Diploma In Real Estate Compliance For Builders Module Ii : Forms And Procedures (maharashtra)

About the Course

Compliance under the Real Estate (Regulation and Development) Act (RERA) requires builders and developers to follow detailed procedures, submit statutory forms, and adhere to documentation standards specified by state authorities. In Maharashtra, the regulatory framework is driven by MahaRERA, which issues Rules, Regulations, Circulars, Orders, and Standard Forms that must be followed meticulously by promoters.

Module II of the Diploma in Real Estate Compliance for Builders provides an in-depth understanding of the essential forms, affidavits, permissions, certifications, and key documentation — including the Model Agreement for Sale — required throughout the lifecycle of a real estate project. This knowledge enables learners to execute projects smoothly, avoid penalties, and maintain compliance at every stage.

Forms under Various Rules, Regulations, and Circulars

MahaRERA mandates multiple forms based on the project’s stage, promoter responsibilities, and statutory reporting requirements. This section explains the purpose and use of every form, helping builders prepare and submit them correctly.

• Forms required for project registration
• Forms under Maharashtra RERA Rules, 2017
• Forms related to ongoing project updates
• Forms introduced through MahaRERA Circulars
• Formats for revised sanctions, amendments, and declarations

Builders will understand when each form is required, the supporting documents to attach, and how to file them on the MahaRERA portal.

Affidavits and Their Required Content

Affidavits play a critical role in declarations made by promoters at the time of project registration and throughout project execution. These legally binding statements ensure accountability and transparency. This section covers:

• Drafting affidavits for project commencement
• Title declarations and promoter responsibilities
• Affidavits related to project timelines and financial disclosures
• Affidavits for revised plans and consent from allottees
• Mandatory declarations under Forms A, B, and C (Maharashtra)

Participants learn the exact contents required in each affidavit and the importance of accuracy, as any false declaration can trigger penalties.

Certifications, Permissions, and Forms for Project Completion

Completing a real estate project involves multiple stages of approvals, certifications, and statutory procedures. Builders must secure compliance from technical professionals, government departments, and regulatory bodies. This section includes:

• Engineer certificates for construction progress
• CA certificates under Form 3 and Form 5
• Architect certificates confirming stage-wise completion
• NOCs and permissions needed for project completion
• Application procedure for Occupancy Certificate (OC) and Completion Certificate (CC)
• Updating project status and uploading final documentation on the MahaRERA portal

Learners gain clarity on each certification’s purpose and sequence, ensuring timelines are met without legal hurdles.

Documentation: Model Agreement for Sale

The Model Agreement for Sale is one of the most crucial documents in real estate transactions. Mandated under Section 13 of RERA, it protects buyers and ensures transparency in commitments made by promoters. This segment provides a complete breakdown of:

• Structure of the Model Agreement for Sale
• Clauses related to payment schedules, possession timelines, and default conditions
• Specifications, amenities, and carpet area disclosures
• Promoter obligations vs allottee responsibilities
• Compliance with Maharashtra-specific guidelines and recent circulars

Participants learn how to prepare, review, and execute the agreement correctly to ensure full compliance and avoid disputes.

Module II equips builders, developers, and professionals with comprehensive knowledge of the essential forms, affidavits, certifications, permissions, and documentation required under Maharashtra’s RERA framework. By mastering these procedures, learners can ensure smooth project execution, maintain legal compliance, and enhance buyer trust through transparent and structured documentation practices.