Nation Current Affairs 01 Feb 2019 Telangana state RERA ...

Telangana state RERA deadline extended till February 15

DECCAN CHRONICLE.
Published Feb 1, 2019, 12:46 am IST
Updated Feb 1, 2019, 12:46 am IST
On August 31, 2018, RERA had announced November 30, 2018 deadline to register the projects approved on or after January 1, 2017.
Agents of real estate projects and residential layouts have to register themselves under the Real Estate Act.  (Representational Image)
 Agents of real estate projects and residential layouts have to register themselves under the Real Estate Act. (Representational Image)

Hyderabad: Telangana state Real Estate Regulatory Authority (TS-RERA) has yet again extended the deadline for accepting applications filed for mandatory registration by projects, till February 15 with a penalty of Rs 2 lakh.

On August 31, 2018, RERA had announced November 30, 2018 deadline to register the projects approved on or after January 1, 2017. Howev-er, TS-RERA since then extended the deadline several times and on January 30, it decided to levy penalty of Rs 2 lakh on late applicants.

 

The real estate promoter will be informed about the penalty for late registration either by email or through a pop-up once the application is submitted online between February 1 and February 15.

Agents of real estate projects and residential layouts have to register themselves under the Real Estate Act.

...
Location: India, Telangana, Hyderabad




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