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Property Related Laws Haryana Ministry of Housing and Urban Affairs Real Estate (Regulation and Development) Act, 2016

Haryana Real Estate Regulatory Authority, Gurugram (Sale of Apartments/Floors in a Real Estate Project on the basis of Carpet Area) Regulations, 2021

07-May-2021 | No. 22/RERA GGM Regulations 2021

The Haryana Real Estate Regulatory Authority, Gurugram has notified Haryana Real Estate Regulatory Authority, Gurugram (Sale of Apartments/Floors in a Real Estate Project on the basis of Carpet Area) Regulations, 2021.
These regulations are applicable on both existing real estate project, future real estate project along with the projects prior to the introduction of RERA.

Under these Regulations:
1. In case of ongoing projects where the promoter has allotted real estate units on a super area basis prior to the Real Estate (Regulation and Development) Act, 2016, the promoter must disclose what all components exactly constituted super area and also whether the super area as promised in the builder buyer agreement entered into between the allottee.
2. Conveyance deed of a real estate unit shall be registered on the basis of carpet area only.
3. In cases where the real estate unit was allotted to the allottee prior to the Real Estate (Regulation and Development) Act, 2016 coming into force, the promoters should at the time of registration of the conveyance make disclosure of all the components constituting the super area, however, the conveyance deed will be registered only on a carpet area basis.
4. In case of a project which is exempted from registration under section 3(2) of the Act (project on the land, less the 500 square meters or a project with less then apartments) the promoter must disclose to the allottee the size of the apartment based on carpet area even if sold on any other basis.

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