Haryana RERA to formulate guideline for handing over of projects to RWAs

Haryana Real Estate Regulatory Authority (HaRERA) will come up with a detailed guideline for handing over of projects to RWAs, formation of RWAs and obligation of builders.

The authority in partnership with other departments is organising a conclave on RWAs to make them aware of the existing Act.“Lack of knowledge of provisions related to Association of allottees in different Acts is the major problem amongst public. The main purpose behind the conclave is to spread awareness,” said KK Khandelwal, Chairman HARERA, Gurugram.

The members from various welfare groups have been associated for discussing issues faced by RWAs pertaining to registration of associations, handing over of the project among others.“RERA since its inception in 2017 has helped real estate sector fetch better investments across the country. HARERA, amongst all, has been a frontrunner which has eventually made Gurugram the biggest investment destination for realty sector. With HARERA’s multiple awareness initiatives, the bridge between the people and the authorities is gradually reducing,” said Navdeep Sardana, CMD of Whiteland Corporation.

The upcoming event aims to create country’s largest platform with 100+ RWA(s) representatives joining hands in creating awareness about the bylaws and guidelines.

The concerns and issues raised by RWAs are incorporated in agenda for the conclave.

The Societies are registered under Haryana Registration of Societies Act. Lack of awareness about provisions of registration in the Act and remedy available in case of issues arising out of internal mismanagement of associations need to be addressed.

“A need has been felt to educate the allottees and their associations about various provisions of Haryana Apartment Ownership Act, 1983, Haryana Registration and Regulation of Societies Act,2012, Real Estate (Regulation and Development Act) 2016. Various provisions related to associations were incorporated in RERA Act,2016 after coming into force of the Act. There was a need to resolve conflicting provisions interse these Acts and effective implementation of these provisions was long due,” said ..ACS, Devender Singh.