RERA Real Estate Regulatory Authority
TS RERA, wake up!
Try to notice what is happening around you, RERA.
Your style of work needs to be changed.
Uttar Pradesh RERA and Maharashtra RERA are setting new examples in terms of safeguarding the benefits of home buyers. It has recently passed five orders to protect the interests of buyers. But our Telangana RERA is behaving like buyers’ interests are none of their concern. It shows little to no interest in protecting the interests of the buyers. At least now, it needs to learn from Uttar Pradesh and Maharashtra RERA.
It said that the houses should be sold based on the carpet area, and the projects should be registered with the name registered on the map. On the other hand, it also suggested that the homebuyers should also include the names of the co-accused in their complaint. It has been clarified that the developers should display the project registration certificate with a QR code at their office and project site.
Do not change project names…
UP RERA has made it clear that developers should use the same name mentioned in their map for project registration. The name mentioned in the map approved by the local authorities should also be continued for the project brand. This is suggested to avoid confusion among home buyers. It has been decided that the names of the towers and blocks in the project should be as per the approved map. UP RERA has taken this decision given differences between the names of projects, registered towers, occupancy certificates, and completion certificates.
UP RERA has asked homebuyers to include the names of co-participants in the projects in their complaints. RERA observed that in some cases, the complainants did not include the names of the co-appellants as complainants. Necessary arrangements have also been made in the portal for this purpose. Houses or shops are bought jointly. Husbands and wives, fathers and sons, sisters and brothers buy together like this. In some cases, more than two people are co-agents. Their interests are not always the same. Hence, disputes sometimes arise between co-sharers or co-owners. In this background, due to the lack of names of co-accused in the complaints registered under RERA, resolution of complaints, enforcement orders, and further action are taking more time than necessary.
UP RERA said that it will provide training and certificates to new real estate agents as well as existing real estate agents in UP. For this, a special training program will be started. The RERA Act and UP RERA rules and regulations will be taught. It has been clarified that the agents must undergo training and take the exam.
Must have a QR code certificate…
RERA has issued instructions to the developers to provide the project registration certificate containing the QR code to the house buyers. The certificate should contain the name of the project, name of the promoter, registration number, duration, start date, completion date, complete address of the project and promoter, etc. It is also suggested that this certificate be printed and displayed visibly at the developer’s office and project site.
RERA mandates that housing units or apartments should be sold based on carpet area. According to the provisions of the RERA Act, there is no legal justification for the super area.
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