27.01.2022 Views

Power Point Presentation (PPT) on RERA

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Write – Up on the impact of RERA vis a vis the documentation

(a) The Real Estate (Regulation and Development) Act, 2016 was

introduced by the Government of India in Year, 2016 and was thereafter

implemented in its complete spirit, in the state of Uttar Pradesh on

01.05.2017.

(b) The above Act is directed towards protecting the interests of Property

Buyers and the Realtors. The compliances as per the provisions of the

above said Act and the rules issued thereafter by the various state

governments are mandatory for any Developer / Promoter.

(c) It is equally important that while drafting the documents required

during the booking (Registration / Application Form) and post booking

(Allotment Letter and Agreement for Sale) have to be drafted in the light

of provisions of the Act and the Rules framed thereafter.

33

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!