• 8010730143

    gargpradeep34@gmail.com

  • Sidheshwar Chowk

    Near Harish Bakery, Gurgaon

  • Office Hour

    24x7 Hrs

admin January 3, 2018 Affordable Housing Project no responses

Adani Aangan Phase 2 Sector 88A Gurgaon

Adani Aangan 2- Adani Realty presents Adani Aangan phase 2 residential flats/ apartments in sector 88A  Gurgaon on Dwarka expressway highway, under Huda affordable housing policy scheme. View full details of Adani Aangan Phase 2 Gurgaon such as price, floor plans, specifications, construction status,  possession date, amenities and many more…...

Adani Aangan 2- Adani Realty presents Adani Aangan phase 2 residential flats/ apartments in sector 88A  Gurgaon on Dwarka expressway highway, under Huda affordable housing policy scheme. View full details of Adani Aangan Phase 2 Gurgaon such as price, floor plans, specifications, construction status,  possession date, amenities and many more…

Download Brochure for   Adani Aangan Phase 1                Adani Aangan Phase 2

Adani Aangan Phase 2 Gurgaon Project Overview- 

File ID- LC-3106B
Licence issued on  16/12/2016.
Building Plans approved on 28/11/2017
Developer Name- Alton Buildtech India Pvt. Ltd. (ADANI GROUP)
Area (acre)- 1.81 Acres
Sector- 88A- 89A Gurgaon
Colony Name- ALTON GUR-88A- 89A-AHP
Total Flats- 238 Flats
Flats Types 2 BHK
No. of Towers: 2 Tower ( D Block)
No. of Floors: S+15
Construction status construction will start later
Expected Possession Mid 2020 around





Adani Aangan phase 2 –In the benefits of Haryana Government’s Affordable Housing Policy

  • Price is All Inclusive EDC/IDC/ Power Backup/PLC/IFMS/Other Charges
  • 85 to 90 % Home Loan Finance available from all leading banks.
  • All Amenities like- Power back up, Securities, Open Area, Kids Play Area
  • All inclusive pricing based on carpet area at Rs. 4000/sq. ft. and Balcony at Rs. 500/-sq. ft.
  • Necessary to deliver project within 4 years
  • Payment plan spread proportionately over 3.5 years
  • Zero maintenance Charged by developer for 5 years post delivery
  • The allotment of flats will be done by lucky draw system in the presence of DTCP Haryana. Draw Date and Draw Result of Adani Aangan Gurgaon will be announced by Town & Country Planning Haryana.
  • Draw result date for Adani Aangan Phase 1 was on 11th February 2016.

Adani Aangan phase 2 Location Advantages:

  • Near to Main 150 mtr Wide Dwarka Expressway Road
  • Only 15 Drive to Indira Gandhi International Airport
  • Close Proximity to NH-8
  • Adjacent Proposed Metro Station
  • Major Residential Townships by Some of the Biggest Names in Real – Estate
  • 10 Min Drive From Diplomatic Enclave
  • IDEAL Residential Sector For Those are Working in IMT Manesar & Delhi
  • Close Proximity to the Proposed ISBT and Railway Station
  • In Close Proximity to a 100 Acre District Park ( Sector 102 ). The Project is Neighboring the Upcoming Reliance SEZ

Adani Aangan phase 2 price list

Unit Type Type Carpet Area Balcony Area Total Units Total Cost Application Money 20 % amount 12.5% amount
2BHK Tower D- Tper 11 645.84 100 120 2633360 131668 526672 329170
2BHK Tower D- Tper 12 645.84 100 118 2633360 131668 526672 329170

Cheque will be in favour of – Alton Buildtech India Pvt. Ltd.

Adani Aangan Phase 2 Affordable Housing
Gurgaon 8010730143
 Adani Aangan Phase 2 Affordable Housing Gurgaon
 Garg & Associates
211, Chandandeep Complex
Sohna Chowk Jail Road
Near Harish bakery
Gurgaon
Tel. : +91-8010730143
Email : ... Adani aangan gurgaon phase 2 ebrochure 8010730143

Adani aangan gurgaon phase 2 ebrochure 8010730143

 

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admin December 31, 2017 Affordable Housing Project no responses

Mahira Homes Affordable Housing sector 68 Gurgaon

MAHIRA HOMES- Mahira Group lanched its premium HUDA affordable housing scheme project in Mahira Homes Sector 68 Gurgaon Near Badshapur, Sohna road & Southern Periphery Road.  View full details of Mahira Homes Sector 68 Gurgaon such as launching date, price, floor plans, draw result, specifications, construction status,  possession date,...

