Documents Required for RERA Project Registration in Telangana
Attention all real estate developers in Telangana! Are you planning to register your project under RERA? Here's a quick guide to help you prepare the necessary documents for registration.
Real Estate Regulation and Development Act (RERA) mandates the registration of all real estate projects with the regulatory authority in each state. In Telangana, the regulatory authority is the Telangana State Real Estate Regulatory Authority (TSRERA).
The following are the documents required for RERA registration in Telangana:
Identity and Address Proof of Promoter
The promoter of the project is required to submit identity and address proof documents such as PAN card, Aadhaar card, passport, driving license, or voter ID card.
PAN Card of Promoter
The promoter is also required to submit a copy of their PAN card.
Details of Project
Details of the project such as the location, size, and type of project, along with the estimated cost of the project, are required to be submitted.
Project Layout and Plan
The promoter is required to submit the project layout and plan, along with the number of units and their sizes.
The promoter must submit the commencement certificate, which is issued by the local authorities, and certifies that the construction work has been started.
Building Plan Approval
The promoter must submit the building plan approval, which is issued by the local authorities, and certifies that the building plan complies with the local regulations.
Agreement for Sale
The promoter must submit the agreement for sale, which is a legal document between the promoter and the buyer, specifying the terms and conditions of the sale.
The promoter must submit the sale deed, which is a legal document that transfers the ownership of the property from the promoter to the buyer.
The promoter must submit the encumbrance certificate, which certifies that the property is free from any legal encumbrances such as mortgages, liens, or claims.
The promoter must submit the title deed, which is a legal document that proves the ownership of the property.
Any other documents as required by the Authority
The regulatory authority may require additional documents depending on the nature and size of the project.
In conclusion, RERA registration in Telangana is mandatory for all real estate projects, and non-compliance with the regulations can lead to penalties and legal actions. It is important to ensure that all the required documents are in order before submitting the application for registration. By complying with the regulations, promoters can promote transparency and accountability in the real estate sector and safeguard the interests of homebuyers.
Note: The information provided in this article about Telangana Real Estate Regulatory Authority is for informational purposes only. It is not intended as legal or professional advice and readers should consult qualified professionals for advice specific to their circumstances.
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