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Registration Certificate of Project Form C

This document is a registration certificate from a Real Estate Regulatory Authority granting registration to a real estate project. It provides details of the individual or company being granted registration and the specific project address. The registration is granted for a specified period of time and is subject to conditions including the promoter entering sale agreements with allottees, executing conveyance deeds, depositing 70% of funds in a separate bank account to cover construction costs, complying with real estate laws, and not violating any other applicable laws. Failure to meet these conditions by the promoter may result in revocation of the registration by the Authority.

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2K views1 page

Registration Certificate of Project Form C

This document is a registration certificate from a Real Estate Regulatory Authority granting registration to a real estate project. It provides details of the individual or company being granted registration and the specific project address. The registration is granted for a specified period of time and is subject to conditions including the promoter entering sale agreements with allottees, executing conveyance deeds, depositing 70% of funds in a separate bank account to cover construction costs, complying with real estate laws, and not violating any other applicable laws. Failure to meet these conditions by the promoter may result in revocation of the registration by the Authority.

Uploaded by

chrk
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

32

FORM ‘C’
[See rule 5(1)]
REGISTRATION CERTIFICATE OF PROJECT

This registration is granted under section 5 to the following project


under project registration number ______________________________
________________________________________________ [Specify Details of
Project including the project address];

1. [in the case of an individual] [Mr./Ms.] __________________________ son


of [Mr./Ms.]____________________________ Village ______________ Mandal
_____________District________________ State of _____________________;

OR

[in the case of a firm / society / company / competent authority etc.]


______________ [firm / society / company / competent authority etc.]
__________________ having its [registered office / principal place of
business] at ______________.

2. This registration is granted subject to the following conditions,


namely:-
(i) The promoter shall enter into an agreement for sale with the
allottees as prescribed by the appropriate Government;
(ii) The promoter shall execute and register a conveyance deed in favour
of the allottee or the association of the allottees, as the case may be, of
the apartment, plot or building, as the case may be, or the common areas
as per section 17;

(iii) The promoter shall deposit seventy per cent. of the amounts realised
by the promoter in a separate account to be maintained in a schedule bank
to cover the cost of construction and the land cost to be used only for that
purpose as per sub-clause (D) of clause (l) of sub-section (2) of section 4;

(iv) The registration shall be valid for a period of ______ years


commencing from _____________and ending with
________________________unless extended by the Authority in accordance
with the Act and the rules made thereunder;

(v) The promoter shall comply with the provisions of the Act and the
rules and regulations made thereunder;

(vi) The promoter shall not contravene the provisions of any other law for
the time being in force as applicable to the project.

3. If the above mentioned conditions are not fulfilled by the promoter,


the Authority may take necessary action against the promoter including
revoking the registration granted herein, as per the Act and the rules and
regulations made thereunder.

Dated:
Place:
Signature and seal of the Authorised Officer
Real Estate Regulatory Authority

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