RERA Registration Consultant in Nashik

Empowering Dreams, Expanding Horizons

At Nashik, Maharashtra, ReraFirst offers unmatched expertise in RERA regulations, making the application process smooth and stress-free. We understand that every project is unique, which is why we take a personalized approach, offering dedicated support to meet your specific requirements. Our team handles the complexities of paperwork and streamlines the entire process, saving you time and effort so you can focus on your core business.

By partnering with ReraFirst, you can have complete confidence in your project’s RERA compliance. Our expertise enhances your credibility and builds trust with buyers and investors, giving your project a competitive edge. We also understand the urgency of timely project launches. With proactive communication, diligent follow-ups, and a commitment to efficiency, we’ve achieved registrations in as little as 15 days—setting a new benchmark for speed and reliability in the industry.

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    RERA Registration in Nashik: Essential Documents Checklist

    1. Company KYC

    • Promoter’s PAN & GST details
    • Aadhaar, PAN, contact details, and photos of all partners/directors

    2. Legal Documentation

    • Legal title report (as per Circular No. 28/2021) from a practicing advocate
    • Agreement for Sale (as per Circular No. 60/2024, including all recent updates)
    • Allotment Letter (as per Circular No. 60/2024)
    • SRO membership certificate
    • Form B: Affidavit-cum-Declaration (as per Rule 3(6) of MahaRERA)
    • Details of a separate bank account for the project, along with a banker’s letter (as per Order No. 56)

    3. Professional Certifications

    • Architect (Form 1): Completion percentage of work finished
    • Engineer (Form 2): Cost of development
    • CA (Form 3): Project cost and fund withdrawal

    4. Approvals and Layouts

    • Legible copies of sanctioned layout approvals and building plan approvals
    • NA Order for plotted development (if applicable)
    • Commencement Certificate (if applicable)

    5. Communication with Planning Authority

    • PDF of email communication from the planning authority to RERA (as per Order No. 45/2023)

    6. Additional RERA-Specific Documents

    • 15+ RERA-specific drafts and other supporting documentation
    Trusted by famous companies

    Common RERA Registration Issues in Nashik, Maharashtra

    1. Title Discrepancies: Problems with the property’s legal title or missing/inaccurate search documents.
    2. AFS Clauses: Absence of required clauses or non-compliance with RERA standards in the Agreement for Sale (AFS).
    3. Allotment Letter Clauses: Errors, omissions, or incomplete details in the Allotment Letter clauses.
    4. Plan, CC, and Title Mismatch: Inconsistencies between the sanctioned plan, Commencement Certificate (CC), and title report.
    5. Carpet Area Disputes: Conflicts regarding the calculation or declaration of the carpet area.
    6. Form 3 Errors: Missing or incorrect documents in Form 3, failing to adhere to RERA guidelines.
    7. Commencement Certificate Validity: Concerns about the validity or expiration of the Commencement Certificate (CC).
    8. FSI Issues: Discrepancies or disputes regarding the Floor Space Index (FSI).
    9. Landowner Documentation: Missing or incomplete documentation related to the involved landowners.
    10. Document Format Errors: Incorrect or non-compliant document formats causing unnecessary delays in registration.
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    FAQ

    If a real estate project has land area less than 500 sq.mts but contains more than 8 apartments. Does it still need to be registered?

    No. Every real estate project which has land area more than 500 sq.mts and has more than 8 apartments needs to be registered. Project has to registered with MAHARERA if both the above condition are satisfied

     

    In the Online Registration Form for Projects, It is mandatory to upload Details of Encumbrances Certificate. However, my project has no encumbrances so what do I upload?

     If your project has no encumbrances, then you can upload a self-certification stating that your project has no encumbrances

    I want to register an Ongoing Project comprising of one tower, wherein I have received Part OC for the building. I want to register only those floors for which OC has not been registered as ongoing project. In this case, what do I enter as land area for these floors?

    The land area on which the complete project is being developed shall comprise as land area for this project.

    CAN A REAL ESTATE PROJECT BE REGISTERED UNDER MAHARERA ON THE BASIS OF IOD OR WITHOUT OBTAINING A COMMENCEMENT CERTIFICATE?

    No. As per Section 4(2)(c), a commencement certificate from the competent authority is a mandatory document while filing an application for registration

    What documents are required for MAHARERA Project Registration?

    KYC documents of builder, Commencemnet Certificate, Sanctioned Map, Title Search Report and various other legal and technical documents

    Registration: Are various certificates (Architect, Engineer, and CA) required at the time of registration?

    Yes, Builder/Developer need to submit all 3 proffessional certificates (Architect, Engineer, CA) at the time of registration

    Separate Bank Account: Can escrow account opened with the Bank from whom loans are availed, be treated as Separate Bank Account for a MahaRERA registered project?

