of the legal title deed reflecting the title of the promoter to the land on whichthe real estate project is proposed to be developed along with legally validdocuments for chain of title with authentication of such title:(iv) the details of encumbrances on the land on which development is proposedincluding any rights, title, interest or name of any party in or over such land alongwith details:(v) where the promoter is not the owner of the land on which development is proposeddetails of the consent of the owner of the land along with a copy of the collaborationagreement, development agreement, joint development agreement or any otheragreement, as the case may be, duly executed, entered into between the promoterand such owner and copies of title and other documents reflecting the title of suchowner on the land proposed to be developed:(vi) an authenticated copy of the approvals and commencement certificate (whereverrequired under local law) from the competent authority obtained in accordance withthe laws as may be applicable for the real estate project mentioned in theapplication, and where the project is proposed to be developed in phases, anauthenticated copy of the approvals and commencement certificate (whereverrequired under local law) from the competent authority for each of such phases:(vii) the sanctioned plan, layout plan and specifications of the proposed project or thephase thereof, and the whole project as sanctioned by the competent authority:(viii) the plan of development works to be executed in the proposed project and theproposed facilities to be provided thereof including fire-fighting facilities, drinkingwater facilities (wherever applicable) emergency evacuation services, use ofrenewable energy:(ix) the location details of the project, with clear demarcation of land dedicated for theproject along with its boundaries including the latitude and longitude of the endpoints of the project:(x) proforma of the allotment letter, agreement for sale, and the conveyance deedproposed to be executed with the allottees:24(xi) the number, type and the carpet area of apartments for sale in the project along withthe area of the exclusive balcony or verandah areas and the exclusive open terraceareas with the apartment, if any:(xii) the number and areas of garage for sale in the project:(xiii) the number of parking areas in each type of parking such as open, basement, stilt,mechanical parking etc. available in the real estate project:(xiv) the names and addresses of his real estate agents, if any, for the proposed project:(xv) the names and addresses of the contractors, architect, structural engineer, if any andother persons concerned with the development of the proposed project:(xvi) a declaration in Form-B.(Note: If any of the above items is not applicable write “N.A.” against the appropriateitems)3. I/We enclose the following additional documents and information regarding ongoingprojects, as required under rule 4 of the Rajasthan Real Estate (Regulation and Development)Rules, 2017 and other provisions of the Act, rules and regulations made thereunder, namely:-(i)(ii)(iii)…..4. I/We solemnly affirm and declare that the particulars given in herein are correct tomy /our knowledge and belief.Yours faithfully,Signature and seal of the applicant(s)Date:Place:25FORM-B[see rule 3(4)]DECLARATIONAffidavit cum Declaration of Mr./Ms. _________ promoter of the proposed project / dulyauthorized by the promoter of the proposed project vide its/his/their authorization dated______:I, _________ Son/Daughter/Wife of _________ aged _________ R/o _________ promoter of theproposed project / duly authorized by the promoter of the proposed project do hereby solemnlydeclare, undertake and state as under:1. That I / promoter have / has a legal title to the land on which the development of the project isproposedorthe land is owned by _________________who have/has a legal title to the land on which thedevelopment of the proposed project is to be carried out and a legally valid authentication oftitle of such land along with an authenticated copy of the agreement between such owner andpromoter for development of the real estate project or phase thereof, as the case may be, isenclosed with application.2. That the said land is free from all encumbrances.orThat details of encumbrances ________________ including details of any rights, title, interestor name of any party in

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Section 39 – Real Estate (Regulation and Development) Act, 2016