MAHIRA HOMES- Mahira Group lanched its premium HUDA affordable housing scheme project in Mahira Homes Sector 68 Gurgaon Near Badshapur, Sohna road & Southern Periphery Road.  View full details of Mahira Homes Sector 68 Gurgaon such as launching date, price, floor plans, draw result, specifications, construction status,  possession date, amenities and many more…





  • Mahira Homes Sector 68 Gurgaon is 2 BHK & 3 BHK Huda affordable housing policy low budget flats.
  • File ID-LICENSE NO. LC-3298A
  • Licence issued on 22/12/2017.
  • Building Plans approved – Govt approved
  • Developer Name-Sai Aaina Farms Pvt. Ltd. ( MAHIRA GROUPS)
  • Area (acre)- 9.97 ACRES
  • Total Flats- tentative 1500
  • Total towers- 13 Towers 
  • Rera Certification – HRERA- 12 of year 2018
  • Location- Sector- 68 Gurgaon, near Near Badshapur, Sohna road & Southern Periphery Road
  • Application form ARE AVAILBLE WITH US.
  • DOWNLOAD Mahira Homes Ebrochure –

Mahira affordable Homes Sector 68 Gurgaon– Location Advantage

  • 0 km from Sohna road.
  • 7 kms From NH-8 Gurgaon
  • 25 mins drive from both IGI Airport and Dwarka once Dwarka-Manesar Expressway and in future Metro will be operational.
  • All existing amenities like Schools, Shopping Malls, Hospitals and Entertainment Hubs just at drive of 5 Minutes
  • Proposed Metro on Southern Periphery Road.
  • Landmark-Surrounded by ongoing projects like Era Sky valley, Ireo Corridors, Bestech Park view Spa next, Landmark Cyber Park, BPTP, Unitech etc..

Mahira Homes Sector 68 Gurgaon- In the benefits of Haryana Government’s Affordable Housing Policy

  • Price is All Inclusive EDC/IDC/ Power Backup/PLC/IFMS/Other Charges
  • 85 to 90 % Home Loan Finance available from all leading banks.
  • All Amenities like- Power back up, Securities, Open Area, Kids Play Area
  • All inclusive pricing based on carpet area at Rs. 4000/sq. ft. and Balcony at Rs. 500/-sq. ft.
  • Necessary to deliver project within 4 years
  • Payment plan spread proportionately over 3.5 years
  • Zero maintenance Charged by developer for 5 years post delivery
  • The allotment of flats will be done by lucky draw system in the presence of DTCP Haryana. Draw Date and Draw Result of Sai Aaina Farms Group Affordable sector 68 Gurgaon will be announced by Town & Country Planning Haryana.

  DOWNLOAD Mahira Homes Ebrochure –

Mahira Homes Sector 68 Gurgaon- Price list & payment Plan

Category Type No of Flats Size(Sqft) Balcony Cost Booking amount 20% amount
A 2 BHK 530 543.722 99.998 22,24,887 1,12,000 4,44,977
B 2 BHK 675 536.65 99.944 21,96,572 1,12,000 4,39,314
C 2 BHK 132 541.784 99.955 22,17,114 1,12,000 4,43,423
D 2 BHK 28 536.65 88.857 21,91,029 1,12,000 4,38,206
E 2 BHK 10 541.601 99.965 22,16,387 1,12,000 4,43,277
F 2 BHK 10 539.013 85.005 21,98,555 1,12,000 4,39,711
G 3 BHK 56 644.387 124.055 26,27,548 1,31,000 5,25,510
H 3 BHK 56 642.32 99.901 26,19,231 1,31,000 5,23,846

Mahira Homes Sector 68 Gurgaon Location Map Booking amount is Booking amount 5%

  • after draw / Lottery result   20%
  • REst 75% – in equal six installment in Gap of 06 Months

