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Real Estate (Regulation and Development) Act, 20161Background of Law This act popularly known as ERA, RE RDA and The Real Estate Act etc. Central government have framed the act and the NODAL agency

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How to fill out what is rera act

01

Understand the key provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA).

02

Identify if the project falls under the purview of RERA based on certain criteria such as land size and number of units.

03

Fill out the necessary forms provided by the local real estate regulatory authority.

04

Provide all required information accurately and truthfully, including project details, land title, approvals, and financial details.

05

Submit the completed forms along with supporting documents to the regulatory authority within the specified timeline.

06

Follow up with the authority for any clarifications or additional information required.

Who needs what is rera act?

01

Real estate developers looking to launch new projects

02

Homebuyers interested in purchasing property

03

Real estate agents and brokers involved in property transactions

04

Legal professionals dealing with real estate matters

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What is the RERA Act?

The Real Estate (Regulation and Development) Act, commonly known as the RERA Act, is a legislative framework enacted by the Government of India to regulate the real estate sector, ensure transparency, and protect the interests of homebuyers.

Who is required to file under the RERA Act?

Real estate developers and builders who engage in the sale of residential properties must register themselves under the RERA Act and file necessary documentation.

How to fill out the RERA Act application?

To fill out the RERA Act application, one must visit the respective state RERA website, create an account, fill in the required details about the project and developer, and submit necessary documents as specified by the authority.

What is the purpose of the RERA Act?

The purpose of the RERA Act is to promote fair practices in the real estate sector, enhance transparency, and safeguard the interests of consumers by establishing regulatory authorities and a framework for grievance redressal.

What information must be reported under the RERA Act?

Information that must be reported includes project details, timelines, financial statements, and details about the developers, including their legal status and past project records.

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