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Power Point Presentation (PPT) on RERA

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Important Activities to be Done by Promoter Company

❖ Promoter to get registered with the full-fledged Real Estate Regulatory Authority or else

with the interim regulator.

❖ To make internal system, controls, SOP’s RERA compliant. (i.e. Redesigning business)

❖ Amendment, change, modification in the sales and marketing documents viz., Agreement

to sell, allotment letter, payment plan, flat or apartment specifications by whatever name

called.

❖ To open “RERA designated account” with the concerned Banker

❖ Modification in the existing lender / credit facility provider loan documents, escrow

agreements etc.

❖ To deposit all customer’s collection directly to the “RERA designated account”

❖ Area of the unit:- The promoter has to bifurcate Carpet Area, Balcony Area and Total Area

90

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