What is TS RERA?: RERA Number, RERA Act &Raising Complaint

0
39
ts rera
ts rera

The Telangana Real Estate Regulatory Authority (TS RERA) is a crucial body for anyone considering buying property in the state. Established under the Real Estate (Regulation and Development) Act, 2016 (RERA Act), TS RERA aims to bring transparency and accountability to the real estate sector, protecting homebuyers from fraud and malpractices.

What is a TS RERA Number?

Every registered real estate project in Telangana must have a unique TS RERA number. This number serves as an identifier for the project and ensures compliance with RERA regulations. You can find the project’s TS RERA number on the developer’s website, along with brochures, and an agreement for sale.

Who Leads TS RERA?

The TS RERA Authority is headed by a chairperson and supported by a team of members.

  • Chairman: N.SatyaNarayana
  • Principal Secretary: D.Kishore
  • Secretary: Yadi Reddy
  • Adjudicating Officer: S. Rahman

Other Members:

  • J. Laxmi Narayana
  • K. Sreenivasa Rao

Understanding the TS RERA Act

The TS RERA Act outlines the regulations governing the real estate sector in Telangana. It mandates developers to register their projects with TS RERA, deposit a certain percentage of sales proceeds in an escrow account, and ensure the timely completion of projects. The Act also establishes a dispute redressal mechanism for grievances between developers and homebuyers.

Applicability of TS RERA

TS RERA applies to all new real estate projects with an area exceeding 500 square meters or with more than eight apartments. Ongoing projects launched before the RERA Act came into effect may or may not be registered. It’s always advisable to confirm the project’s RERA registration status before entering any agreements.

Raising a Complaint with TS RERA

If you encounter issues with a registered project, such as delays in construction, violation of specifications, or non-compliance with the agreement, you can file a complaint with TS RERA. The complaint can be submitted online through the TS RERA website or physically at their office.

Checking Your Complaint Status

Once you file a complaint, you can track its progress on the TS RERA website. The website allows you to search for your complaint using a reference number and view its current status.

TS RERA Agreement for Sale

The agreement for sale is a crucial document that outlines the terms and conditions between the developer and the buyer. Under TS RERA, the agreement for sale must be drafted as per the model format prescribed by the authority. This ensures transparency and clarity in the terms of purchase.

Contact Information

Toll-Free Number: 040-29394973, 040-29394974

Address: DTCP Building, Ground Floor, 640, A.C.Guads, Masab Tank, Opp. PTI Building, Hyderabad – 500004.

TG RERA Office mail ID: rera-maud@telangana.gov.in

TG RERA Secretary mail ID: secy-rera-maud@telangana.gov.in

Office Timings: 10:30 AM to 5:00 PM, Monday to Saturday

LEAVE A REPLY

Please enter your comment!
Please enter your name here