WebMar 16, 2024 · Updated: 16 Mar 2024, 01:34 PM IST Renu Yadav. Before RERA came into being, most developers used to sell apartments on the basis of super built-up area. (Mint) The Real Estate (Regulation and ... WebJan 29, 2024 · There is around a 5% difference between the two carpet areas. The carpet area for RERA is 5% larger than the standard carpet area. I’d like to conclude my discussion here about the meaning of carpet area. I hope this helps:) Read More: What is MOFA Carpet Area: Meaning and Difference? Difference between carpet area and built-up …
What Is The Rera Carpet Area In 2024? Read Full Guide Today
WebMay 4, 2024 · Since under MOFA there is no time period fixed to cure the defect, it is expected that the promoter is to cure the defect within a reasonable time and if it is not … WebDec 21, 2024 · The amount paid by the owners of the individual units of a property collectively for upkeeping the common areas is termed as common area maintenance of a property. Maintenance and upkeep of the common areas is a cumulative responsibility. The contributions which are done for this purpose are a fee which is to handle the … edwin algarin
Has MOFA been impliedly repealed by RERA? An …
WebJul 29, 2024 · In fact, the RERA Act itself provides that it is mandatory to register an agreement for sale only where the purchaser has paid more than 10% of the total consideration. If the allotment letter is not taken into consideration by the authorities then it would create an anomalous situation that whenever less than 10% of the consideration is … WebJun 9, 2024 · Given the extensive overlap between the provisions of MOFA and RERA, it is submitted that MOFA has been impliedly repealed by RERA as per the third test of repugnancy. In a recent decision in Forum for … WebMar 26, 2024 · Rera carpet area v/s mofa carpet exploited by builder to charge more I had made a booking for a flat in Mumbai in the year 2014 based on super built up area in the … edwinallen.com