Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Rera act 2016

Band Nagesh (1 Points)

24 April 2017

WHAT IS MEAN BY RERA ,REGISTRATION & OTHER INFORMATION PLEASE

Reply
Follow
Share

2 Replies

priyanka upadhyay (2 Points)
Replied 24 April 2017

The Real Estate (Regulation and development) Act, 2016 is an act of the parliament of India which seeks to protect home buyers as well as help boost investments in the real estate industry. It makes mandatory for registration for all commercial and residential real estate projects where the land is over 500 sq metres , or 8 apartment .

Upgrade to CAclubindia Pro. Subscribe Now!

Mita (CA) (22 Points)
Replied 30 June 2017

Dear Memebers,

I had a doubt on Calculation of Cost Incurred in relation to RERA. It says we have to calculate Land Cost cost and Construction Cost. However in relation to Construction Cost Incurred it is stated on site and Off site expenses are to be Included

Here I would like to ask that whether finance expenses such as partners salary and interest can be included or not in the cost of construction..?

Thank You