Real estate is a industry with wide range of variations based on regional and economic dynamics, which often confuses the consumers on what basis they have to prioritize and invest. On the other end Promoters/developers at times also will not be able to justify their quality of construction, genuinity of legal documents.
Understand the significance of Year-End Reconciliation in the Real Estate sector under RERA. Explore key aspects like project registration, financial management, compliance checklists, and reconciliation with stakeholders. Ensure accurate reporting to comply with legal, regulatory, and accounting requirements.
RERA is a central law aimed at regulating and Development of the Indian real estate sector and safeguarding the interests of home buyers. RERA Act lays down strict norms for the promoters (builders and developers) to ensure transparency and accountability in their transactions with Allottees (customers and other stakeholders).
Explore the intricacies of extending the completion date of a real estate project under Section 7(3) of the RERA Act 2016. Understand the application process, required documents, and conditions imposed by the RERA Authority. Stay compliant with RERA regulations for a seamless project development.
Section 7 of the RERA Act empowers the RERA Authority to revoke the RERA registration on receipt of complaint or suo motu or on the recommendation of the competent authority
Section 14 of RERA Act 2016 aims at protecting Allottees as against any changes being made either to specifications of individual unit or changes to sanctioned plans (as approved by planning authority) of Project at large, unilaterally, by Promoter.
Learn the essential functions and duties of promoters under the RERA Act 2016, ensuring compliance and transparency in the real estate sector. Expert insights provided.
Unlock insights into Karnataka Real Estate Regulatory Authority (RERA) with the 2022 General Regulations. Explore details on project registration, financial transparency, certification formats, and compliance. Stay informed to navigate the complexities of real estate regulations.
Discover the importance of the Land Owner – Promoter role under the RERA Act 2016. Learn how this regulation aims to bring professionalism and accountability to the real estate sector.
Learn about the Karnataka RERA audit requirements for 2022. Discover the new Form 7 and understand how to comply with financial and project regulations.
