Do You Have RERA Compliance Queries?

Complying with RERA provisions requires greater level of transparency, objectivity and professionalism, as it has enhanced the accountability and liability of real estate developers, property consultants etc. Therefore it is essential for real estate organizations to put in place a structured RERA compliance management process Developers need to streamline their processes, form teams and train employees on the new regulatory provisions. . However there are lots of confusion regarding RERA compliance by real estate organizations. On the other hand, NIREM with the mission to empower the Indian Real Estate sector is working to make the regulation as simple as possible.

If you are a real estate promoter or a professional into or planning to join the RERA compliance team and have any query regarding the RERA compliance, please send us your queries to info@nirem.org. Our Regulatory Compliance Expert Mr. Sumit Jha would respond to your queries. Please mail specific and relevant queries by 30^th April, 2017.

Developers scramble for Real Estate Act compliance: Hindustan Times

The year 2017 will be significant for homebuyers harassed for years because of property sale agreements lopsided in favour of developers, violation of building rules and delayed home delivery. The consumer-friendly Real Estate Regulatory Act (RERA), which kicks in from May 1, has pushed developers to sign agreements with buyers and take other initiatives which they claim are RERA compliant.

Mr. Sumit Jha, CEO, NIREM says that developers are putting up special RERA compliance teams to monitor projects and ensuring timely completion of projects, training sales professionals on customer interface post RERA and upgrading their agreement to sell. Read more at http://www.hindustantimes.com/real-estate/developers-scramble-for-real-estate-act-compliance-but-buyers-remain-sceptical/story-ixAlP94x4d8ZnFiHJJ2bpL.html

RERA Compliance Training by NIREM

Real Estate (Regulation and Development) Act, 2016 and the in-built Regulatory structure (RERA) is going to affect almost every part of a real estate organization’s operation. Irrespective of the size or the portfolio, every real estate organization (development or consulting) in India is now going to be guided by RERA provisions including enforcement actions, fines and the invisible reputational risk. 

Complying with RERA provisions requires greater level of transparency, objectivity and professionalism, as it has enhanced the accountability and liability of real estate developers, property consultants etc.

RERA Compliance

Therefore it is essential for real estate organizations to put in place a structured RERA compliance management process. Developers need to streamline their processes, form teams and train employees on the new regulatory provisions. However in the absence of proper awareness and training, RERA compliance may become a critical business challenge.

RERA Compliance Training

It is with the above background information, NIREM Institute of Real Estate Management, is organizing a one-day training program on RERA Compliance. NIREM is India’s leading real estate focused education and training organization and is a specialist in training and development of employees of real estate and allied sector organizations.

Target Participants:

The one-day RERA Compliance Training program is targeted at middle to senior level real estate professionals.

Location: New Delhi

Further Details:

To know more about the training program, please visit http://www.nirem.org/courses/rera-training/ or mail your request to nirem.india@yahoo.com clearly mentioning your name, designation, company name, contact number and mail id.

NIREM Institute of Real Estate Management 

New Delhi, URL: www.nirem.org 

E: nirem.india@yahoo.com 

Ph: +91.11.42484988 M: +91.782-788-4220