Builders are urged by Delhi RERA to register their projects or face sanctions.

NEW DELHI: The Delhi Real Estate Regulatory Authority (D-RERA) has advised all developers against breaking the law and requested that they register any residential or commercial projects with the organization right away.

According to a directive released on September 4, failure to follow the directives might result in fines of up to 10% of the project’s estimated cost, up to three years in prison, or both.

Anand Kumar, the chairman of Delhi-RERA, told PTI that there have been a number of instances when developers in Delhi have failed to register their residential and commercial projects, which are covered by RERA.

He claims that RERA registration is mandatory for four different types of projects.

“The real estate projects that are being developed, in whole or in part, with the aim of leasing or selling on plots larger than 500 square meters fall under the first category.

The second group includes projects that call for the development of more than 8 flats, apartments, floors, shops, commercial, or office units over the course of all phases on any sized site with the intention of leasing or selling them, according to Kumar.

He classifies projects where plots are sold or leased on land areas larger than 500 square meters as falling into the third category.

No matter when they were started, any ongoing projects that lacked a certificate of completion before May 1, 2017, fall under the fourth category.

If, for example, a builder sold all ten of his apartments to customers prior to May 1, 2017, without acquiring a completion certificate, the builder or the plot owner must nevertheless register the project today in order to avoid legal repercussions, Kumar explained.

The majority of builders in Delhi choose not to seek completion certificates because they alter projects in ways that are both compoundable and non-compoundable, avoiding the scrutiny of the local authorities. He felt that a completion certificate ought to be required before enabling employment.

“A completion certificate from the local government guarantees that a building is constructed in accordance with approved plans and is structurally sound.

In addition to encouraging builders to make unauthorized improvements, allowing occupancy of any structure without a completion certificate also endangers the lives of its occupants, according to Kumar.

The three-member Delhi RERA has also requested that regular people contact them if such real estate developments are not registered by sending an email to gcrera.delhi@gmail.com or by sending a letter of protest to the RERA office.

According to Kumar, the Authority is also requesting that the relevant municipal entities give Delhi RERA the specifics of all such projects so that it can identify the offenders and apply penalties.