What are Promoters’ duties towards Buyers, generally?
Registration of Project (except exempted ones)
Disclosure of all Project-related information on MahaRERA portal
RERA Registration details
Details of Flats, etc (number, type & area)
Parking (number & location)
Approvals & Commencement Certificate
Upload all Project-related documents on MahaRERA portal
Quarterly update necessary information & documents
Disclosure of information to buyers while booking
Sanctioned plans, Layout plans + Specifications; approved by authority
Stage wise time schedule of completion of Project
Fulfil promises made during Sale
Provide and Maintain essential services at reasonable rates till handover of Society/Apartment Condominium
Form Society/Apartment Condominium within prescribed time
Convey the project land to the Society/Apartment after project completion within prescribed time
Pay all outgoings (taxes, charges, etc) taken from buyers
Not create charges on the Flats, etc. after being sold
Timely possession of Flats, etc
Looking for more such advice? Or, seeking RERA consultation for your project, want to register your project or comply RERA by quarterly updating your project? Contact us today!
The information relayed in this blog should not be construed as legal advice. The applicability of information varies on the basis of the circumstances of each case. But feel free to call us for similar advice.
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