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Transaction Advisory Services

RERA Compliance

The Real Estate is one of the biggest sectors in India. The government got Real Estate (Regulation & Development) Act into the picture to ensure that this sector grows along with building confidence in the stakeholders. RERA was enacted to regulate transactions related to both residential and commercial projects.
The provisions like timely completion and delivery of projects to the buyers and making the information of the project plan, layout, government approvals, land title status, and sub-contractors available, consent of two-thirds of the allottees on any alteration or addition in the project, and other such provisions, would bring in more transparency and accountability in the real estate sector.
RERA makes it mandatory for all commercial and residential real estate projects where the land under development is over 500 square meters or no. of units to be constructed exceeds 8 apartments will have to register with the RERA authority before launching of the real estate project.
We at RBA understand, our clients need extensive support to run their business in sync with RERA guidelines, our client-centric focus helps our clients to strengthen their trust and transparency. We cover a wide range of advisory services, starting with the preliminary diagnostic checks to find out the readiness of a project for registration, getting the project registered under RERA and assisting with compliance management till the end of the project.
The systems or processes we help put in place are:

Project Registration
Preparation of Certificates as required by the Act.
Consultancy for preparation of books, cash flow management.
Assessment cases and consultancy in related matters.

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