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Q.Maharera: Rera Payment Schedule on Pre-Rera Registration
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Q. Maharera: Rera Payment Schedule on Pre-Rera Registration

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Anonymous

posted 5 months ago

Whether RERA payment structure should be followed or not in case of pre-rera registration and post-rera demand.
old(pre-rera) buyers suffer loss due to loss of interest on early payments(99.5% on last slab)

Builder took around 95% of agreement value on 28th slab and around 99.5% on Last slab(30th Slab)
Agreement was pre-rera dated 08-March-2016,
28th Slab onwards demand was post-rera.
As per my understanding of maharera payment structure only 70% payment should be done till last slab.
75% demand should come on completion of of the walls, internal plaster, floorings doors and windows
75% demand requirement is still incomplete in RERA website for this project.

Builder disagrees mentioning that agreement was done pre-rera so they follow agreement payment structure.
Please provide clarification on the same, whether RERA payment structure should be followed or not in case of pre-rera registration and post-rera demand.
old(pre-rera) buyers suffer loss due to loss of interest on early payments(99.5% on last slab)
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A. Dear Sir,
It all depends upon agreement between you since it appears to be pre-RERA case.

For full procedure contact me on mobile through Vidhikarya.
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https://vidhikarya.com/LawyerRating/9506c43f5d0b2d266a07

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Administrative Law (467)
Adoption (125)
Advertising (59)
Animal Laws (40)
Arbitration and Medi... (50)
Aviation (16)
Banking (591)
Bankruptcy and Debt (201)
Cheque Bounce (423)
Child Custody (166)
Civil (2152)
Commercial (93)
Consumer Protection (582)
Contracts and Agreem... (486)
Corporate and Incorp... (114)
Criminal (1681)
Customs, Excise (42)
Cyber, Internet, Inf... (349)
Debt and Lending Agr... (79)
Debt Collection (178)
Divorce (664)
Divorce and Separati... (1600)
Documentation (314)
Domestic Violence (645)
Election Campaign an... (23)
Employment and Labou... (1168)
Environment and Natu... (31)
Equipment Finance an... (3)
Family (2056)
Financial Markets an... (101)
Government Contracts (57)
Human Rights (278)
Immigration (56)
Industrial Laws (66)
Insurance (81)
Intellectual Propert... (110)
International Laws (12)
IT Contracts (54)
Juvenile (17)
Landlord and Tenant (625)
Licensing (21)
Mail Fraud (18)
Maternity (61)
Media, Communication... (16)
Mergers and Acquisit... (20)
Military Laws (15)
Motor Accident (144)
Muslim Laws (60)
Outsourcing Agreemen... (5)
Partnership (64)
Police Laws (64)
Power of Attorney (75)
Privacy (97)
Property (3011)
Real Estate (433)
Registration (139)
RTI (111)
Sale (57)
Sale of Goods (20)
Sex Crime (142)
Sexual Harassment (6)
Sexual Harassment at... (69)
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Tax-GST (10)
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