Details

At Ronak Gandhi & Associates, we specialize in providing comprehensive compliance solutions under the Real Estate (Regulation and Development) Act, 2016 (RERA). Our expert team ensures that real estate developers, builders, and agents comply with the regulatory framework, avoiding legal complications and ensuring smooth project execution.

Our Key Services

1. Project Registration

We assist real estate developers in registering their projects with the respective RERA authorities, ensuring that all documentation, approvals, and financial disclosures meet the necessary regulatory requirements.

2. Agent Registration

Under RERA, all real estate agents must be registered to operate legally. We handle the registration process, ensuring compliance with the rules and helping agents avoid penalties.

3. Quarterly & Annual Compliances

RERA mandates periodic updates and financial disclosures from developers. Our services include:

• Quarterly progress reports on project development.
• Annual compliance filings with financial details.
• Timely submission of documents to avoid penalties.

4. RERA Audit & Form 5 Certification

Developers are required to conduct annual RERA audits and submit Form 5 certification to confirm proper financial management of project funds. We conduct:

• RERA audits to verify compliance.
• Form 5 certification by registered professionals.

5. Agreement Drafting & Vetting

We draft and review sale agreements, builder-buyer agreements, and allotment letters to ensure they comply with RERA guidelines, protecting developers and buyers from future disputes.

6. Title Due Diligence & Land Documentation

Before launching a project, developers must ensure the legal validity of land ownership and approvals. Our services include:

• Title verification & legal scrutiny.
• Checking encumbrances & prior approvals.
• Reviewing government permissions & clearances.

7. Escrow Account Compliance & Form 3 Certification

As per RERA regulations, 70% of project funds must be deposited in an escrow account to ensure proper fund utilization. We provide:

• Escrow account compliance support.
• Form 3 certification to confirm fund allocation & usage.

8. Representation Before Authorities

Developers and agents may face RERA queries, compliance notices, or disputes. We offer legal representation for:

• Responding to RERA notices.
• Handling disputes with buyers or authorities.
• Appearing before RERA appellate tribunals.

For RERA compliance consultation, contact Ronak Gandhi & Associates today!