Miscellaneous Service

Miscellaneous Service

Grevience Cell Formation

It is mandatory for all real estate promoters to establish a grievance cell for home buyers and allottees. This is a crucial step to promote a transparent, efficient, and competent real estate sector that prioritizes the interests of homebuyers and allottees. The grievance cell should ensure that all grievances raised by these parties are resolved swiftly and effectively. Failure to comply with this directive will result in legal consequences.

The Real Estate (Regulation and Development) Act, 2016 (RERA) provides a grievance redressal mechanism for aggrieved homebuyers. It ensures that the interests of the homebuyers are protected, and they are provided with a speedy and effective remedy in case of any dispute with the promoter. The RERA authorities have been set up at the state level to hear and resolve complaints made by homebuyers against the promoters. Homebuyers can approach the RERA authorities by filing a complaint along with the necessary documents and evidence to support their claim. The RERA authorities then investigate the matter and pass an order directing the promoter to rectify the defect or compensate the homebuyer, as the case may be.

NCLT Order Name Removal

The authorities have come up with listing of promoters against whom Corporate Insolvency Resolution Process (CIRP) has been initiated under the Insolvency and Bankruptcy Code, 2016.

All the promoters are required to form a Home Buyer/Allottee grievance cell facilitate growth and promote healthy, transparent, competent and efficient real estate sector to protect the interests of the homebuyers and allotees and ensure speedy grievance redressal.

Project Ranking & Grading Guidance

As per the Real Estate (Regulation and Development) Act, 2016 (RERA), developers are required to be registered with the regulatory authority and comply with various rules and regulations. One of the key provisions of RERA is the grading of developers, which is aimed at providing greater transparency and accountability in the real estate sector.

RERA mandates that every state establish a Real Estate Regulatory Authority (RERA) to oversee the real estate sector and register developers. The regulatory authority assigns a grade to each developer based on their track record and compliance with various rules and regulations. The grading system is based on various parameters such as the quality of construction, adherence to timelines, financial stability, and compliance with environmental norms.

The grading system is intended to help buyers make informed decisions when purchasing a property by providing them with information on the developer's past performance and compliance history. This, in turn, is expected to promote transparency and accountability in the real estate sector and protect the interests of homebuyers.

What makes us different

What sets us apart is our extensive knowledge and expertise in the RERA Act, which enables us to provide end-to-end assistance to our clients. We understand that each case is unique, and we devise customized solutions that cater to the specific needs of our clients. We also believe in transparency and keep our clients informed at every stage of the process. Our team of experts works tirelessly to ensure that our clients get the best in class services they deserve, well within the provisions of the RERA Act.