Categories News

Haryana RERA in partnership with other departments is organising a conclave on RWAs

The authority in partnership with other departments is organising to formulate guidelines for handing over projects to RWAs

Haryana Real Estate Regulatory Authority (HaRERA) has been tasked to come up with a detailed recommendation for handing over projects to RWAs, the formation of RWAs, and the obligation of builders.

The authority in partnership with other departments is organizing to formulate guidelines for handing over projects to RWAs

While speaking to Economic Times, KK Khandelwal, Chairman HARERA, Gurugram said, “Lack of knowledge of provisions related to Association of allottees in different Acts is the major problem amongst public. The main purpose behind the conclave is to spread awareness,”

The members from various welfare groups have been associated with discussing issues faced by RWAs pertaining to the registration of associations, and handing over of the project among others.

“RERA since its inception in 2017 has helped the real estate sector fetch better investments across the country. HARERA, amongst all, has been a frontrunner which has eventually made Gurugram the biggest investment destination for the realty sector. With HARERA’s multiple awareness initiatives, the bridge between the people and the authorities is gradually reducing,” said Navdeep Sardana, CMD of Whiteland Corporation.

Haryana RERA in partnership with other departments aims to create the country’s largest platform with 100+ RWA(s) representatives joining hands in creating awareness about the bylaws and guidelines.

The concerns and issues raised by RWAs are incorporated into the agenda for the conclave.

“A need has been felt to educate the allottees and their associations about various provisions of Haryana Apartment Ownership Act, 1983, Haryana Registration and Regulation of Societies Act,2012, Real Estate (Regulation and Development Act) 2016. Various provisions related to associations were incorporated in RERA Act, 2016 after coming into force of the Act. There was a need to resolve conflicting provisions in these Acts and effective implementation of these provisions was long due,” said ACS, Devender Singh.

Ankur Maheshwari

Share
Published by
Ankur Maheshwari

Recent Posts

Minimalist Interior Design Tips for a Classy Home

Minimalist interior design has become a global trend, celebrated for its simplicity, elegance, and functionality.…

3 days ago

How Technology is Revolutionizing Real Estate in India

The real estate sector in India, traditionally known for its slow-paced processes and manual operations,…

4 days ago

Fractional Ownership in Real Estate: Democratizing Property Investment

The real estate sector, traditionally a playground for high-net-worth individuals, is undergoing a transformation with…

1 week ago

The Yamuna Expressway Authority has received 1.12 lakh applications for 451 plots located near the Noida Airport.

Real estate experts highlighted that the strong response reflects the growing residential demand in the…

2 weeks ago

DLF names Badal Bagri as the company’s Chief Financial Officer.

According to the company, Bagri brings extensive expertise in corporate finance, controllership, treasury, strategic planning,…

2 weeks ago

The Impact of AI and Machine Learning on Personal Finance

Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing personal finance by transforming how individuals…

2 weeks ago

This website uses cookies.