Procedure for inquiry of the charges against the Chairperson or Member of the Authority or the Appellate Tribunal (1) In the event of the State Government becoming awareof occurrence of any of the circumstances specified in clause (d) or clause (e) of sub-section (1) ofsection 26 in case of a Chairperson or Member of the Authority or as specified under sub-section(1) of section 49 in case of a Chairperson or Member of the Appellate Tribunal, either by receipt ofa complaint in this regard or suo motu, as the case may be, the State Government shall make apreliminary scrutiny with respect to such charges against the Chairperson or any Member of theAuthority or Appellate Tribunal, as the case may be.(2) If, on preliminary scrutiny, the State Government considers it necessary to investigateinto the allegation, it shall place the complaint, if any, together with supporting material as may beavailable, before the Chief Justice of the High Court to appoint a seating Judge of the High Court.(3) The State Government shall forward to the Judge, appointed under sub-rules (2) copiesof,-(a) the statement of charges against the Chairperson or Member of the Authority orAppellate Tribunal, as the case may be; and(b) material documents relevant to the inquiry.(4) The Chairperson or Member of the Authority or Appellate Tribunal, as the case may be,shall be given a reasonable opportunity of being heard with respect to the charges within the timeperiod as may be specified in this behalf by the Judge conducting the enquire in the matter .(5) Where it is alleged that the Chairperson or Member of the Authority or AppellateTribunal is unable to discharge the duties of his office efficiently due to any physical or mentalincapacity and the allegation is denied, the such Judge may arrange for the medical examination ofthe Chairperson or Member of the Authority or Appellate Tribunal.(6) After the conclusion of the investigation, the Judge shall submit his report to the StateGovernment stating therein his findings and the reasons thereof on each of the articles of chargesseparately with such observations on the whole case as he thinks fit.(7) Thereafter, the State Government shall in consultation with the Chief Justice of the HighCourt decide to either remove or not to remove the Chairperson or Member of the Authority orAppellate Tribunal, as the case may be. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 38 – Real Estate (Regulation and Development) Act, 2016

Annual Report. (1)The Authority shall prepare, immediately after the end of thecalendar year, its annual report in Form-Q.(2) In addition to matters specified in section 78, the Authority may include in its AnnualReport such other matters as it deems fit.(3) The annual report shall, after adoption at a meeting of the Authority and singed by theChairperson and Members and authenticated by affixing the common seal of the Authority, withrequisite number of copies thereof, be submitted to the State Government within a period of onehundred and eighty days immediately following the close of the year for which it has beenprepared. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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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 prepared undersub-rule (1) for a minimum period of five years.(3) The accounts and other relevant records prepared under sub-rule (1) shall be signed bythe Chairperson, Members, Secretary and the Officer in-charge of Finance and Accounts.38. Annual Report.- (1)The Authority shall prepare, immediately after the end of thecalendar year, its annual report in Form-Q.(2) In addition to matters specified in section 78, the Authority may include in its AnnualReport such other matters as it deems fit.(3) The annual report shall, after adoption at a meeting of the Authority and singed by theChairperson and Members and authenticated by affixing the common seal of the Authority, withrequisite number of copies thereof, be submitted to the State Government within a period of onehundred and eighty days immediately following the close of the year for which it has beenprepared. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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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 beaccompanied by a fee of rupees one thousand in the form of a demand draft or bankers chequedrawn on a nationalized bank in favor of Authority and payable at the branch of that bank at thestation where the seat of the said Authority is situated or through online payment, as the case maybe.(2) The adjudicating officer shall for the purposes of adjudging interest and compensationfollow summary procedure for inquiry in the following manner, namely:-(a) upon receipt of the complaint the adjudicating officer shall issue a notice alongwith particulars of the alleged contravention and the relevant documents to thepromoter;(b) the promoter against whom such notice is issued under clause (a) of sub-rule(2)may file his reply in respect of the complaint within the period as specified in thenotice;(c) the notice may specify a date and time for further hearing and the date and timefor the hearing shall also be communicated to the complainant;(d) on the date so fixed, the adjudicating officer shall explain to the promoter aboutthe contravention alleged to have been committed in relation to any of theprovisions of the Act or the rules and regulations made thereunder and if thepromoter,-(i) pleads guilty, the adjudicating officer shall record the plea, and by order inwriting, order payment of interest as specified in rule 17 and such20compensation as he thinks fit, as the case may be, in accordance with theprovisions of the Act or the rules and regulations, made thereunder;(ii) does not plead guilty and contests the complaint the adjudicating officer shalldemand and explanation from the promoter;(e) in case the adjudicating officer is satisfied on the basis of the submissions madethat the complaint does not require any further inquiry it may dismiss thecomplaint;(f) in case the adjudicating officer is satisfied on the basis of the submissions madethat the there is need for further hearing into the complaint it may order productionof documents or other evidence on a date and time fixed by him;(g) the adjudicating officer shall have the power to carry out an inquiry into thecomplaint on the basis of documents and submissions;(h) the adjudicating officer shall have the power to summon and enforce theattendance of any person acquainted with the facts and circumstances of the caseto give evidence or the produce any documents which in the opinion of theadjudicating officer, may be useful for or relevant to the subject matter of theinquiry;(i) on the date so fixed, the adjudicating officer upon consideration of the evidenceproduced before him and other records and submissions is satisfied that thepromoter is,-(i) liable to pay interest or compensation or both, as case may be, the adjudicatingofficer may, by order in writing, order payment of interest as specified in rule17 and such compensation, as he thinks fit, as the case may be, in accordancewith the provisions of the Act, rules and regulations made thereunder;(ii) not liable to pay any interest or compensation or both, as case may be, theadjudicating officer may, by order in writing, dismiss the complaint, withreasons to be recorded in writing;(j) if any person fails, neglects or refuses to appear, or present himself as requiredbefore the adjudicating officer, the adjudicating officer shall have the power toproceed with the inquiry in the absence of such person or persons after recordingthe reasons for doing so.(3) The procedure for day to day functioning of the adjudicating officer, which have notbeen provided by the Act or the rules made thereunder, shall be as specified by regulations madeby the Authority.(4) Where a party to the complaint is represented by an authorised person, as providedunder section 56, a copy of the authorisation to act as such and the written consent thereto by suchauthorised person, both in original, shall be appended to the complaint or the reply to the notice ofthe complaint, as the case may be. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search

