RERA: A Daydream for Haryana to Come True
Haryana Cabinet has validated Haryana RERA Rules, making Haryana 23rd State has notified the RERA Rules.
Haryana Cabinet has validated Haryana RERA Rules, making Haryana 23rd State has notified the RERA Rules.
Since there has been a delay in RERA Filing, the developers are hoping that Center may extend the deadline as it may invite a whale of fine.
As per section 3 and 4 of Real Estate (Regulation & Development) Act, 2016 (RERA) readwith Rule 3 of above rules, no promoter/developer can sell, advertise
As per section 3 & 4 of ‘Real Estate (Regulation & Development) Act, 2016 readwith rule 4 of above Rules, for the real Estate projects that are ongoing
As per section 3 and 4 of Real Estate (Regulation & Development) Act, 2016 (REDA) readwith Rule 3 of above rules, no promoter/developer can sell, advertise, market, book
As per section 3 & 4 of ‘Real Estate (Regulation & Development) Act, 2016 read-with rule 4 of above Rules, for the real Estate projects that are ongoing and have not received completion certificate
As per section 3 and 4 of Real Estate (Regulation & Development) Act, 2016 (REDA) read-with Rule 3 of above rules, no promoter/developer can sell, advertise
The real Estate projects that are ongoing and have not received completion certificate or occupancy certificate, on the date of commencement of the Act, i.e. 01/05/2017, the respective promoter shall be required to get registered with RERA
every promoter shall get the eligible real estate project, registered with RERA authority before sale/promotion/advertisement/booking etc.
As per REDA, no promoter can sell/book/advertise or enter any agreement for sale any part of the project without prior registration with RERA authority.
Buyers will get a more transparent property search, sourcing and purchase experience with the legislation being followed in letter and spirit.
Real Estate projects that are ongoing and have not received a completion certificate, on the date of commencement of the Act, the promoter shall, within a period of 3 months from the date of commencement.
Real Estate projects that are ongoing and have not received a completion certificate, on the date of commencement of the Act, the promoter shall, within a period of 3 months from date of commencement, shall make application in triplicate for registration of the project.
At one place, where the Act specifies the details rules and regulation for proper registration and transparency, the Act also prescribes penalty for different kind of offenses.
As per section 3 of The Real Estate (Regulation and Development) Act, 2016 (here-in-after referred as RERA), which has come into force from 1st May, 2016 and has been notified to be commenced w.e.f. from 1st May 2017.