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TOWN AND COUNTRY PLANNING DEPARTMENT
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REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016

 

The Real Estate (Regulation and Development) Act, 2016 aims at protecting the rights and interests of consumers and promotion of uniformity and standardization of business practices and transactions in the real estate sector. It attempts to balance the interests of consumers and promoters by imposing certain responsibilities on both. It seeks to establish symmetry of information between the promoter and purchaser, transparency of contractual conditions, set minimum standards of accountability and a fast-track dispute resolution mechanism.

The Real Estate (Regulation and Development) Act, 2016 came into force

  • with effect from 1.5.2016 in respect of the Sections 2, 20 to 39, 41 to 58, 71 to 78 and 81 to 92.

  • with effect from 1.5.2017 in respect of the Sections 3 to 19, 40, 59 to 70 and 79 to 80.

The Real Estate (Regulation and Development) Act, 2016.

Corrigendum to the Real Estate (Regulation and Development) Act, 2016.

Real Estate removal of Difficulties Order, 2016 

Notification regarding Commencement of Real Estate (Regulation and Development) Act, 2016

Notification regarding Commencement of remaining sections of Real Estate (Regulation and Development) Act, 2016

Frequently Asked Questions on Real Estate (Regulation and Development) Act, 2016.

 

The Government of Puducherry designated the Secretary to Government (Housing) as the Real Estate Regulation Authority in accordance with the third proviso to sub-section (1) of section 20 of the Real Estate (Regulation and Development) Act, 2016 till such time the Puducherry Real Estate Regulatory Authority is established.

The Town and Country Planning Department, Puducherry will function as the office of the Real Estate Regulatory Authority under the control of the Secretary to Government (Housing).

view notification of Interim Regulatory Authority

 

The Government of Puducherry notified the following Rules under the Real Estate (Regulation and Development) Act, 2016:

1. The Puducherry Real Estate (Regulation and Development) (General) Rules, 2017

2. The Puducherry Real Estate (Regulation and Development) (Agreement for Sale) Rules, 2017

 

The fee prescribed for registration of projects and agents under the Real Estate Act are:

Group Housing Projects

Area of land proposed

Less than 1000 Square metres (Sq.M)

More than 1000 Square metres  (Sq.M)

Residential purpose

(Maximum of Five Lakhs rupees)

₹ 5 / Sq.M. of total plinth area of project

10 / Sq.M. of total plinth area of project

Residential and Commercial - mixed purposes

(Maximum of Seven Lakhs and fifty thousand rupees)

10 / Sq.M. of total plinth area of project

15 / Sq.M. of total plinth area of project

Commercial purpose

(Maximum of Twelve Lakhs and fifty thousand rupees)

20 / Sq.M. of total plinth area of project

25 / Sq.M. of total plinth area of project

Plotted Development Projects: ₹ 5 / Sq.M. of total land area of project with maximum of Two Lakhs rupees

Real Estate Agents: 10,000/- for individuals and 50,000/- for other than individuals.

The Registration fee to be paid at the time of application for registration by way of Demand Draft or Banker's Cheque.

The Demand Draft or Banker's Cheque to be drawn in favour of "Puducherry Real Estate Regulatory Authority" payable at Puducherry.

Downloadable Forms for Registration of Projects and Agents

1. Project Registration and Affidavit - Form A & Form B

2. Project Registration Extension - Form E

3. Agent Registration - Form G

4. Agent Registration Renewal - Form J

5. Appeal to Appellate Tribunal - Form L

6. Complaint Form to Real Estate Regulatory Authority - Form M

7. Complaint Form to Adjudicating Officer - Form N


Date Last Modified: 31-Oct-2017
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