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Promoter also comply with the following -a. adherence to approved plans and project specificationsb. obligations regarding authenticity of the advertisement orprospectusc. rectify structural defectsd. refund money in cases of defaulte. compulsory deposit of 70% of the amount realized from allottees ina separate account to cover the cost of construction and land costAct provides for establishment of Regulatory Authority in each State/UT, orone Authority for two or more States/UT, by the Appropriate Government forimplementation of Act.10
Objective of the ActAn Act to establish the Real Estate RegulatoryAuthority for regulation and promotion of the realestate sector and to ensure sale of plot, apartment orbuilding, as the case may be, or sale of real estateproject, in an efficient and transparent manner andto protect the interest of consumers in the real estatesector and to establish an adjudicating mechanismfor speedy dispute redressal and also to establish theAppellate Tribunal to hear appeals from thedecisions, directions or orders of the Real EstateRegulatory Authority and the adjudicating officer andfor matters connected therewith or incidentalthereto.11
Page 1 and 2: Real Estate (Regulation and Develop
Page 3 and 4: Real Estate Act 2016TimelineReal Es
Page 5 and 6: Sl.1234567State/UTReal Estate (Regu
Page 7 and 8: Sl.12345678Real Estate (Regulation
Page 9: Act Extends to Residential and Comm
Page 13 and 14: 13
Page 15 and 16: 15
Page 17 and 18: 17
Page 19 and 20: 19
Page 21 and 22: “Definitions as per The Real Esta
Page 23 and 24: 2(za) “Interest"means the rates o
Page 25 and 26: (iv) an apex State level co-operati
Page 27 and 28: (2) Notwithstanding anything contai
Page 29 and 30: CHAPTER VIII - OFFENCES, PENALTIES
Page 31 and 32: Landowner / Investors having Area /
Page 33 and 34: Write - Up on the impact of RERA vi
Page 35 and 36: It is pertinent to mention that, as
Page 37 and 38: (c) an authenticated copy of the ap
Page 39 and 40: (k)the names and addresses of the c
Page 41 and 42: Provided Further That the amount fr
Page 43 and 44: Guidelines for Registration of Proj
Page 45 and 46: Other Important Roles of Designated
Page 47 and 48: Penalty of contravention of Section
Page 49 and 50: Grant of Registration ( Section- 5)
Page 51 and 52: EXTENSION OF STALLED PROJECTRERA pr
Page 53 and 54: Timeline for Completion of the Proj
Page 55 and 56: (A)The practice of making any state
Page 57 and 58: (4) The Authority, upon the revocat
Page 59 and 60: Advisory for extension of Registrat
Page 61 and 62:
(3) The promoter at the time of the
Page 63 and 64:
Functions and Duties of the Promote
Page 65 and 66:
Obligation of promoters regarding v
Page 67 and 68:
In case the above agreement is canc
Page 69 and 70:
(i) Any additions and alterations i
Page 71 and 72:
Adherence to sanctioned plans and p
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(2)On the transfer or assignment be
Page 75 and 76:
Transfer of title (Section- 17)17.
Page 77 and 78:
Once the Construction of the projec
Page 79 and 80:
Transfer of title (Local Laws) (Utt
Page 81 and 82:
The Project completed in phases wil
Page 83 and 84:
The Uttar Pradesh Real estate (Regu
Page 85 and 86:
Return of amount and compensation(S
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(4) The allottee shall be entitled
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(9) Every allottee of the apartment
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❖ Make sure any amount realized f
Page 93 and 94:
RERA Escrow Mechanism Section-4(2)(
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Model Flow Chart of New Separate Ba
Page 97 and 98:
FORM 1 [see Regulation 3]ARCHITECT'
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Table ABuilding /Wing Number_____(t
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TABLE-BInternal & External Developm
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FORM-2 [see Regulation 3]ENGINEER'S
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TABLE ABuilding /Wing bearing Numbe
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Yours FaithfullySignature of Engine
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S.No.ParticularsTotal Cost Amount i
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FORM 5[see Regulation 4]ON THE LETT
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Penalty for non-registration and co
Page 115 and 116:
Penalty for failure to comply with
Page 117 and 118:
Offences by companies (Section-69)(
Page 119 and 120:
Compounding of offences (Section-70
Page 121 and 122:
Model Date Sheet of Project Related
Page 123:
Thank You123
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