The Real Estate (Regulation and Development) Act (RERA) is expected to act as light at the end of the tunnel for homebuyers. Homebuyers who have been martyr in the realty sector can now take a deep breath as the focal point of RERA Act is to safeguard the interest of homebuyers. In the past, consumers have been sabotaged by builders or agents due to lack of communication and transparency in the work but not anymore.
In accordance with the RERA Act, no real estate developer or agent can sell or advertise their projects without getting registered under the State Authority i.e. Tamil Nadu Real Estate Regulatory Authority (TNRERA). This is a valuable step for homebuyers as the abstracts of the developers or agents will be showcased on the website which will help in identifying whether agent or developer is registered or not and accordingly can be deflected.
Also TNRERA has option for sufferers of realty sector. If any victim wants to file a complaint against any developer or agent, it can be done on TNRERA portal. On the portal the homebuyers need to register and fee for the same will be Rs. 100/- (One hundred only). The homebuyer can make the payment for registration process either through online transfer or through payment transfer in any Indian Bank. Once the payment is done homebuyer can download the grievance form and send the filled form along with scanned supporting documents to the TNRERA.
Note – Please note that the above article is for education purpose only. This is based on our interpretation of laws which may differ person to person. Readers are expected to verify the facts and laws.
join For Updates
Is there any set of standardised format for sale and construction agreement-? 2) Apart from agreement,OF M.O.U. Between vendor and purchaser is an offence-? since,draft of agreement claws or terms & conditions were in vendor’s favor,whereas, no single clause or wording in favor of purchaser.or in other words, no protection in case of vender unable to fulfill his wording/promises made while booking sir.
Mr. Shiv, the format of agreement to sale has been prescribed by RERA Rules in some States. RERA Regulations are good to protect the interest of buyers.
it shall be decided case to case basis.
I have been harassed by my builder ,Unique builders Group (Rajasthan) wherein he is not given me possession and he is not paying me penalty charges and now all of them are not giving any response ,what may i do to get help from RERA ,Rajasthan.
Yes, you can file case before Rajasthan RERA, for more information, please speak to our expert at 8383011629 or mail us at rera@centrik.in
Hi, I recently got possession of my Flat in thane (Runwal Pearl, manpada). I wanted to rent out my flat. However, builder is demanding NOC Administration charges. I have already paid 2 years maintenance in advance and cleared all the payments before taking possession.Can I file complaint in RERA for the same.
How much time does UP RERA takes for final decision? As we have been waiting since July 2019.
Every time we call the complaint centre,we are being told – 15 days every time.
It takes 2-6 months, for more information mail us at rera@centrik.in
Dear sir i invested in affordable housing plan with mvn athens sohna gurugram. For some reason i cancel the aplication and i mailed many times for refund but they people not going to understand the things, i am following from last six month please help me out
pls mail us at rera@centrik.in or you can discuss your query with us at 8383011629