What is RERA or Real Estate Regulatory Authority скачать в хорошем качестве

What is RERA or Real Estate Regulatory Authority

Hello Property Buyers Era of Developer’s domination is over. RERA LEGAL www.RERALEGAL.in is a leading expert on Real Estate matters and it is recommended by clients for legal battles against property developers Real Estate Regulatory Authority ( RERA ) a Central Act of 2016 by Government of India mandated and accordingly Maharashtra State Government has established Maha RERA as an authority for entire Maharashtra with its head office at Bandra East, Mumbai. Maha RERA has its website as https://maharera.mahaonline.gov.in It is a common platform for developers, agents, and investors. Various provisions of RERA Central Act have come into force from 1st May 2017 as per government notification. Maharashtra Real Estate (Regulation and Development)(Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2017 under Rule 4 and sub rule 4’s 2nd proviso provides that “Provided further that, at the end of ninety days from the date of notification of section 3 of the Act, the promoter shall not advertise, market, book, sell or offer for sale or invite persons to purchase in any manner any plot, apartment or building respect of such land parcel unless he registers such independent phase as a separate real estate project within the meaning of clause (c) of the Explanation to section 3:” As stated above, Central Government has notified RERA Act provisions to come into force from 1st May 2017 and 90 days from 1st May 2017 is 30th June 2017. Therefore, w.e.f. 1st July 2017 every unregistered development project cannot be marketed. Maha RERA has jurisdiction over entire territory of Maharashtra State and all developments happening across said state. Size of development projects that are exempted. Development project which is not over 500 sq meter land area and additionally which does not have more than 8 members are exempted from Maha RERA. Both these conditions have to be met concurrently. If area or no. of members are more than, Maha RERA has jurisdiction over such development project. Section 3 of RERA Central Act 2016 prohibits marketing and promotion of unregistered development projects. Regulated mediums of advertisement under section 2(b) of Central Act 2016 are "advertisement" means any document described or issued as advertisement through any medium and includes any notice, circular or other documents or publicity in any form, informing persons about a real estate project, or offering for sale of a plot, building or apartment or inviting persons to purchase in any manner such plot, building or apartment or to make advances or deposits for such purposes; it includes all electronic and digital medium e.g. whatsapp, sms, email, facebook, social media, instagram, linkedin etc. Who can approach Maha RERA ? allottee under section 2(d) of Central Act 2016 are "allottee" in relation to a real estate project, means the person to whom a plot, apartment or building, as the case may be, has been allotted, sold (whether as freehold or leasehold) or otherwise transferred by the promoter, and includes the person who subsequently acquires the said allotment through sale, transfer or otherwise but does not include a person to whom such plot, apartment or building, as the case may be, is given on rent; Therefore, an owner has bought the property from former owner is entitled to approach Maha RERA. X buys property in ABC project and later sells his property to Y. Y too is authorized to approach Maha RERA concerning ABC project upto 5 years from dated of OC contact RERA LEGAL and all your property matters will be taken care of reralegal@gmail.com +91 9320008055