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Realty developers told to register projects
Chairman of Telangana State Real Estate Regulation Authority TS RERA Rajeshwar Tiwari said all the Real Estate projects approved on or after January 1, 2017 and plots having above 500 Sq mts area or more than 8 units must be registered with TS RERA
Hyderabad: Chairman of Telangana State Real Estate Regulation Authority (TS RERA) Rajeshwar Tiwari said all the Real Estate projects approved on or after January 1, 2017 and plots having above 500 Sq mts area or more than 8 units must be registered with TS RERA.
As per the said Act, no promoter shall advertise, market, book, sell or offer for sale, or invite persons to purchase in any manner any plot, apartment or building in any real estate project or part of it, in any planning area, without registering the real estate project with the RERA established under this Act.
Therefore, all the Builders or Developers who have taken permission for Real Estate Projects in between January 1, 2017 to August 31, 2018 for the above mentioned are requested to get their projects registered with TS RERA before November 30, 2018 through online in TS RERA Website rera.telangana.gov.in to avoid penalties. Further to avoid congestion, start filling the information and upload the documents immediately and pay the fee accordingly.
