Niranjan Hiranandani School Of Management And Real Estate (NHSMRE)
The New Face of Real Estate Under RERA
Indian Real Estate is now regulated by 'The Real Estate (Development and Regulation) Act, 2016'. Every State has a RERA regime to control Real Estate Development Process and Real Estate Transaction Process. Understanding real estate compliance under RERA, dos and don'ts, obligations of the various parties involved must be studied well to be on the right side of the law. The course is comprehensively making participants understand the various nuances of real estate development, its facets and intermediaries along with provisions and landmark judgments in various states and Courts for a better compliance.
Modules
Registrations
- Documents for Firm Registrations
- Co-promotership
- Project Registration
- Broker Registration
Penalties and Orders
- Orders and Executions
- Penalties under section 60 to 65
- RERA Tribunal Rules and Applications
- Consent Terms and Flows
RERA Accounting and Escrow Mechanism
- Items under 30:70 ratio for expenditure
- Escrow compliance
- Certifications under Form 3 and 5
- Accounting standards for Project completion
Forms and Procedures (Maharashtra)
- Forms under various Rules and Regulations and Circulars
- Affidavits and Contents
- Certification, permissions and other form for completion
- Documentation: Model Agreement for Sale
RERA Vs Other Acts
- RERA V MOFA
- RERA V NCLT