[ecis2016.org] We look at the host of services provided for home buyers, developers, as well as real estate agents, on the AP RERA website
The Andhra Pradesh Real Estate Regulatory Authority (RERA) was set up under the Real Estate (Regulation and Development) Act, 2016. The state government has notified the Andhra Pradesh Real Estate (Regulation and Development) Rules in 2017. In this article, we discuss how to use the AP RERA website.
You are reading: All about Andhra Pradesh RERA
How to search for registered projects on AP RERA?
Go to the homepage of AP RERA (rera.ap.gov.in) and go to Registered >> Projects to see a list of projects.
How to search for registered agents on AP RERA?
Go to the homepage of AP RERA (rera.ap.gov.in) and go to Registered>> Agents for a complete list.
How to register your project on AP RERA?
Make sure you read the instructions, before filling out the form for project registration. You can find all the forms here.
Step 1: Go to the Project Registration tab and on the landing page, click on either ‘New’ for new projects or ‘Existing’ to register an old project.
Step 2: Proceed to fill up the details. An application number will be automatically generated in this form. Enter the PAN card details. In case the PAN card is invalid or used for other than individual uses, then, an alert message will show up.
Step 3: Based on your PAN card number, all the existing projects registered under the name of the promoter will be displayed as shown below. Fill all the required details.
Read also : Aarey Colony metro car shed shifted To Kanjurmarg
Step 4: Feed your bank account details and upload the latest bank statement.
Step 5: After this, you will be asked to enter the promoter’s details, such as name, father’s name, Aadhaar number, contact details, website details, location details, license details, GST number, etc.
Step 6: Next, you will be asked for details of projects launched in the last five years, litigation details, tax return acknowledgements of the last three years, balance sheet, etc. You will be required to upload relevant documents.
Project details will include:
- Project name
- Project description
- Project type (commercial/ residential/ project by government departments/ mixed development/ layout for plots/ layout for plots and buildings)
- Project status
- Building plan no
- Building permission validity from
- Building permission validity to
- Project starting date
- Proposed date of completion
- Cost of land and details such as whether the project is residential/ commercial/ mixed development/ project by government departments
- Estimated cost of construction
- Total land area (in sq metres)
- Height of the building (in metres)
- Total plinth area
- Total built-up area
- Total open area
- No of garages available for sale
- Total area of garages
- No of open parking spaces
- Total open parking area
- No of covered parking spaces
- Total covered parking area
Step 7: After you input all the details, click the ‘Save and continue’ button and a dialog box will appear with ‘Project details saved successfully’.
Step 8: Follow the steps as guided and make the payment.
[ecis2016.org] All about e panchayat Telangana
AP RERA and grading of promoters
As a progressive step, the AP RERA has decided to grade developers, so that buyers are able to make an informed decision. The regulatory body has set parameters, on the basis of which developers will be graded and these include the developer’s track record, completed projects, litigation, financial health, construction quality, structural stability, brands and quality of fittings and finishes, maintenance (after-sales), building permit order, NOCs from authorities, encumbrances, source of funds, financial agreements, mortgage with financial institutions and banks, innovation, quality, building design, construction technology, quality of amenities, etc.
How to register yourself as a real estate agent on AP RERA?
Read also : Property rates & trends in BTM Layout, Bengaluru
If you are a real estate agent, you will need to register yourself and provide details, such as PAN card and Aadhaar card, your contact details and the company, if you represent a company, information about the enterprise, address proof and details of past litigations, if any.
Simply go to Registration>> Agent Registration and continue to fill in your details. You can access the form here.
AP RERA and grading of agents
The regulatory body will soon undertake a grading system for real estate agents in Andhra Pradesh. In order to narrow the trust deficit in the market and to make real estate buying and selling smooth and transparent, prospective home buyers must be informed about the importance of siding with a good agent. Rather than going with word-of-mouth recommendations alone, the AP RERA will now help buyers who are looking to verify the efficiency of the agent. Based on documents and the information submitted by the brokers during registration, the AP RERA will soon undertake grading of the agents, which will boost accountability in the real estate industry.
Ratings will be assigned after analysis, on set parameters such as previous projects for which sales have been facilitated by the agent, details of the partners, legal cases and clearances, financial stability of the broker, IT returns and balance sheet. Moreover, the agency will be under surveillance throughout his or her tenure.
AP RERA fee calculator for developers
The AP RERA has a convenient calculator for all the builders in the state. Simply feed in the details about your project type, plan approval date, date of payment for registration, area, total built-up area and the fee can be easily calculated in minutes. The fee can be paid through Demand Draft or NEFT/RTGS.
Similarly, real estate agents have to pay a registration fee that is fixed by the state RERA.
RERA timelines in Andhra Pradesh
Requirement | Time taken |
To issue registration certificate of a project from the date of submission | 30 days |
Redressal of complaint from the date of filing | 30 days |
Withdrawal of registration of project by the Promoter | 30 days |
Redressal of grievance filed before the appellate tribunal | 60 days |
Handing over of possession to the allottee by the promoters | 2 months |
To revoke the registration from the date of issue of notice | not less than 30 days |
Handover of all plans,documents, etc., to the association (after obtaining occupancy certificate) | 30 days |
Response duration for allottee/promoter/agent after receiving the notice | Not more than 30 days |
After registration of project, login ID is created within (for deemed project) | same day |
Intimation of change of professionals (Architect/Engineer/CA/Contractors) | 7 days |
Quarterly update of progress of the work | within seven days from the expiry of each quarter |
Refund of amount by the promoter to the allottee from the day of decision by judicial officer | within 45 days |
Any vacancy caused to the office of the chairperson or any other member shall be filled-up (from the date on which such vacancy occurs) | within 3 months |
Intimation by promoter to the authority, when allottee has withdrawn from the project | 30 days |
Rectification of the structural defects by the promoter after intimation by the allottee/association of allottees | 30 days |
How to file complaints under AP RERA?
Step 1: Go to the official website and click on ‘Registrations’.
Step 2: Click on ‘Complaint Registration’ to proceed.
Step 3: You will need to fill the form C1 with all the necessary details. Also keep handy, the fee receipt, agreement for sale, interim order and supporting documents. The form is divided into parts. ‘Save and continue’ after each page.
FAQs
Where is RERA Andhra Pradesh located?
You can visit the AP RERA officials at: Andhra Pradesh Real Estate Regulatory Authority, 1st Floor, RTC House, Vijayawada, 520013. You can also contact them at helpdesk-rera@rera.gov.in
Is RERA AP and Telangana RERA same?
No, both states have their own regulatory authorities.
What about new project registrations in AP RERA during COVID-19?
As per the government’s mandate, project registrations are required to be completed within 6 months, instead of 45 days, from the date of obtaining the Building Permission from the competent authorities, starting March 25, 2020.
What does AP RERA say about the project completion date after COVID-19?
Project completion dates are extended by 6 months for all registered projects, whose completion date falls on or after March 25, 2020, without the need for making individual applications.
Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org
Source: https://ecis2016.org
Category: Lifestyle