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Aditya Parolia , Partner , PSP Legal, Advocates and Solicitors. Leading Consumer Lawyers in India today. Follow on twitter @A_Parolia | Best Lawyer-Advocate Supreme Court, NGT, NCDRC, RERA, NCLT, Consumer
Display of sanction plan mandatory at housing project site
In yet another good news for home-buyers, the Supreme Court ruled last week that all housing projects, including those which are not registered under the Real Estate Regulation and Development Act (RERA), need to display the sanction plan at the site of the project.
Due to certain loopholes in the implementation of RERA by the States, if a project was not registered under RERA, the developers were not required to comply with Section 11 (3) (which insists on mandatory display of the sanction plan). However, now every project, be it registered under RERA or not, will have to comply with the Supreme Court order, said Aditya Parolia, a Supreme Court lawyer. RERA makes it mandatory for the promoter to make available the information on sanction plan and layout plans along with specifications at the time of the booking and provide stage-wise time schedule of completion of the project, including the provisions for civic infrastructure such as water, sanitation and electricity. Earlier, developers used to take booking amount from home-buyers without getting the approval for building, and environmental clearance was often applied for later. There were cases in the past in which the layout plans were changed substantially from what were promised, Parolia added.
After the verdict, a developer now needs to display the sanction plan in the office, attach the copy of sanction plan with the builder buyer agreement and enlarged format of the sanction plan at the site of the project. The developer can also give the RERA link where the prospective home-buyer can see the plan.
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Aditya Parolia graduated from Guru Gobind Singh Indraprastha University, Delhi in 2011. Thereafter he pursued an LL.M. in Corporate and Financial Services from National University of Singapore. Later, he had worked as an associate a