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

Revised Procedure issued with respect to transferring or assigning promoter's rights and liabilities to a third Party

23-Jul-2021 | MahaRERA/Secy/File No. 27/144/2021

Maharashtra Real Estate Regulatory Authority has issued revised procedure transferring or assigning promoter's rights and liabilities to a third Party and following are its key highlihts:
1. Third Party / intending purchaser must submit documents mentioned in Annexure B and Declaration as specified in Annexure C.
2. Promoter shall write to the Secretary of MahaRERA regarding transfer in Annexure A.
3. New Promoter must apply in Correction Module for change in promoter details alongwith the order received from the Authority.
For further details, please refer to the attachment.

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