Haryana builders seek extension for RERA registration
Builders have sought more time from the Haryana government to have their projects registered under RERA saying it involves a lot of documents and groundworkUpdated: Aug 03, 2017, 23:06 IST
After the state governments in Goa and Gujarat extended the 90-day deadline, till October 31, to developers to register their projects under the Real Estate (Regulation and Development) Act, 2016, developers’ bodies in Haryana have appealed for a similar extension as well.
Developers, who obtained licences from the town and country planning (TCP) department for projects that are incomplete and are yet to be issued completion or occupation certificates, had time till July 31 to apply for registration under the new act to avoid penalty of 10% on the total cost of the project.
As was seen in seen in other states, in Haryana, too, most of the developers had been waiting for rules to be notified first.
Confederation of real estate developers’ association of India (Credai) vice president Ajay Singhal said, “In Goa and Gujarat, the governments have agreed to extend registration time till October 31, 2017. For developers in Haryana, we have appealed for a 90-day extension.”
The developers argued that lot of documents and ground works are required before applying for the registration.
“The rules were notified on July 28 and it was impossible for developers to comply by July 31, as there is a lot of preparation required in terms of applications and other compliances. It was not possible for builders to register all their projects with the RERA,” said the Credai letter.
“In view of the said complications, it is humbly requested that time for registration of the projects may be extended by 90 days till October end for the effective and practical implementation of the act,” the letter stated.
The National Real Estate Development Council (Naredco) has also appealed to Haryana government to give time to developers who could not apply for registration due to confusion over the process.
“We have appealed for extension for those who could not apply for registration,” Praveen Jain, president of Naredco, said.
Arun Kumar Gupta, principal secretary to government of Haryana TCP, said, “I have not received any such request. However, I am not competent to grant extra time in this regard.”