RERA Compliance

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Overview Advantages Registration Process Required documents

RERA Compliance

RERA i.e. Real Estate Regulatory Authority which is established under the Real Estate Act, 2016 is for the purposes of protecting home-buyers & for boosting investments in the real estate industry. The aim is to bring transparency and accountability towards customers. RERA is established in every state having respective rules & requirements.

So, various mandatory compliances are also provided in the Act which is as follows:

• Filing Quarterly update with RERA.
• Audit of financials & filing with RERA.
• Annual filing.

Our professionals will help you in fulfilling all the necessary compliances.

Advantages of RERA Compliance

CREDIBILITY & TRANSPARENCY Proper compliance according to the law raises its credibility & increases transparency in the eyes of customers & government as well.
CLIENT ASSURANCE Regular compliance results in assuring the customers about the promises made by the broker, promoter, builder, etc.
COMPETITIVE ADVANTAGE Regular compliance gives a competitive edge in the market. It can be used in advertising the business & assuring the investors or customers about the company’s business.
CORRECTNESS OF DATA Regular compliance by the companies ensures that the data collected for annual compliance is correct.
AVOIDING PENALTIES Ultimately, regular compliance results in avoiding heavy penalties provided in case of contravention.

Company Registration Process

Documents required

1. Quarterly details of the project

2. Financials of the Project

3. Other necessary information as required

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