Results for #RERA
RERA
#promoters#application#maharera
Is the promoter's application made in electronic or physical form for MahaRERA?
Is the promoter's application made in electronic or physical form for MahaRERA?
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Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
Application can currently be made online at https://maharerait.mahaonline.gov.in/
RERA
#agreement
In ongoing projects, the agreement with purchaser should be prepared as per MOFA or RERA?
In ongoing projects, the agreement with purchaser should be prepared as per MOFA or RERA?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
as per RERA with effect from 1st May, 2017
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
The Authority may, on receipt of a complaint or suo motu in this behalf or on the
recommendation of the competent authority, revoke the registration granted under section 5,
after being satisfied that—
(a) the promoter makes default in doing anything required by or under this Act or
the rules or the regulations made thereunder;
(b) the promoter violates any of the terms or conditions of th...
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RERA
#builder#construction#certificate#register#maharera
I am a builder with a project under construction at this time, though the completion certificate has not been issued yet. Do I still need to register under MahaRERA?
I am a builder with a project under construction at this time, though the completion certificate has not been issued yet. Do I still need to register under MahaRERA?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
All under construction projects that have not received completion/occupancy certificate as applicable or shall not receive prior to July 31st, 2017 shall mandatory need to register with MahaRERA
RERA
#flat#buyer#duly#registered#maha
How does a flat buyer know if a real estate project is duly registered under Maha RERA?
How does a flat buyer know if a real estate project is duly registered under Maha RERA?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
Flat buyer can log on to MAHA RERA to check if the project is duly registered. Flat buyer can also demand from the Promoter the Project Registration No. under RERA and then verify from MAHA RERA website.
RERA
#revoked#buyer
If the registeration of a real estate project is revoked for any reason, how will the interest of the buyer, in such an event, be protected by RERA?
If the registeration of a real estate project is revoked for any reason, how will the interest of the buyer, in such an event, be protected by RERA?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
Upon lapse of the registration or on revocation of the registration under this Act, the
Authority, may consult the appropriate Government to take such action as it may deem fit
including the carrying out of the remaining development works by competent authority or by
the association of allottees or in any other manner, as may be determined by the Authority:
Provided that no direction, decis...
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RERA
#fees#additional fees#promoters#maharera
Is there some fee, in addition to the fees prescribed in the Rules, to be charged from promoters, real estate agents and complainants for the MahaRERA website uploading and online services?
Is there some fee, in addition to the fees prescribed in the Rules, to be charged from promoters, real estate agents and complainants for the MahaRERA website uploading and online services?
Dhvanil Vakharia,Design Engineer
31 Answered
Answered on November 08, 2017
( Source : maharera.mahaonline.gov.in) Yes. It has been detailed in the MahaRERA Order available on the MahaRERA website.
RERA
#permissions#promoter#mandatory#registration#maharera
Is it mandatory for the promoter to obtain permissions for the real estate project before applying for registration to MahaRERA?
Is it mandatory for the promoter to obtain permissions for the real estate project before applying for registration to MahaRERA?
Dhvanil Vakharia,Design Engineer
31 Answered
Answered on November 08, 2017
( Source : maharera.mahaonline.gov.in) Yes, the layout of the real estate project has to be approved. However, the promoter may include some buildings in his application of registration where apartments are proposed and the Building approvals are pending. Building Approval for the apartment...
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Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
As per RERA "carpet area" means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment.
RERA
#impact
What will be the impact on the real estate industry in India once the RERA Act comes into effect?
What will be the impact on the real estate industry in India once the RERA Act comes into effect?
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
There are mixed views on the impact of RERA. While on one hand due to the increased accountability on part of the Promoters, it is expected that it will be safer for the buyers to select registered projects and buy after scrutinizing all available information on RERA website, on the other hand due to imposition of strict guidlnes vis-a-vis deposit and withdrawal of sales proceeds to and from de...
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