Process of Registration by Taxhub
Upload the basic Documents
Choose your requisite plan and pay the fees
Taxhub will draft the Notice & send it to the Builder
Taxhub will prepare draft for court trial process
Taxhub will appear before court to present facts
What is RERA?
RERA (Real Estate Regulatory Authority) is an act for the regulation and promotion of the real estate sector to ensure the sale of apartment, plot or building in an efficient and transparent manner. It is a dedicated court for the real estate sector and has a fast case-resolution rate. RERA exists to protect the interests of home-Buyers in India.
If any developer, promoter or builder of the property doesn’t have the approvals or if s/he has defaulted under the Act in any manner, you may file a complaint before the RERA authorities through the most experienced RERA advocates in your locality.
Procedure of filing of Compliant with RERA
Following are the steps which need to be followed for filing complaint with RERA
• Document Verification
You will be required to share scanned copies of documents related to the property for verification by a lawyer.
• Compliant Drafting
Within 10 days of receiving your documents, the lawyer will draft and share the complaint copy for your review
• Filing of Complaint
The complaint will be filed in RERA within 3 days of approval of the draft
• Waiting for Reply
We will wait for the builder to reply to your complaint.
• Hearing & Arguments
RERA will conduct hearings in the matter. TAXHUB will update you after every hearing
• Judgment
RERA will deliver the judgment in the matter
• Execution
In case of non-compliance of judgment by the builder, execution proceedings will be initiated for attachment of builder’s assets.
Basic Documents Required for RERA Complaint
1. Application for buying of property in the Project.
2. Builder-Buyer Agreement.
3. Receipts/Proof of payments made to the builder.
4. Letters/ email correspondences between the Buyer and the Builder.
5. Brochure of the Project
6. Letter of Allotment
9,999/-
All Inclusive Fees
| Consultancy and Briefing of Facts |
| Drafting of Complaint |
19,999/-
All Inclusive Fees
| Consultancy and Briefing of Facts |
| Drafting of Complaint |
| Drafting of Case & Filing before the court of Law |
44,999/-
All Inclusive Fees
| Consultancy and Briefing of Facts |
| Drafting of Complaint |
| Drafting of Case & Filing before the court of Law |
| Appearing Before the court for hearing of matter |
| Customized package available for per hearing assignments |
Benefits of RERA Complaint
Under the RERA Act, a minimum of 70% of the buyer’s money will be kept in a separate escrow account. The builders cannot ask for more than 10% of the property’s value as an advance payment before the sale agreement is signed
Builders are supposed to submit the original documents for all projects they undertake. Builders are not supposed to make any changes to the plan/ layout of the project without the consent of the buyers.
For 5 years from the date of purchase, a home buyer can raise any issue before the builder which must be resolved by the builder in 30 days from the date of notification of the issue to the builder.
A builder cannot advertise, sell, build, invest, or book a plot without registering with the regulator. After registration, all the advertisements for investments should bear a unique project-wise registration number provided by RERA
RERA has now instructed developers to sell properties based on carpet area and not super built-up area. In the event that the project has been delayed, buyers are entitled to get back the entire money that they have invested or they can also choose to invest and receive monthly investment on their money
Under RERA the need to go through lengthy and time-consuming judicial proceeding eliminates
Shares of a company are movable property and thus can be transferred like any other property. A public company can freely transfer its shares, but there are some restrictions.
The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted.
