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The Central Government of India introduced the Real Estate (Regulation and Development) Act, 2016, with the establishment of the Real Estate Regulatory Authority (RERA) to ensure that the interests of home buyers were protected while boosting the real estate sector in the country. The Government of India has also established the Appellate Tribunal to make sure that cases and complaints filed by aggrieved homebuyers were disposed of as soon as possible after proper scrutinisation.
As per the RERA Act, all real estate projects and real estate agents are mandatorily required to register with the regulatory authority. The Tamil Nadu Government sanctioned the Tami Nadu Real Estate (Regulation and Development) Rules, 2017 to include the provisions and rules under Real Estate (Regulation and Development) Act, 2016. The Tamil Nadu Real Estate Regulatory Authority (TNRERA) also monitors the real estate sector in the Andaman and Nicobar Islands. Hence, RERA Andaman falls under Tamil Nadu RERA. The RERA Act covers all ongoing and future projects. Failure to register with the regulatory authority is a punishable offence and can result in imprisonment or penalty.
Registration Details | Fees |
Group-housing Project |
|
Mixed-development Project |
|
Commercial Project |
|
Plotted-development Project | Rs.5 per sq.m. (not exceeding Rs.2 lakh) |
Type of Applicant | Fees |
Individual | Rs.10,000 |
Other than an Individual | Rs.50,000 |
Tamil Nadu Real Estate Regulatory RERA Rules in ReAuthority (TNRERA), 1st Floor, No.1A, Gandhi Irwin Bridge Road, Egmore, Chennai – 600008.
Download the Rera Rules in Regional Language
Step 1: Visit Rera Andaman Website for the Andaman and Nicobar Islands RERA home page.
Step 2: Click on ‘Andaman’ icon under ‘Online Registration for Projects’ at the top-right corner of the page to redirect you to the ‘Application for Registration of Projects by the Promoter’ webpage. Read the important points mentioned on the page.
Step 3: Keep the following scanned documents ready before you proceed to the next step:
Once you have the scanned copies of all the above-mentioned documents, click on ‘Proceed After Keeping Ready The Above’ icon towards the end of the same page after which you will be redirected to the ‘Real Estate Project Registration’ webpage.
Step 4: Choose the type of promoter i.e. ‘Individual’ in this case, on the Registration Form and enter your Email ID/Registration Number.
Step 5: Click ‘Next’ to redirect you to the Form ‘A” webpage.
Step 6: Enter all the required inputs such as Promoter Details, Financial Indicators, Previous Project Details and upload your passport size photograph. Click on the ‘Next’ icon to proceed once you have filled in all the details.
Step 7: Similarly enter your project details and upload the scanned supporting documents to proceed to the payment gateway.
Step 8: Once the payment has been confirmed, you will be provided with a registration number for the project registered.
Step 1:Visit Rera Webpage for the Andaman and Nicobar Islands RERA home page.
Step 2: Click on ‘Andaman’ icon under ‘Online Registration for Projects’ at the top-right corner of the page to redirect you to the ‘Application for Registration of Projects by the Promoter’ webpage. Read the important points mentioned on the page.
Step 3: Keep the following scanned documents ready before you proceed to the next step:
Once you have the scanned copies of all the above-mentioned documents, click on ‘Proceed After Keeping Ready The Above’ icon towards the end of the same page after which you will be redirected to the ‘Real Estate Project Registration’ webpage.
Step 4: Choose the type of promoter i.e. ‘Societies/Company/Partnership Firm/Competent Authority/Limited Liability Partnership/Trust’, on the Registration Form and enter the Business Email ID/Registration Number.
Step 5: Click ‘Next’ to redirect you to the Form ‘A” webpage.
Step 6: Enter all the required details and upload the necessary documents and photographs. Click on the ‘Next’ icon to proceed once you have filled in all the details.
Step 7: Enter the details of the concerned project details and upload the scanned supporting documents to proceed to the payment gateway webpage.
Step 8: You will be provided with a registration number for the project registered once the payment has been confirmed.
Step 1: Visit Rera Andaman Website.
Step 2: Click on ‘Registered Projects’ in the Menu Tab and select ‘Andaman’ to redirect you to the RERA registered projects webpage.
Step 3: Click on ‘2018’ icon to view the projects under RERA Andaman and Nicobar Islands.
Step 4: The list of projects registered with the Regulatory Authority will be as shown below:
Step 1: Visit Rera Site
Step 2: Click on ‘Registered Real Estate Agents’ in the Menu Tab and select ‘Andaman’ to redirect you to the RERA registered real estate agents webpage.
Step 3: Choose the year you wish to see the list of real estate agents registered for.
Step 4: The list of real estate agents registered with the Regulatory Authority during the particular year will be as shown below:
Step 1: Visit website for the RERA Andaman and Nicobar Islands home page.
Step 2: Click on ‘Online Registration – Complaint' at the top-right corner of the page to redirect you to the complaints webpage.
Step 3: Click on ‘Proceed for Online Registration’ to redirect you to the complaint registration form.
Step 4: Enter the required details and upload the scanned supporting documents. Once done, click on ‘Submit’ to register your complaint with the Regulatory Authority.
The ‘Occupancy Certificate’ and ‘Completion Certificate’ is defined under Section 2 (zf) and Section (q) of the RERA Act respectively. Completion Certificate is the document certifying the completion of an entire project as per the approved plan, layout plan and specifications, as sanctioned by the competent authority. The ‘Occupancy Certificate’, on the other hand, certifies that the project available for occupying includes all basic civic infrastructure with access to water, electricity and sanitation, making the apartment habitable.
As per Section 2 (v), the estimated cost of the real estate project is defined as the total cost required for the development of the project. The total cost also includes land cost, taxes, and other applicable taxes.
Yes, real estate agents are covered under the Act. As per Section 2 (zm), all agencies facilitating sale and purchase of real estate agencies should be registered with the regulatory authority. Furthermore, online portals involved in the sale and purchase of plots and apartments are also covered under the Act.
As per Section 3 (1), a promoter can begin advertising his/her project for sale only after the concerned real estate projects have been registered with the Regulatory Authority.
Yes, according to the third provision of Section 4(2)(1)(D), it is mandatory for the promoter to get his/her accounts audited within the completion of 6 months after the end of every financial year. A chartered account shall provide a certified statement of the promoter’s accounts after verifying the fact that the amounts collected for the concerned project has not been used for any other purpose other than the development of the project.
As per Section 6, there are only two instances where the period of registration granted by the regulatory authority can be extended. The registration can be extended be in the case of force majeure i.e. calamities such as flood, drought, fire, cyclone, earthquake, war, etc. The extension of registration can also be granted if the promoter provides reasonable circumstances where the promoter is not at fault. However, the period of extension for the registration is limited to 1 year under the Act.
The ‘Agreement for Sale’ is an important document that is entered into between the allottee and the promoter. The agreement binds both the parties to the provisions mentioned in the document.
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