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Who Should issue Audit Report under RERA

April 15, 2020 12003 Views 1 comment Print

Certificate by a Chartered Accountant is to be issued with set of objects and intentions with an intent to express the professional opinion or state the facts based on the information, explanation, documents received from the promoter.

AP RERA- Skill, Safety, Third Party Certification on all Projects

February 20, 2020 1356 Views 0 comment Print

Circular No.: A/1104/2019, Dt:20-01-2020. General Direction to the Promoters as per the Section 37 of the RERA Act Andhra Pradesh Real Estate Regulatory Authority Circular No. A/1104/2019, Dt 20.01.2020. The Parliament has enacted ‘The Real Estate (Regulation and Development) Act 2016‘, to establish the Real Estate Regulatory Authority for regulation and promotion of the real […]

RERA Updates for various states for December 2019

January 24, 2020 3162 Views 0 comment Print

We bring to you our periodical update on RERA. This edition contains the following – 1. Circulars and Notifications issued by Karnataka RERA 2. Circulars, Notifications, Orders issued by Maha RERA 3. Circulars & Notifications with respect to quarterly updates, late fees for delay registration etc., as issued by AP RERA 4. Circulars, Notifications, Orders, […]

RERA Bank Account Directions 2019 by Karnataka RERA

January 24, 2020 5361 Views 0 comment Print

Karnataka RERA Updates This Circular is guidance to the stake holders (promoters, professionals, financial institution, Allottees etc) in relation to Designated bank account opening, operation with reference to Sec 4(2)(l)(D) of the RERA Act for a Real Estate Project. Circular No 8 – RERA/ADM/CR-116/2019-20 issued on 07-01-2020 called RERA Bank Account Directions 2019 Important aspects […]

Karnataka Real Estate Appellate Tribunal

January 19, 2020 8637 Views 2 comments Print

Section 43 of The Real Estate (Regulation and Development) Act, 2016 contemplates establishment of the Real Estate Appellate Tribunal as a first appellate forum to deal with grievances against any direction or decision or order made by the Real Estate Regulatory Authority or by an Adjudicating officer, under the Act. In pursuance, thereof the government […]

Kerala RERA Rules and Registration

December 27, 2019 7419 Views 0 comment Print

Kerala RERA Rules Kerala Real Estate (Regulation & Development) Rules, 2018 Kerala has notified the Kerala Real Estate (Regulation and Development) Rules 2018 on 18th June 2018 vide GO (P) No. 46/2018/LSGD and has constituted Kerala Real Estate Regulatory Authority on 5th October 2019. Sri. P.H. Kurian IAS (Retd) has assumes charge as Chairman and […]

Note on Kerala Real Estate (Regulation and Development) Rules 2018

December 24, 2019 2154 Views 0 comment Print

Kerala RERA –  Kerala has notified the Kerala Real Estate (Regulation and Development) Rules 2018 on 18th June 2018 vide GO (P) No. 46/2018/LSGD and has constituted Kerala Real Estate Regulatory Authority on 5th October 2019. Sri. P.H. Kurian IAS (Retd) has assumes charge as Chairman and Adv. Preetha P Menon has assumed charge as […]

The Model Tenancy Act, 2019

December 24, 2019 3093 Views 0 comment Print

The Draft Model Tenancy Act, 2019 proposes to create a legal framework to bring harmony to the landlord-tenant relationships and balance the scale for both the parties. This Act aims to bring stakeholders together and bring rental housing reforms to create an effective rental housing ecosystem in the country India has nearly 11.09 million vacant housing units in urban areas and legal framework […]

Completion of Project under RERA

December 24, 2019 32226 Views 2 comments Print

The main objective of Real Estate (Regulation and Development) Act, 2016 (RERA) is to enhance transparency, accountability in the real estate related transactions by creating a systematic and a uniform regulatory environment, thereby protecting consumers’ interest and making promoters liable for timely completion of projects along with committed specifications, facilities and amenities. In order to […]

RERA Advertisement – Good Practice

October 9, 2019 12081 Views 1 comment Print

A Real Estate project can be advertised after registration with concerned real estate regulatory authority subject to compliance of the necessary directions as per the provisions of The Real Estate (Regulation and Development) Act, 2016 (RERA). (1) The advertisement materials under RERA may include any materials describing the details of project which is marketed and […]

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