Power Point Presentation (PPT) on RERA

It is pertinent to mention that, as per the notification issued by various
Regulatory Authorities including UP RERA, a notified Agreement for Sale
format has been issued which is required to be signed by the buyer and the
Promoter. The registration of the said document is mandatory as per the laid
down provisions of The Real Estate (Regulation and Development) Act,
2016.
It is also pertinent to mention that a promoter can accept, only 10% amount
of the Sale value of the Apartment (booking amount) before the Agreement
for Sale is signed and registered, balance amount as per the payment
schedule can only be accepted after the registration of the aforesaid
document.
The above brief gives a broad idea regarding the importance of the
compliances under RERA.
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