Mahira Homes Sector 68 Gurgaon floor plans & site plans

Mahira Homes 8010730143 Affordable Housing Gurgaon MY HOME…..MAHIRA HOMES 2 BHK Type A- Total 530 Flats Carpet- 543.72 Sqft Balcony 100 Sqft Cost 2224887/- Booking amount -112000/- 2 BHK Type B Total -675 Flats Carpet – 536.65 Sqft Balcony - 100 sqft Cost-2196572/- Booking amount- 112000/- 2 BHK Type C Total -132 Flats Carpet – 541.78 Sqft Balcony - 100 sqft Cost -2217114/- Booking amount 112000/- 2 BHK Type D Total -028 Flats Carpet – 541 Sqft Balcony - 100 sqft Cost -2214000/- Booking amount 112000/- 3 BHK Type G Total Flats- 56 Carpet – 644.39 Sqft Balcony - 127 sqft Cost -2627548/- Booking amount 131000/- 3 BHK Type H Total Flats- 56 Carpet – 642.32 Sqft Balcony - 100 sqft Cost 2619231/- Booking amount 131000/-

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admin December 16, 2017 Affordable Housing Project no responses

Agrante Realty Upcoming Affordable Housing Sector 108 Gurgaon

Agrante Realty Ltd is upcoming with new huda affordable housing project in Sector 108 Gurgaon within your budget. Get complete details of property specifications & related amenities. File ID-  LC-2985A LICENSE NO. issued on  DATED 30/11/2017. Developer Name- – Agrante Realty Ltd Area (acre)-  5.00 Acres Colony...

Agrante Realty Ltd is upcoming with new huda affordable housing project in Sector 108 Gurgaon within your budget. Get complete details of property specifications & related amenities.

  • File ID-  LC-2985A LICENSE NO. issued on  DATED 30/11/2017.
  • Developer Name- – Agrante Realty Ltd
  • Area (acre)-  5.00 Acres
  • Colony Name- Agrante GUR-108AHP
  • Total Flats-  740 Flats Tentative
  • 1BHK, 2BHK & 3BHK Highrise flats
  • Project will launch soon wait for application form.
  • Location- Sector 108 Gurgaon Near Dwarka Expressway National higway road Gurgaon.

For booking updates regarding Agrante Realty Upcoming Affordable Housing Sector 108 Gurgaon. please put your  query. 





In the benefits of Haryana Government’s Affordable Housing Policy

  • Price is All Inclusive EDC/IDC/ Power Backup/PLC/IFMS/Other Charges
  • 85 to 90 % Home Loan Finance available from all leading banks.
  • All Amenities like- Power back up, Securities, Open Area, Kids Play Area
  • All inclusive pricing based on carpet area at Rs. 4000/sq. ft. and Balcony at Rs. 500/-sq. ft.
  • Necessary to deliver project within 4 years
  • Payment plan spread proportionately over 3.5 years
  • Zero maintenance Charged by developer for 5 years post delivery
  • The allotment of flats will be done by lucky draw system in the presence of DTCP Haryana. Draw Date and Draw Result of Agrante Realty Upcoming Affordable Housing Sector 108 Gurgaon will be announced by Town & Country Planning Haryana.

 

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admin December 16, 2017 Affordable Housing Project no responses

Infinitive Analytics upcoming Affordable sector 70A Gurgaon

Infinitive Analytics Pvt Ltd is upcoming with new huda affordable housing project in Sector 70 Gurgaon within your budget. Get complete details of property specifications & related amenities. File ID-  LC-3037A LICENSE NO. issued on  DATED 20/02/2017 Developer Name- – Infinitive Analytics Pvt. Ltd. Area (acre)- ...

Infinitive Analytics Pvt Ltd is upcoming with new huda affordable housing project in Sector 70 Gurgaon within your budget. Get complete details of property specifications & related amenities.

  • File ID-  LC-3037A LICENSE NO. issued on  DATED 20/02/2017
  • Developer Name- – Infinitive Analytics Pvt. Ltd.
  • Area (acre)-  5.39 Acres
  • Colony Name- Infinitive GUR-70 AHP
  • Total Flats-  800 Flats Tentative
  • 1BHK, 2BHK & 3BHK Highrise flats
  • Project will launch soon wait for application form
  • Location- Sector- 70 Gurgaon Near Golf course extension road, sohna road & Southern peripheral road Gurgaon.

