Guidelines For Extension of Registration Process – Karnataka RERA Circular No. RERA/ADM/CR.- 116 /2019-20  dated 17.12.2019

Karnataka Real Estate Regulatory Authority (RERA)
1/4, 2nd Floor, Silver Jubilee Block, Unity Building, CSI compound,
3rd Cross, Mission Road, Bengaluru-560027

No. RERA/ADM/CR.- 116 /2019-20 

Dated:17.12.2019

Circular

Sub: Guidelines for Extension of Registration – Reg.

Whereas, under Section 37 of the Real Estate (Regulation and Development) Act, 2016 (“said Act”) the Karnataka Real Estate Regulatory Authority is vested with the power to issue directions from time to time to the promoters, allottees or real estate agents’ as it considers necessary from time to time.

Whereas, the Chairperson, Karnataka Real Estate Regulatory Authority is also vested with the powers of general superintendence and directions in the conduct of affairs of the Authority under section 25 of the said Act.

Whereas, the Authority has been receiving various representations for providing an opportunity to extend the timeline provided at the time of registration with the Authority.

Whereas, under powers granted to the Karnataka Real Estate Regulatory Authority and its Chairman under the aforesaid provisions of the said Act and since the Karnataka Real Estate Regulatory Authority considers that it is necessary in the interest of the promoters including landowners and the allottees, the present Guidelines are issued by exercising powers under the aforesaid provisions of the said Act.

Therefore, to provide necessary guideline to promoters of Real Estate Projects, regarding the appropriate nature of compliance for extension of registration, the authority hereby annexed the format as provided in the Authority webportal for filing Application in Form ‘E’ for extension of registration and the Checklist to submit necessary documents and to this Guidelines for compliance to be ensured while seeking for Extension of Project Registration.

All promoters of real estate projects shall adhere to the guidelines, so as to avoid non-compliance which may lead to Regulatory action under the Act and Rules.

(By the approval of Hon’ble Chairperson)

Secretary
Karnataka Real Estate Regulatory Authority

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