- Registration is done within 30 days.
- Registration with the Real Estate Regulatory Authority Government of India.
- Reduces the risk of builder insolvency.
- Enhances authenticity and reliability of promoters;
- Increase buyer’s confidence;
- Ease in project loan;
- Defined built-up, super built-up, and covered areas;
- Helps in protecting the interest of buyers in the real estate sector.
Documents required:
- Certificate of Incorporation in case of company.
- Copy of PAN Card.
- Audited the Balance Sheet of the promoter for the last financial year.
- Audited Income Tax Returns (ITR) of the promoter for last the 3 assessment years.
- The number of parking areas – both open and closed – available in the project.
- If the concerned land/property is owned by a third party, a copy of the legal title deed indicating the title of the promoter to the land/property on which the project is to be constructed. The promoter is also required to submit all the legally valid documents;
- Details of the consent of the owner and a copy of the collaboration agreement, joint agreement, or development agreement between the promoter and the owner if the promoter is not the owner of which the project is proposed.
- Name, contact details, residence address, and photographs of the promoter if he/she is registering as an individual. In case the promoter is a business entity, the promoter is required to submit the name, contact details, and address of the chairman, board of directors, partners, and the authorized individual along with photographs.
- Demand Draft or bankers’ cheque for registration fee drawn from any scheduled bank.
Reviews
There are no reviews yet.