For booking updates regarding Infinitive Analytics upcoming Affordable sector 70A Gurgaon. please put your  query.





In the benefits of Haryana Government’s Affordable Housing Policy

  • Price is All Inclusive EDC/IDC/ Power Backup/PLC/IFMS/Other Charges
  • 85 to 90 % Home Loan Finance available from all leading banks.
  • All Amenities like- Power back up, Securities, Open Area, Kids Play Area
  • All inclusive pricing based on carpet area at Rs. 4000/sq. ft. and Balcony at Rs. 500/-sq. ft.
  • Necessary to deliver project within 4 years
  • Payment plan spread proportionately over 3.5 years
  • Zero maintenance Charged by developer for 5 years post delivery
  • The allotment of flats will be done by lucky draw system in the presence of DTCP Haryana. Draw Date and Draw Result of Infinitive Analytics Affordable sector 70A Gurgaon will be announced by Town & Country Planning Haryana.

 

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admin November 3, 2017 Affordable Housing Project no responses

Signature Global Affordable Sector 63A Gurgaon

Signature Global Affordable Sector 63A Gurgaon is upcoming affordable housing projects in gurgaon, tentative launching dates April/ MAY 2018. Signature Global Sector 63A Gurgaon is an affordable housing project under Huda affordable housing policy 2013. Signature affordable housing sector 63A...

SIGNATURE GLOBAL is coming up its premium affordable housing project in Sector 63A Gurgaon Golf course extension Road.  View full details of Signature Global Affordable Sector 63A such as launching date, price, floor plans, draw result, specifications, construction status,  possession date, amenities and many more…

  • Signature Global Sector 63A is 2BHK Huda affordable housing policy low budget flats.
  • Location- Sector 63A Gurgaon Golf course extension Road
  • Application form will come around May 2018.

Signature Global Sector 63A Gurgaon- Location Advantage

  • Located in the prime sector 63A of Gurgaon, Signature Global Affordable sector 63A Gurgaon is in proximity to the Golf Course Extention Road & Southern Periphery Road and sits comfortably in a great location. Apart from easy access to NH8, residents will also benefit from two new fast exit roads to Delhi, via Faridabad Road and Via M G Road. What’s more, Signature Global Sector 63a Gurgaon is approximately 2 kms away from proposed Metro Station which will further add to the traveling convenience.

Signature Global Sector 63A Gurgaon-– In the benefits of Haryana Government’s Affordable Housing Policy

  • Price is All Inclusive EDC/IDC/ Power Backup/PLC/IFMS/Other Charges
  • 85 to 90 % Home Loan Finance available from all leading banks.
  • All Amenities like- Power back up, Securities, Open Area, Kids Play Area
  • All inclusive pricing based on carpet area at Rs. 4000/sq. ft. and Balcony at Rs. 500/-sq. ft.
  • Necessary to deliver project within 4 years
  • Payment plan spread proportionately over 3.5 years
  • Zero maintenance Charged by developer for 5 years post delivery
  • The allotment of flats will be done by lucky draw system in the presence of DTCP Haryana. Draw Date and Draw Result of Sai Aaina Farms Group Affordable sector 68 Gurgaon will be announced by Town & Country Planning Haryana.

For project launching updates, get application form and floor plans please fill below query. We would love to hear from your side.

 





Tentative launching will be around April – May 2018.

About Builder – Signature Global

Signature Global (India) Private Limited was formulated in the year 2000, as one of the key stakeholders of SMC Group. SMC Group is one of the leading financial investment groups in india with a pan india presence. Signature Global (Inida) Private Limited enjoys a record of 14 glorious years of successful operations in the industry.

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admin September 20, 2017 Affordable Housing Project no responses

Reliance Affordable Plots at MET -Model Economic Township Jhajjar

Reliance Affordable Plots at MET -Model Economic Township Jhajjar. MET Project, a smart industrial township development is being developed by the Model Economic Township Limited (formerly known as the Reliance Haryana SEZ Ltd.), a subsidiary of Reliance Industries Limited. The...

