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

Maha RERA directs Godrej Properties to refund the booking amount for a project initiated before RERA regulations.

The regulator determined that the project was ongoing when the real estate law came into…

1 week ago

The Importance of Due Diligence Before Purchasing Property

Due Diligence Before Purchasing Property, Due diligence is an essential step in any real estate…

2 weeks ago

Embassy Real Estate Investment Trust (REIT) has appointed Ritwik Bhattacharjee as the interim CEO.

This follows a SEBI order on November 4 directing Embassy REIT to suspend Aravind Maiya…

2 weeks ago

Macrotech acquires Bain Capital’s stake in three digital infrastructure entities for ₹307 crore.

Previously, Macrotech also acquired real estate firm Ivanhoe Cambridge's stake in the three entities, aligning…

2 weeks ago

Benefits of LEED-Certified Buildings for Investors and Tenants

LEED (Leadership in Energy and Environmental Design) certification has become a prestigious standard in the…

2 weeks ago

QIP issuances by real estate developers reached ₹12,801 crore from January to September 2024, marking the second-highest amount after the renewable energy sector

From January to September 2024, QIP issuances across all sectors totaled ₹75,923 crore, with real…

3 weeks ago

This website uses cookies.