Project Extension Service
The RERA Act, 2016 provides for the extension of the registration of a project granted under Section 5 of the Act. The promoter may apply to the authority for an extension due to force majeure, subject to the specific regulations made by the RERA Authority of the state. The application form and fee for the extension will also be prescribed by the state regulations. If you have any specific questions or concerns regarding the project extension service under RERA, please let me know and I will do my best to assist you.
Extension Application u/s 6
Under this category promoter can apply for project extension for a maximum period of 1 year. Provided that the Authority may in reasonable circumstances, without default on the part of the promoter, based on the facts of each case, and for reasons to be recorded in writing, extend the registration granted to a project for such time as it considers necessary for period not exceeding 1 year.
Extension Application u/s 7(3)
A) With consent of allottees
Where the promoter of a MahaRERA registered project is unable to complete the project in the extended time of one year, granted under Section 6, further extension may be granted if concerned association of allottees or society or cooperative society or a federation or any other body by whatever name called, consisting of a majority of allottees resolve that instead of revoking the registration, the existing promoter be permitted to complete the project in a specific time period and on payment of same fees as prescribed under the Rules for extension.
Promoter shall submit Consent of allottees (51%) in Format B.
B) Without consent of allottees
Promoter may approach to authority for further extension with reasons of delay in completion of project in writing along with supporting documents and state the steps that would be taken by him to complete the project within the extended period
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.
Our Offering
"Becoming clients first choice, delivering reliable and honest services, and creating value for our clients."
Our Conduct
"Providing most reliable services, by Efficiently & Ethically managing the operations, being accountable to our Industry and demonstrating high ethical standards."
Our People
"Fostering teamwork, nurturing talent, enhancing leadership capability and acting with pace, pride and passion."
Our Policies
"Adherence to our SOP's and Policies help bringing in uniformity in process and operations by clearly defining entity's approach."
Our Approach
"Our consultancy approach is personalized, collaborative, and innovative. We provide tailored solutions for each client's needs to drive success."
Services offered by us:
- We assist the Promoter in applying for project extension and preparing the documentation required.
- After scrutinizing and based on factors like project completion stage, extension term required, consent from allotees, etc we guide the builders on how to proceed for the project extension.
- We help Promoters determine the section for obtaining Project Extension under u/s 6 or 7(3)
- We guide in obtaining allotee consent via email, letter, etc
- We assist in preparing documentation and represent Promoters before authorities for extension without allotee consent. We provide complete follow-up until extension is received.