Adherence to Sanctioned Plans and Project Specifications by the Promoter is a key safeguard under the Real Estate (Regulation and Development) Act (RERA). It ensures that developers build projects exactly as approved by competent authorities, protecting homebuyers from unexpected changes. What Adherence to Sanctioned Plans Means Under RERA, a promoter must develop and complete the proposed project...

No deposit or advance to be taken by promoter without agreement for sale under RERA is an important safeguard for homebuyers. The Real Estate (Regulation and Development) Act, 2016 (RERA) makes it clear that promoters cannot collect more than ten percent of the cost of an apartment, plot, or building as advance payment or application fee without signing a proper written agreement for sale. This rule...

Promoter obligations on advertisement and prospectus are an important part of the Real Estate (Regulation and Development) Act, 2016 (RERA). The law ensures that every piece of information shared by a promoter through advertisements, notices, brochures, or prospectuses is true, accurate, and not misleading. If a buyer suffers a loss due to false claims, the promoter is legally bound to compensate. This...

The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to bring transparency, accountability, and fairness to the real estate sector. While it provides several rights and protections to homebuyers, it also lays down clear responsibilities for promoters (builders or developers). In this article, we explain the key functions and duties of a promoter under RERA in simple language so...

The Real Estate (Regulation and Development) Act, 2016 (RERA) regulates not only promoters and projects but also real estate agents. Once registered under RERA, agents must follow certain rules and responsibilities to ensure fair practices and transparency in property transactions. This article explains the functions of real estate agents under RERA in simple language so that both buyers and sellers...

The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to bring transparency and accountability to the real estate sector. While much of RERA focuses on promoters and real estate projects, it also regulates real estate agents, ensuring they operate fairly and legally. If you’re planning to buy or sell property, knowing about the registration of real estate agents under...

The Real Estate (Regulation and Development) Act, 2016 (RERA) is designed to bring transparency and accountability to the real estate sector. While it provides clear rules for project registration, extension, and revocation, it also lays down responsibilities for the RERA Authority in case a project’s registration lapses or is revoked. This ensures that homebuyers (allottees) are not left stranded...

The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to protect homebuyers and bring accountability in the real estate sector. While RERA allows promoters to register and extend their projects, it also has strict provisions for revocation of registration if a promoter fails to follow the rules. This article explains when and how RERA can revoke a project’s registration, what...

Real estate projects often face unexpected challenges that can delay completion. To protect both promoters and homebuyers, the Real Estate (Regulation and Development) Act, 2016 (RERA) provides a mechanism for extending the registration of projects in genuine cases. This article explains the extension of registration under RERA in simple terms, including when it applies, what force majeure means, and...

When a builder or developer applies for registration of a real estate project under the Real Estate (Regulation and Development) Act, 2016 (RERA), the next step is the grant of registration. This process ensures that only projects that meet the law’s requirements are approved, giving buyers more trust and security in their investments. Let us understand how the registration is granted, the timelines...