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

Section 35 – Real Estate (Regulation and Development) Act, 2016

Manner of filing a complaint with the Authority and the manner of holding an inquiry by the Authority (1) Any aggrieved person may file a complaint with the Authority forany violation under the Act or the rules and regulations made thereunder, save as those provided tobe adjudicated by the adjudicating officer, in Form-N, in triplicate until the application procedureis made web based, which shall be accompanied by a fee of rupees one thousand in the form of ademand draft or bankers cheque drawn on a nationalised bank in favor of Authority and payable atthe branch of that bank at the station where the seat of the said Authority is situated or throughonline payment, as the case may be.(2) The Authority shall for the purposes of deciding any complaint as specified under subrule (1), follow summary procedure for inquiry in the following manner, namely:-(a) upon receipt of the complaint, the Authority shall issue a notice along withparticulars of the alleged contravention and the relevant documents to therespondent;(b) the respondent against whom such notice is issued under clause (a) above, mayfile his reply in respect of the complaint within the period as specified in thenotice;(c) the notice may specify a date and time for further hearing and the date and timefor the hearing shall also be communicated to the complainant;(d) on the date so fixed, the Authority shall explain to the respondent about thecontravention alleged to have been committed in relation to any of theprovisions of the Act or the rules and regulations made thereunder and if therespondent,-(i) pleads guilty, the Authority shall record the plea, and pass such ordersincluding imposition of penalty as it thinks fit in accordance with theprovisions of the Act or the rules and regulations, made thereunder;(ii) does not plead guilty and contests the complaint the Authority shalldemand an explanation from the respondent;(e) in case the Authority is satisfied on the basis of the submissions made that thecomplaint does not require any further inquiry it may dismiss the complaint;(f) in case the Authority is satisfied on the basis of the submissions made that thethere is need for further hearing into the complaint it may order production ofdocuments or other evidence on a date and time fixed by it;(g) the Authority shall have the power to carry out an inquiry into the complaint onthe basis of documents and submissions;(h) the Authority shall have the power to summon and enforce the attendance ofany person acquainted with the facts and circumstances of the case to giveevidence or the produce any documents which in the opinion of the Authority,may be useful for or relevant to the subject matter of the inquiry;19(i) on the date so fixed, the Authority upon consideration of the evidence producedbefore it and other records and submissions is satisfied that,-(i) the respondent is in contravention of the provisions of the Act or therules and regulations made thereunder it shall pass such ordersincluding imposition of penalty as it thinks fit in accordance with theprovisions of the Act or the rules and regulations made thereunder;(ii) the respondent is not in contravention of the provisions of the Act orthe rules and regulations made thereunder, the Authority may, by orderin writing, dismiss the complaint, with reasons to be recorded inwriting.(j) if any person fails, neglects or refuses to appear, or present himself as requiredbefore the Authority, the Authority shall have the power to proceed with theinquiry in the absence of such person or persons after recording the reasons fordoing so.(3) The procedure for day to day functioning of the Authority, which have not beenprovided by the Act or the rules made thereunder, shall be as specified by regulations made by theAuthority.(4) Where a party to the complaint is represented by an authorised person, as providedunder section 56, a copy of the authorisation to act as such and the written consent thereto by suchauthorised person, both in original, shall be appended to the complaint or the reply to the notice ofthe complaint, as the case may be. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr

