The argument in favor of using filler text goes something like this: If you use real content in the Consulting Process, anytime you reach a review point you’ll end up reviewing and negotiating the content itself and not the design.
Homebuyers invests a major percentage of their life time savings in buying a house property. It is indeed a necessity that such investment shall be made only after a through due diligence of the property, reputation of the developer, quality of construction and facilities provided.
We at RERASATHI, use our expertise for proper due diligence of proposed investment in the property. This is done on the basis of internal as well external information available about the property as well as promoters. We Review all the legal papers, draft agreement and accordingly suggest the buyers about in depth detail of the property.
Our Due diligence service helps the buyers to gain a comfort of investing proposed to be made in the real estate by handholding them from the stage of finalisation of the property to signing of the agreement.
Post due Diligence Services
Our Post due diligence services acts as a control check for investment in the house property during its period of construction. We help the homebuyers to understand the complex technical languages in the paperwork.
Under our post diligence Service, We educate homebuyers / investors with the ongoing laws of real estate, ongoing status of their project, Review the demand raised by builders with the actual construction status, suggest on TDS compliance, handhold in the process of taking possession and stand at each stage through the construction life of the project.
We at RERASATHI, provide array of litigations services to the home buyers. We offer end to end services for legal representations. We pursue their grievances, draft complains, submit the grievances to the concerned authority, attend hearing & get the matter disposed from the appropriate forum.
Review of Agreement
The Real Estate Regulation Act & applicable rules in the states have somewhat standardised the format for agreement to be entered between buyers and developers. The Agreement is the most important document in the real estate transaction.
We, At RERASATHI, review the agreement proposed to be entered by buyers, make buyers aware about the clauses of agreement, and suggest changes to the terms and condition so as to protect the interest of buyers in all respect.
Cancellation of Agreement
Unforeseen Circumstances may lead to cancellation of agreement entered between the developer and seller. At any such event, we guide homebuyers in smooth execution of cancellation agreement by making them aware about their rights & settlement process so as to avoid any future litigation and finanaical losses.
We at RERASATHI provide regular update regarding the development in the real estate sector along with specific knowledge about the project in which buyers have invested. This helps them to be aware about the market condition and live status of their project.
Further, we also update them about the status of RERA quarterly update made by the promoters in the respective RERA Website. We continuously remind them about the TDS deductions to be made, GST rates applicable and ongoing development of the sector.
After handing over the possession of the respective Unit to the allotees, it is the responsibility of the promoter to facilitate the formation of association of allotees so that maintenance of the common area of the project is well taken care of.
We At RERASATHI work in close co-ordination with the promoter as well as allotees in the formation of the Apartment owners association.
Our services under formation of association include:
Attending a meeting prior to formation of association with the promoter and allotees to decide on the process of association formation.
Collecting and arranging necessary documents from the promoter as well as the allotees.
Validating the documents received along with preparation of other relevant documents
Submission of Documents to the competent authority under West Bengal Apartment Act, 1972.
Liaising with the authority for obtaining the certificate of registration
Taking Handover from the Promoters
Once the majority of allotees have taken possession of their apartment, promoter move towards handing over the Maintenance of the complex to the association of flat owners.
Taking handover from the promoter is a complex process and takes considerate time.
We associate our self with the association in smooth handover of maintenance. Under this we work closely with the committee of apartment owners in preparing maintenance budget, completing paper and documentation process of handover and acts a principal consultant to smoothly run the future maintenance of the complex.
GST / TDS / Income Tax Support
Under this Service, We update the homebuyers about the prevailing GST rates on residential and commercial properties.
We also provide services of TDS Deduction and filling of TDS Statement with the income tax authorities.
We also guide the homebuyers / investors about the exemptions and deduction available in income tax while executing the real estate transactions.