HRERA site yet to become operational, promoters asked to create own portal

CHANDIGARH: As the website of the Haryana Real Estate Regulatory Authority (HRERA), Panchkula, is yet to become operational, the authority has asked promoters to create their own project website with full disclosure about the project, including details regarding the approved plans, project bank account, and ongoing litigation.

The regulatory authority, which has the jurisdiction of the entire state, except Gurgaon, has made regulations pertaining to project registration, complaints adjudication and general regulations, in exercise of the powers conferred on it under Section-85 of the Real Estate (Regulation and Development) Act, 2016, HRERA, Panchkula.

REVISED FORM REP-I FOR PROJECT REGISTRATION

Projects can be registered by filing the revised Form REP-I on paper till website of the HRERA, Panchkula, becomes operational. Along with the application form, the promoter has to furnish a copy of the draft allotment letter to be issued to the buyers.

PRICE REGULATIONS

Apartment price has to be on the basis of carpet area, and plot price on the basis of per square metre of net usable area of the plot.

Apart from the price, the promoter can’t demand or receive any other cost, fee or charge under any name or definition except reasonable charges for maintenance of essential services and common facilities.

The promoter has to bear the consequences of delay in completion or escalation of cost on account of problems of funding of the project.

COMPLETION SCHEDULE

The scheduled date of completion of the project cannot be extended or altered for the reason of nonreceipt of any statutory approval.

The responsibility for obtaining all approvals shall be that of the promoter and the apartment buyers shall not be asked to bear any liability for the same either on account of delay in the completion of the project or escalation of cost of the construction.

ORDER REVIEW

Any person aggrieved by a direction, decision or order of the authority, from which no appeal has been preferred or from which no appeal is allowed, may apply for a review of such order, within 45 days of the date of the direction, decision or order, as the case may be, to the authority.

Moreover, each advertisement of the project, has to prominently show its registration number and website where details of the project could be accessed, as per regulations or as directed by the Authority.