Answer: Rs. 10,000 for every day during which such default continues, which may
cumulatively extend up to 5 % of the cost of plot, apartment or building, as the
case may be of the Real Estate Project
Answer: 60 days from the date on which a copy of the direction or order or decision made
Answer: Local sanctioning authority of the project
Answer: Form A - Needs to be filed with MAHARERA Authority for Complaints
Answer: Make Payments In A Timely Manner, Liability to Pay Interest, Formation of the Association
Answer: Conciliators - The conciliators shall assist the parties in an independent and impartial manner in their attempt to reach an amicable settlement of their dispute.
Answer: Marketing agency of a developer
Answer: A redevelopment project of existing society where there is no extra unit is constructed.
Answer: 3 months from the date of majority of allottees having booked their units
Answer: 10% of total consideration
Answer: 3 Months from the date of OC, 50% of the total number of allottees in such building or wing have paid the full
Answer: There are 2 types of Real Estate Agents - One is an Individual and the other is a Company, both can be registered for 5 years.
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