Rera Regulatory Services
The regulatory compliance in Real Estate Sector is expected to scale up with the introduction of Real Estate (Regulation and Development) Act 2016 (RERA). RERA intends to bring transparency and accountability in the sector. Apart from mandatory registration for Real Estate Projects and Real Estate Intermediaries, many disclosures are required to be made by the Promoters of such Real Estate Projects. There are significant penalties proposed for non-compliance and all stakeholders are guarded with of rights with fast track mechanism for non-compliance and for redressal of grievances.
We have several years of experience in dealing with regulations and compliance management for the Real Estate industry and offering the following Advisory and Compliance management services under RERA for the Real Estate Sector.
- RERA Registration and Compliance
- Standard SOP's, Checklist and timeline for promoters obligation under the Act
- RERA Related Consultancy (Guidelines, applicability, remittance and withdrawal, etc.)
- Quarterly updates on RERA website
- Advisory on GST for Real Estate Projects
- Overall compliance and review under RERA Act