    No. A separate bank account needs to be opened in accordance with the provisions of
    the Act and the rules made there under and it should not be the escrow account connected with the loan amount

    Is SRO membership compulsory for project registration?

    Yes. SRO membership is compulsory for project registration

    If project is commenced without registration can promoter now register the same project?

    A promoter can register the project even if the said project is commenced without registration.

    What are the precautions / guidelines for submission of the Encumbrance Declaration with respect to Finance by the promoter for project registration application?

    The Encumbrance Declaration should be submitted on the Promoter’s letterhead containing the Project name, full address of the project as mentioned in the project registration application. It should also contain the status of financial encumbrance of the project land/building as applicable. In case of no security interest (i.e. No Encumbrance on the project) has been created, it should be mentioned

    What are the precautions / guidelines for submission of the submission of the CERSAI report by the promoter for project registration application?

    The CERSAI report should be an Asset Based CERSAI report and the Search criteria entered
    should contain the Project name, Full project address (Land Details), PIN code of the project land etc. and these details should match with the details provided in the Registration Application. Also, with regards to the encumbrance status it should match the encumbrance status as mentioned in the Encumbrance Declaration – Finance.

    Should project name be same as mentioned Sanctioned Map?

    Project should be exactly same as mentioned as in sanctioned map

    Does separate bank account has to be opened before registration of project?

    The developer/ builder shall open following three bank accounts in the same bank before applying for project
    1. RERA Designated Collection Bank Account for the project
    2. RERA Designated Separate Bank Account for the project
    3. RERA Designated Transaction Bank Account for the project

    Is parking information necessary for project registration?

    Yes, as per order no. 54 date 29/04/2024, the number, type and size as well as place where parking is booked should be mentioned in allotment letter and agreement to sale

    What is Form 1?

    Form 1 is Architect certificate to submitted as the time of registration and subsequent withdrawal of money. Architect certitificate certifies the precentage of construction work completed for the project

    What is Form 2?

    Form 2 is Engineer certificate to submitted as the time of registration and subsequent withdrawal of money. Engineer certitificate certifies the cost incurred for construction of the project

    What is Form 3?

    Form 3 is CA certificate to submitted as the time of registration and subsequent withdrawal of money. In form 3 CA certifies the financila progress of work of project. It also mentions about amount collected from allottes. Money from separate bank account can be withdrawn on  basis of form 3

    What is carpet area as per MAHARERA?

    As per RERA Act carpet area means means net usable floor area of an apartment, excluding the area covered by the external walls, area under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but including the area covered by the internal partition walls of the Apartment

    Who is a promoter?

    1. Person who constructs or causes to be constructed an independent building or a building consisting of apartments, or converts an existing building or a part thereof into apartments, for the purpose of selling all or some of the apartments to other persons and includes his assignees; or
    2. a person who develops land into a project, whether or not the person also constructs structures on any of the plots, for the purpose of selling to other persons all or some of the plots in the said project, whether with or without structures thereon; or
    3. any development authority or any other public body in respect of allottees of—
    (a) buildings or apartments, as the case may be, constructed by such authority or body on lands owned by them or placed at their disposal by the Government; or
    (b) plots owned by such authority or body or placed at their disposal by the Government, for the purpose of selling all or some of the apartments or plots; or
    an apex State level co-operative housing finance society and a primary co-operative housing society which constructs apartments or buildings for its Members or in respect of the allottees of such apartments or buildings; or
    4. any other person who acts himself as a builder, coloniser, contractor, developer, estate developer or by any other name or claims to be acting as the holder of a power of attorney from the owner of the land on which the building or apartment is constructed or plot is developed for sale; or
    5. such other person who constructs any building or apartment for sale to the general public.

    When is the project exempted from registration?

    1.  where the area of land proposed to be developed does not exceed five hundred square meters or the number of apartments proposed to be developed does not exceed eight inclusive of all phases: Provided that, if the appropriate Government considers it necessary, it may, reduce the threshold below five hundred square meters or eight apartments, as the case may be, inclusive of all phases, for exemption from registration under this Act;
    2.  where the promoter has received completion certificate for a real estate project prior to commencement of this Act;
    3.  for the purpose of renovation or repair or re-development which does not involve marketing, advertising selling or new allotment of any apartment, plot or building, as the case may be, under the real estate project. Explanation:- For the purpose of this section, where the real estate project is to be developed in phases, every such phase shall be considered a stand alone real estate project, and the promoter shall obtain registration under this Act for each phase separately.

    Is ‘open parking areas’ a part of ‘common areas’?

    Section 2(n) defines ‘common areas’ to include ‘open parking areas’, thus open parking areas cannot be sold to the allottees.