The Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation in India, enacted to regulate the real estate sector and safeguard the interests of homebuyers. Advocate Mr. Purushottam Tiwari specializes in handling matters under RERA, offering expert legal services to developers, real estate agents, and homebuyers. His deep knowledge of RERA ensures transparency, accountability, and compliance in real estate transactions, project development, and dispute resolution.
Key Aspects of RERA Practice Area:
RERA Registration
Under RERA, developers and real estate agents are required to register their projects and businesses with the respective state’s Real Estate Regulatory Authority before advertising or selling properties. Advocate Mr. Tiwari helps developers and agents navigate the registration process, ensuring full compliance with RERA regulations.
Project Approvals and Compliance
Advocate Mr. Tiwari assists developers in obtaining the necessary approvals for their real estate projects and ensures ongoing compliance with RERA norms throughout the lifecycle of the project. His expertise mitigates the risks of legal complications and delays, safeguarding the interests of developers and homebuyers alike.
Builder-Buyer Agreements
One of the core aspects of RERA is ensuring fairness in builder-buyer agreements. Advocate Mr. Tiwari reviews and drafts these agreements to ensure that the terms comply with RERA provisions and that the rights of homebuyers are protected. His legal guidance ensures that buyers enter into agreements that are transparent and legally sound.
Project Delays and Compensation
In cases of project delays, homebuyers have the right to seek compensation from developers under RERA. Advocate Mr. Tiwari represents homebuyers facing such issues, guiding them through the dispute resolution mechanisms available under RERA and ensuring that they receive the compensation they are entitled to.
Title Verification
Before a real estate project can proceed, it is crucial to verify the title and ownership of the land. Advocate Mr. Tiwari conducts thorough title verifications to ensure that developers have the legal rights to develop and sell properties. His legal due diligence helps reduce risks for both developers and homebuyers.
Adjudication and Dispute Resolution
Disputes between developers and homebuyers are often brought before RERA authorities for adjudication. Advocate Mr. Tiwari represents clients in such disputes, ensuring a fair and transparent resolution in compliance with RERA provisions. His experience in dispute resolution provides clients with an effective legal strategy.
Consumer Complaints
Homebuyers facing issues such as false advertising, project delays, or unauthorized changes to project plans can file complaints under RERA. Advocate Mr. Tiwari assists clients in filing these complaints and represents them before RERA authorities, ensuring that developers are held accountable for any violations of RERA regulations.
Regulatory Compliance
For real estate developers and agents, compliance with RERA regulations is critical. Advocate Mr. Tiwari provides comprehensive guidance to ensure compliance with all aspects of RERA, including disclosure requirements, financial regulations, and project transparency, minimizing legal risks and penalties.
Appellate Proceedings
If either party is dissatisfied with the decision of the RERA authority, they can appeal to the respective state’s Real Estate Appellate Tribunal. Advocate Mr. Tiwari represents clients in appellate proceedings, leveraging his expertise to secure favorable outcomes in complex legal disputes.
Legal Due Diligence
Advocate Mr. Tiwari conducts extensive legal due diligence for real estate transactions, ensuring that projects are fully compliant with regulatory standards and free of legal encumbrances. His meticulous due diligence process reduces the risk of future disputes for developers, agents, and homebuyers.
The RERA practice area has grown in significance due to the complexities of real estate transactions and the increasing need for consumer protection. Advocate Mr. Purushottam Tiwari plays a pivotal role in ensuring that all real estate transactions adhere to RERA regulations and that the rights of all parties involved are protected. His legal expertise offers clients peace of mind in navigating the evolving landscape of real estate law.
