Hi, Pal,
The answer is limited to Maharashtra, where MahaRERA has been applied successfully. According to my understanding, a project that is not obliged to register with MahaRERA must have fewer than 8 apartments for sale and a land space of less than 500 square metres. It must meet both requirements.
If there are just NA plot schemes, a project with 200 plots must be registered with MahaRERA. Despite the fact that farmhouse (agricultural) projects are needed to be registered under RERA, there is a provision in the Act that exempts them. The requirement is to receive layout approval and a Certificate of Completion. Farmhouse site plans cannot be approved by local authorities, hence such projects are not eligible for RERA registration.
However, I believe that before coming to a conclusion you should consult a real estate lawyer to get a proper understanding and advice about your query.
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Can a NA plot below 500 sq Mtr be registered in Maharashtra?
Victor
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3 Year
2022-03-25T11:34:01+00:00 2022-03-30T18:29:15+00:00Comment
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