Section 3 of RERA: Requirement of Real Estate Project Registration and Restrictions on Sale, Marketing, and Advertising The Real Estate (Regulation and Development) Act (RERA) mandates stringent registration protocols for real estate projects in order to promote transparency and protect buyers. Section 3 of RERA emphasizes the need for prior registration of any real estate […]
,The Real Estate Regulatory Authority (RERA) was established under the Real Estate (Regulation and Development) Act, 2016, to introduce transparency, accountability, and protect the rights of homebuyers and investors in India’s real estate sector. RERA marks a transformative step towards organizing the real estate industry by requiring projects to register with state-level authorities, fostering trust […]
Gujarat RERA has issued directions dt: 23 September 2024 to open the RERA Bank Account in Branch of Schedule Bank operating in the sate of Gujarat According to Section 37 of the Real Estatc (Regulation and Development) Act, 2076 (REIIA), “The Authority may, for the purpose of discharging its function under the provisions of this […]
Under the Gujarat Real Estate Regulatory Authority (Gujarat RERA), the cancellation of an Agreement to Sale (ATS) is governed by specific provisions outlined in the Real Estate (Regulation and Development) Act, 2016 (RERA) and the rules framed by the Gujarat state. RERA Act provides safeguards to developers & customers in India. Today every developer and […]
