Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 8

PROVISIONS UNDER RERA

 IT IS MANDATORY FOR THE DEVEOPER TO REGISTER


THE PROJECT UNDER RERA ALONG WITH VALID
REGISTRATION NUMBER.
 EVERY PROJECT MEASURING MORE THAN 500 SQMTS
OR MORE THAN 8 APARTMENTS WILL HAVE TO BE
REGISTERED WITH RERA.
 PLANS AND PERMISSIONS CAN BE CHANGED ONLY
WITH THE PERMISSION FROM 2/3 RD BUYERS.
 IT IS IMPORTANT TO COMPENSATE THE CONSUMER
FOR THE TIME DELAY.
ADVANTAGES FOR
PURCHASER
 THE BUYER CAN VIEW THE PROJECT RELATED DOCUMENTS ON
THE ONLINE INFORMATION PAGE OF RERA.

 UPLOADING OF SANCTIONED DOCUMENTS WITHIN 3 MONTHS OF


REGISTRATION.

 THE PROMOTER HAS TO REGISTER THE PROJECT AND FORM


THE SOCIETY AS EARLY AS POSSIBLE EVEN IF THE PROJECT IS
UNDER CONSTRUCTION FOR THE BUYER TO HAVE A EASE IN
FURTHER PROCESSING FOR BUYING.
ADVANTAGES TO DEVELOPER

 TRANSPERENT TRANCTIONS FROM THE BUYERS END.

 FREE TO PROPOSE AND GET ALL THE REQIRED


PERMISSION FROM THE AUTHORITYS AS SOON AS
POSSIBLE.

 GOVERNING BODYS WILL NOT INTERFERE UNLESS


MENTIONED OR COMPLAINED.
ADVANTAGES TO AGENTS
 1. AS PER THE GOVERNMENT RULES, ONLY REGISTERED
AGENTS ARE LEGALLY ALLOWED TO FUNCTION IN THE
REAL ESTATE BUSINESS.

 2. IT IS STRESSED THAT THE REAL ESTATE AGENTS,


ARCHITECTS, STRUCTURAL ENGINEERS AND SIMILAR
PARTIES HAVE TO REPORT TO THE APPELLATE FOR
GUIDELINES.
CASE STUDY FOR RERA
 NAME OF THE PROJECT:JEEVAN HEIGHTS

 TYPE OF PROJECT:COMPLETE RESIDENTIAL


(S.R.A)

 LOCATION:NEAR BUNDER BOHKARDI MARG


KANDIVALI(W)

 PROMOTER: J.P DEVELOPERS


JEEVAN HEIGHTS
INFORMATION PROVIDED
 DECLARATION CERTIFICATE
 AGREEMENT FOR SALE
 ALLOTMENT LETTER
 PAYMENT SCHEDULE
KNOWLEDGE GAINED
 BY HAVING A CASE STUDY FOR
THE SITE WE CAME TO KNOW
ABOUT RERA RULES BEING
FOLLOWED BY THE DEVELOPER.
 WE ALSO CAME TO KNOW FOR
BETTER TRANSPERENCY RERA IS
IMPORTANT AT PROJECT
PROMOTION.

You might also like