Upcoming Launching soon affordable housing projects Gurgaon Sohna

Reliance Affordable Plots at MET -Model Economic Township Jhajjar. MET Project, a smart industrial township development is being developed by the Model Economic Township Limited (formerly known as the Reliance Haryana SEZ Ltd.), a subsidiary of Reliance Industries Limited.

The Model Economic Township (MET) Project is the integrated smart industrial township project by Reliance in Jhajjar district, adjoining Delhi and Gurgaon

Products

Industrial Plots, Warehousing Plots, Residential Plots and Group Housing, Commercial Plots, Plots for Institutions, Healthcare, Recreational and others.

Tentative plot prices at The Model Economic Township (MET) Project

  1. An industrial plot of         sq mtr @ Rs 7000 per sq mtr
  2. A Commercial plot of       sq mtr @ Rs 17,500 per sq mtr
  3. A Residential plot of                 sq mtr@ Rs 14,000 per sq mtr
  4. A Group Housing plot of      sq mtr@ Rs 10,500 per sq mtr

(Infrastructure Development Charges and External Development Charges as per Government of Haryana Policy will be extra as applicable)-

Here, we are selling Residential plot. Book affordable small ticket size plots with low price. plot size will be 50 sqmtr to 500 sqmtr. please put your query below





 

Reliance Affordable Plots at MET -Model Economic Township Jhajjar

Reliance Affordable Plots at MET -Model Economic Township JhajjarReliance Affordable Plots at MET -Model Economic Township JhajjarReliance Affordable Plots at MET -Model Economic Township JhajjarReliance Affordable Plots at MET -Model Economic Township JhajjarReliance Affordable Plots at MET -Model Economic Township Jhajjar

 

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admin September 10, 2017 Affordable Housing Project no responses





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admin September 4, 2017 Affordable Housing Project no responses
admin May 28, 2017 Affordable Housing Project no responses

Working in Gurgaon- than why to pay rent ? Buy Affordable Houisng

Working in Gurgaon- than why to pay rent- Pay EMI for your Own Home, Book flats in Gurgaon where total cost / all inclusive cost is - 3BHK* @ 26 to 27 Lac ONLY, 2 BHK @ 18 to 25...

Working in Gurgaon- than why to pay rent- Pay EMI for your Own Home.

Book flats in Gurgaon where total cost / all inclusive cost is – 

3BHK* @ 26 to 27 Lac, 2BHK @ 18 to 25 Lac* ONLY and 1BHK @ 12.5- 16 Lac * ONLY

and

1BHK rent in Gurgaon is around 8000-10000/-

2BHK rent in Gurgaon is around 12000-14000/-

3BHK rent in Gurgaon is around 15000-18000/-

See below which show how much you have to pay per month EMI if you are getting home loan 24 LAKH, 20 LAKH, 18 Lakh, 15 Lakh, 12 Lakh, 10 Lakh etc….at the interest rate @ 8.50% per annum.

 

24 Lakh- 20828/- pm, 

20 LAKH- 17356/- pm

18 Lakh- 15621/- PM

15 Lakh- 13017/- pm

12 Lakh- 10414/- pm

10 Lakh- 8678/- pm

 

Its easier to pay EMI rather than rent..

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admin May 1, 2017 Affordable Housing Project no responses

RERA Real Estate Regulatory Agency

RERA Real Estate Regulatory Agency. RERA makes home buyers the king, builders to benefit from buyers' confidence. why rera, rera for buyer, builder, & agent

RERA- Real Estate Regulatory Agency

RERA makes home buyers the king, builders to benefit from buyers’ confidence

RERA is a government body which comes under the Real Estate (Regulation and Development) Act which was passed in March 2016. This body will deal with all the issues, problems and provisions in the real estate sector of India. India’s landscape is a vast one and so is its population, hence, equitable land dealings becomes one of the primary focal points on which its development depends. Moreover, India is one of the fastest growing economies of the 21st century with massive developments in residential as well as commercial sectors. This calls for a transparent government real estate agency for a fair passage of real estate development in the country. Therefore, the need for RERA was growing. It is a first of its kind authority whose sole purpose is to channelize the people concerned with real estate, be it builders, buyers or real estate agents, into fair practices that can add in the overall development of the country.

