Certificate Course in Real Estate (Regulation and Development) Act, 2016 (RERA). One of the most diversified field. It is a good opportunity to work as there are very few experts in this field. Since the introduction of RERA in India, compliances of real estate projects are complex and need an expert to handle it. Inspired by the diversity of this field and demand of professionals, we designed this course. It covers major aspects related to RERA in India.

  • Start: Course can be completed in 10 Days
  • Class: 5 Modules

The Real Estate Regulatory Authority (RERA) is the regulator of the real estate industry in India, established in 2016 under the RERA Act. It aims to protect the rights and interests of consumers and property buyers by promoting uniformity and standardization of business practices and transparency of transactions in the real estate sector. RERA tries to balance the interests of consumers and promoters, builders and developers through a list of dos and don'ts for them.
This course has been designed for property buyers, builders, real estate developers and promoters
   1. Introduction
1.1 Welcome
1.2 Scope
        2. Sector overview
2.1 Real estate sector overview
2.2 Why RERA
2.3 Filling the gap
2.4 Exercises
·       3. Understanding the RERA framework
3.1 How is RERA to be implemented?
3.2 Applicability of RERA
3.3 Effect of implementing the Act
3.4 Real Estate Regulatory Authority
3.5 Constitution of RERA
3.6 Functions of the Real Estate Authority
3.7 Functions promoting the real estate sector
3.8 Filing of complaints and power of authority
3.9 Exercises
·       4. Understanding key terms
     4.1 Carpet area under RERA
     4.2 Apartment
     4.3 Common area
     4.4 External and internal development works
     4.5 Exercises
·       5. RERA for buyer/allottee
     5.1 Allottee
     5.2 How does RERA benefit buyers?
     5.3 Checks before bookings
     5.4 In whose name to book the property, and benami properties
     5.5 Paying booking amount and entering into an agreement for sale
     5.6 Getting information, taking possession and making payments
     5.7 Complaint
     5.8 Exercises
·       6. RERA for developer, builder, or promoter
     6.1 Who is a promoter?
     6.2. Promoter’s functions
     6.3. Promoter’s duties
     6.4 Exercises
·         7. Developer, builder or promoter: Necessary certificates
     7.1 Commencement Certificate
     7.2 Completion Certificate
     7.3 Occupancy Certificate
     7.4 Exercises
·         8. Developer, builder or promoter: Project registration
     8.1 Compulsory registration under RERA
     8.2 Registration procedure
     8.3 Validity of registration
     8.4 Revocation of registration
     8.5 What happens after a lapse or revocation of registration?
     8.6 Exercises
·         9. Developer, builder, or promoter: Other aspects
     9.1 Promoter’s disclosure on RERA website
     9.2 Adherence to sanctioned plans and project specifications
     9.3 Advertisements/ prospectus/ publication
     9.4. Agreement for sale in a prescribed format
     9.5 Separate account
     9.6 Punishments and penalties for non-compliance
     9.7 Exercises
·         10. RERA for real estate agents
     10.1 Introduction
     10.2 Who are REA under RERA?
     10.3 Scope of work
     10.4 Registration of real estate agent
     10.5 Revocation or suspension of registration
     10.6 Registration on the website
     10.7 Functions of Real Estate Agents
     10.8 Penalties
     10.9 Exercises
·         11. Some other matters and the road ahead
     11.1 RERA IBC conflict
    11.2 Road ahead                
In every walk of life, the process of evaluation takes place in one form or the other. If the evaluation process is eliminated from human life then perhaps the aim of life may be lost. Being in the same line, INDIAN LAW SCHOOL is committed to evaluate the process of learning through its courses.
There will be an MCQ test for each course, that would test the basic understanding of the topics covered in the courses
The most intriguing aspect of the evaluation process is the time flexibility it affords. You can take the MCQ test and submit the project assignment as per your convenience.
To be eligible to receive a certificate after successful completion of the course, one is required to secure a minimum of 40 percent overall.