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RERA Registration & Compliances

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RERA Registration & Compliances

RERA Registration & Compliances

Rera means : (Real State Regulatory Authority)

  1. It is an act for regulation and promotion of the re`al state sector to ensure the sale of apartment , plot or building in an efficient and transparent manner.
  2. It was refined by the parliament in 2016 and come into force from 1st may 2017.
  3. Projects of least 500sq mt. or eight apartment must registered with the RERA.
  4. Property sales are oncarpet area, not super built area .

Regulates both residential and commercial properties.

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