Section 35 – Real Estate (Regulation and Development) Act, 2016 Read More »

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 cost of the real estateproject2. Punishable with imprisonment undersection 64five percent of the estimated cost of the real estateproject3. Punishable with imprisonment undersection 66five percent of the estimated cost of the plot,apartment or building, as the case may be, of the realestate project, for which the sale or purchase has beenfacilitated4. Punishable with imprisonment undersection 68five percent of the cost of the plot, apartment orbuilding, as the case may be(2) On payment of the amount in accordance with sub-rule (1) and subsequent tocompliance of the orders of the Authority or Appellate Tribunal as provided under sub-rule (4),any person in custody in connection with that offence shall be set at liberty and no proceedingsshall be instituted or continued against such person in any court.18(3) The acceptance of the amount for compounding an offence under sub-rule (1), by theCourt shall be deemed to an acquittal within the meaning of section 300 of the Code of CriminalProcedure, 1973.(4) The promoter, allottee or real estate agent, as the case may be, shall comply with theorders of the Authority or the Appellate Tribunal, within the period specified by the court, whichshall not be more than thirty days from the date of compounding of the offence. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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

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 and abolition of posts;(b) all matters pertaining to appointments, promotions and confirmation for allposts;(c) acceptance of resignation by any Member, officer or employee;(d) officiating arrangements against sanctioned posts;(e) authorisation of tours to be undertaken by any Member, officer or employee,within India and allowance to be granted for the same;(f) all matters in relation to reimbursement of medical claims;(g) all matters in relation to grant or rejection of leaves.(h) permission for hiring of vehicles for official use;(i) nominations for attending seminars, conferences and training courses in Indiaor abroad;(j) permission for invitation of guests to carry out training course;(k) all matters pertaining to staff welfare expenses;(l) sanction scrapping or write-off of capital assets which due to normal wear andtear have become unserviceable or are considered beyond economical repairs;(m) all matters relating to disciplinary action against any officer or employee; and(n) any other powers that may be required for the efficient functioning of theAppellate Tribunal and enforcement of the provisions of the Act and theserules. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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

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) requisitioning, subject to the provisions of sections 123 and 124 of the IndianEvidence Act, 1872, any public record or document or copy of such record ordocument from any office.(2) The Appellate Tribunal may call upon such experts or consultants from the fields ofeconomics, commerce, accountancy, real estate, competition, construction, architecture orengineering or law or from any other discipline as it deems necessary, to assist the AppellateTribunal in the conduct of any inquiry or proceedings before it. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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