No sale of plots sans RERA registration

By Author  |  Published: 23rd Sep 2018  9:30 pmUpdated: 23rd Sep 2018  11:47 pm

Hyderabad: No promoter of a real estate project should advertise or sell a plot, apartment or building without registering it with the Real Estate Regulatory Authority, said the Telangana State RERA Chairman Rajeshwar Tiwari.

In a press release issued on Sunday, Tiwari said in accordance with the Real Estate (Regulation and Development) Act, 2016, and Telangana Real Estate (Regulation and Development) Rules, 2017, notified by the State government, all the real estate projects approved on or after January 1, 2017, and plots above 500 sqm or more than eight units have to be registered with Telangana State Real Estate Regulatory Authority (TS RERA).

Therefore, all the builders/developers who have taken permission for real estate projects between January 1, 2017, and August 31, 2018, were requested to get their projects registered with TS RERA before November 30 on ‘rera.telangana.gov.in’ to avoid penalties from December 1. Further to avoid congestion, they were asked to start filling in the information and upload the documents immediately and pay the fee accordingly.