In the last decade or so, many problems have arisen in the residential real estate sector. News regarding a buyer being cheated from a property dealer or a builder comes every now and then. These may be related to the delay of possession of a residential project, extra charges that were not told prior to the agreement, change of plans etc. Generally, the sufferers are the middle-class people of India who, by their hard work are trying to improve their overall status. Hence, the regulations of RERA have been made such that a buyer never has to face any sort of problems or irregularities regarding their properties. The problems for buyers are plenty in India, however, one must not forget the difficulties many builders have to face. The issues faced by the builders can range from the project approval to the ever-rising corruption. Thus, meraRERA is a portal where everyone one can understand the beneficial policies that RERA has incorporated for the people.

On this platform, we are trying to connect with the people that deal in real estate business or become a part of it. We are here to guide the buyers, builders and real estate agents on how they can contribute towards making India a better place to live, simply by adhering to the rules and regulations set by RERA. Our team has done thorough research on RERA, right from its inception to its approval in March 2016. We also keep a tab on all the latest updates regarding real estate in India. In this website, you will find detailed highlights of the Real Estate (Regulation and Development) Act, 2016 under which RERA comes. This includes the rules which the promoters, buyers and real estate agents have to follow. Also, it lays the duties of each individual as well as the government in regards to promote the real estate sector in India. These will be the most basic things one should know about the real estate bill.

The property buyers of India are in sheer sorrow due to the difficulties presented by the promoters and the real estate agents. There is numerous complaint against the promoters. We are not talking about every promoter or every real estate agent by everyone knows that there are some people who are not being honest. Due to their unending greed for money, the innocent buyers have to suffer. There are many cases registered where we can find that a buyer looking for a home for his family has to spend his time complaining against the builders. These complaints come in regards to late possessions of apartments by the promoters, unreasonable charges, change of plans etc.

Due to the endless complaints, the Real Estate Regulatory Authority Agency has taken the matters into its own hand and has formulated an agency known as RERA (Real Estate Regulatory Authority). RERA has brought some milestone changes regarding the laws in real estate sector of India. The wholehearted commitment of the government into maintaining fair play in the property business has come as a big relief for the buyers. Apart from the buyers, the promoters and the real estate agents who go by the government norms, but have to suffer from the spread of bad word against them due to some ill practices by some promoters and real agents, also will feel happy and relieved.

meraRERA is a portal made to make a healthy relationship for the promoters, agents and the buyers. It is very necessary that these three bodies work in tandem and help each other as the real sector of any country is its right arm regarding its economy. Apart from informing the promoters about the new guidelines, they have to follow and their functions in order to maintain a just way of purchasing and selling a house. meraRERA is also trying to make the real estate agents more efficient and customer-friendly so that the communication gap between a buyer and a promoter cannot lead to major issues and problems. All this will be done so that a buyer never feels cheated again.

RERA has set up some fundamental functions for the buyers which are laid upon as their rights.

  • A buyer is entitled to know all the plans of a real estate project in detail. He has the right to know the stage-wise completion of the project which includes the amenities as well.
  • A buyer is entitled to claim a written possession of his house and the common areas which he is entitled to as a member of the project. He has the right to get all the documents regarding the project.
  • A buyer has to pay the amount he has signed the agreement in the court. He will have to pay interests if he delays the payment. However, a promoter has to pay the same interest to the buyer if he delays his project or if he has not been able to provide what was said in the agreement.
  • The buyer should participate in forming an association after taking the physical possession of his house. He should also be active on the website of RERA India so that the flow of information can be maintained. His participation towards the deed of the apartment can be beneficial for other buyers.

Moreover, the establishment of RERA with those of Central Advisory Council and the Real Estate Appellate Tribunal will work to enhance the real estate market of India, bring the buyer confidence back and penalise those promoters and real estate agents who work unethically.

RERA has designed these functions in their bill. meraRERA’s team has done thorough research on the Real Estate Regulatory Bill as we know that there are many instances where a common man does not know that there are many rights and functions in the law that can help them win any case if they are right. The problem with us is that we get afraid by listening to stories about corruption from the government and the promoters. But, one must understand that these are only some people. The majority of the people still have faith in honesty. Thus, we request our common man to know their right and functions properly so that tomorrow no one can cheat them. For the promoters and the real estate agents, we think that if all the good ones can come to one side, then it will be easy for the government to capture the outlaw. For this, adhering to the guidelines set by RERA is very important for everyone.

