RERA Approved Projects in Gurgaon
- May 10, 2024
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RERA is the Real Estate Regulatory Agency which was set up as an Act by the Parliament of India in 2016. The primary objective of RERA is to safeguard the buyers of plots from any kind of fraudulent activities and to contribute to the growth of real estate investments. RERA offers transparency, accountability, and protection to the buyers who are seeking to purchase plots, apartments, or flats. The RERA act applies not only in Gurgaon, but across India. However, a specific set of rules has been made for each state.
The act plays a crucial role in building the trust and confidence of the buyers in the builders involved in constructing the project. Once a project is registered under the act, the trust and confidence in the builder increases as the reputation of the act has been built over the years.
RERA Projects in Gurgaon There are large numbers of RERA approved plots located all across India majorly in Gurgaon. The Developers firstly look into the RERA registration process as it provides various benefits to the developers as well as to the buyers. There are almost 600RERA approved projects in Gurgaon, which are namely the Godrej Zenith which will be launched soon, Smart world the Edition which is a under construction project and will be completed in 2031, Puri Diplomatic Residents which is a under construction project and will be completed in 2028, DLF Privana is one of the newly launched project which will be completed in 2026, Élan the Presidential it is one of the under construction project and would be completed this year, M3M Capital is one of the under construction project and will be completed in 2026.These are only few mentioned projects there are many more projects located which provides the various facilities as well as the benefits of RERA act.
Documents Required for the Registration Process in RERA
Documents required for registration include:
Registration fees payable via cheque/bank draft
Land license for the project
Documents related to the license validation
Ownership documents
Copy of bilateral agreement (DTCP) and DTCP (LC IV) at the time of grant of the license
Various documents related to cooperation and the license
Cash flow statement for the registering project
Certificate from chartered accountant with balance sheets/revenue statement to be acknowledged
Draft allotment letter and draft agreement
Copy of company certificate of incorporation
Copy of CIN number and PAN number of company
Copy of address proof (Aadhar card)
Chairman managing director's PAN Card
Total liabilities held by project till date
Estimated cost of project
Balance sheet of last 3 years of developer and license
How to Apply for RERA?
The process of registration for RERA starts as firstly if in case you are registering from Gurgaon, you have to visit website - https://haryanarera.gov.in/ . Then select project registration and sign up for continuing the registration process, then a another page would be opened where you have to fill some basic information regarding the project save the correct information then a page regarding applicant details would be opened fill the details according in the required fields, then in the new page according to form A deposit the requisite fees as per the rules of RERA. Here the online registration form is filled you can preview your form and rectify your mistakes if any and temporary project ID would be saved in the system for future references, then take out the print out of the form keep it in office records and submit to the authority with all the required documents. After the submission of the documents as well as the online forms a receipt will be generated which enable the project to be recognizable and process will would continue as per the needs.