The Real Estate agents are the medium between a buyer and a promoter. They have a strong presence in real estate sector as they have the marketing skills to profitably buy or sell a property. A buyer does not know all the property details and a promoter does not sell his properties himself, thus, a real estate agents’ role is of paramount importance. However, there are various unethical agents who fill their pockets by utilizing the gap between the buyer and the promoter. Also, there are many instances that after the sale of a property, the agent stops to take the responsibility of the problems related to that house. RERA India 2016 bill lays few guidelines for the functions and the duties of a real estate agent towards the buyer and the promoter. The formal bill of Real Estate Regulatory Act 2016 pdf can be found online at our website. meraRERA is making an effort to highlight those guidelines in a simpler form. An agent must adhere to these guidelines as these are made keeping in mind the problems arising due to the misconduct of real estate agents. Many a times the term ‘real estate agent’ is seen in a bitter taste in the Indian public. To make a healthy relationship between the agents with those of the buyers and promoters, the government is becoming strict as to grow a level of trust among different bodies of a real estate business.

Following are the guidelines that a real estate agent must have to follow. These are regarding the registration of an agent so that it can also be published in RERA India’s website which will help to build trust with a buyer.

• A person has to get registered with RERA in order to be eligible to sell or purchase a plot, flat or anything related to the real estate sector. Simply put, a real estate agent must register with the authority. For the registration, an agent must be in possession of all his documents and the required fee.

• It will be the duty of the Authority to grant a person the registration that will be applicable in the entire state. If the Authority finds any discrepancies in the documents, the application made by the person to become an agent will be rejected. However, the applicant will be given full details of his incorrect documents so that he gets another chance to apply.

• Many times, people become discouraged by some government rules of rejection if they do not get to know where their mistakes lie and starts to do unfair deeds without proper registration. To stop this, RERA will have to give proper justification on why a person’s application has been rejected. Also, the Authority is bound by the law to give the declaration, whether a person has been registered or rejected, within the prescribed time. If the Authority fails to do any of these, the person automatically gets registered in RERA.

• After a person becomes a real estate agent through registration with RERA, he will still have to keep a check on his activities because if the government finds any fraud in their work, the Authority has the power to cancel their registration with proper remarks and an opportunity for the agent to be heard.

Thus, we see that the RERA bill 2016 has been made with sheer intelligence as to correct the ambiguities which are in the existing laws. It aims to make the Authority proactive so that a person finds no reason to go on an unethical path to do his business. The real estate agency of India understands that people expect them to make rules in which there is no scope of any loopholes, neither from the people’s side nor from the government.

A real estate agent must understand that he is bound by a moral responsibility for the home seekers as a middle-class person puts all his life’s income in buying a home and it becomes a very sad picture when we come to know he has been cheated or not given the services for which he was charged for. The promoters or builders are the rich millionaires and generally work on many projects and thus, it becomes difficult for them to listen to each grievance of the buyer. Hence, it becomes the duty of the agent as he is the one to which buyer contacts and talks. In this Real Estate Regulatory Notification, the government has given a set of functions and duties to the real estate agents which can help the buyers in purchasing properties and in matters related to that.

• The agent should keep and maintain all the records, accounts and documents of a real estate project he has been indulged with. He should also keep a background check of a builder in order to make a buyer safe.

• He should abandon all the fraudulent behaviour related in buying or selling a real estate project. He should not give false or misleading information to a buyer about a project and should not represent himself as a promoter and approve to things of which the real promoter does not approve of.

• As per the RERA bill, a person or an organization working as a real estate agent should not advertise the services which are not a part of the project.

• He must provide all the documents related to booking, account, and registration which a buyer must have while buying a plot or a house.

After knowing these important and must follow aspects of Real Estate Regulatory Act 2016 RERA, a buyer should be able to deal in the purchase and selling off his property quite easily.  While buying a property, he must ask an agent to show his registration with the Authority as this will make a buyer stress-free and confident that if any wrong happens, then they can approach the Authority. This will also make an agent to feel proud of his work as the image of real estate agents in India is not good today, but it is of great importance that they get a feel-good response from the public as it will help in the overall flow of money in the right direction. This can only happen is the agent obliges to all these guidelines and duties which are made for them in this RERA bill.

Promoters are the builders or the developers who builds apartment buildings and sell those to home seekers. With increasing complaints against the promoters, the Real Estate Regulatory Act notification by the government of India has led multiple guidelines which the promoters have to meet so as to legally build a project or sell it. The complaints of the buyers that have increased in the last decade or so have been mainly about the late possession they get of their flat purchase, faults or changes in the plans of the project after the agreement has been made and many other problems. The promoters are found to play with the hard earned money of a home seeker. RERA is government authority which has been sanctioned under Real Estate Regulatory Act 2016. It is yet to be operationalised in the country, but according to the government, it will be on work under a year from now. It aims to make a system devoid of any loopholes which can maintain a healthy passage of purchasing and selling of real estate projects. It was high time that the government had to bring such a strict policy as the public feeling regarding the real estate marker has gone from bad to worst. This has made the people to stop engaging into the buying and investing in real estate which hampers the inflow of cash which further leads to a slow growth of economy. Thus, the government, even though realising it late, has made measures so as to check the work of the promoters.

meraRERA is a portal which aims to connect the promoters, real estate agents and the buyers so that the real estate market, in general, can be revoked. meraRERA helps the government by providing the information to the people. These guidelines if met properly can do wonders for the overall economy and harmony of India. Following are the guidelines that are set up by RERA for the promoters.

Registration –

  • The rules under RERA says that all the real estate projects, whether commercial, residential or under construction projects have to be registered with RERA under three months of its implementation. While applying for the registration, the promoter shall give a copy of ownership of land, every small detail of the project that has been planned, schedule of the construction, status of land, pro forma agreements and the information of all the real estate agents, contractors, engineers etc.
  • The Authority understands that the government is also a culprit in the real estate scams, as their late approval of plans delays a project or its development. This further discourages a promoter and he uses immoral practices. Real Estate Regulatory Agency has given strict guiding principle to RERA that it must register or reject an application within a month. If a project gets rejected, RERA is answerable to the promoter that on what basis his project has been cancelled. If these two things are not met by the government, the promoter’s project will automatically be registered with RERA.
  • RERA has the power to cancel the registration of a project if it finds any wrongdoing by the promoter regarding anything.

Changes to the registered plan – If a plan has been registered under RERA, it can only be changed with the consent of two-third buyers of that project. This will help the Authority and the buyers to tackle the problems arising due to the consistent change of plans by a promoter even if the buyer has signed an agreement with a particular plan and layout of the project.

Public Portal – If the project gets registered, then the promoter will be provided a login ID and password so that he can upload all the details of the real estate project along with his photograph on the RERA India’s website. This will be done so that a buyer can access to all the necessary details that he should know before signing the agreement. A promoter cannot advertise a project until it gets registered. Also, the website will contain the list of defaulters so that a buyer can beware of them.

Finishing the misuse of funds – Many times it happens that a builder uses the money he gets from a project to invest it in another project without finishing the previous one first. Doing this, a promoter draws himself into a web created by his owning doings and this leads to major problems for the buyers. Thus, to end this greed of some promoters, RERA has made some rules. Now, a separate account would be made in the name of the project. Leaving a minimum fund of 50% which a promoter gets through a project’s sale is mandatory. This will ensure that even if the promoter faces losses in other deals, he will have money to construct that project.

Functions and Duties of a Promoter – RERA has given certain functions of a promoter that he must do for a buyer. These include the details of a project’s registration, updates on projects, information about actions of a promoter regarding the project etc. A promoter has to take care of the services he provides and will have to guide a society until the society makes a local authority. The promoter shall also provide completion or occupancy certificate from a local governing body. The promoter cannot transfer the real estate project without a consent of two-third buyers of that project and without the prior approval of the Authority. A promoter has to refund and return the entire amount if he fails to deliver a project.

All these provisions are made so that a buyer can feel safe while getting a home. The laws under RERA that have been made for the promoters are not very strict if one sees them clearly and understands how a community should work. These rules are very basic in nature. Real Estate is not a difficult thing to understand, rather it had been made difficult with unfair practices in the past. We hope to see a positive response from the promoters.

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