REP-VI

Q: What is Form ‘REP-VI’?


A: Form ‘REP-VI’ is the official certificate issued by the Real Estate Authority granting an extension to the registration of a real estate project. This form extends the validity of the project registration beyond the original expiration date.


Q: What information must be included in Form ‘REP-VI’?


A: The certificate must include:

  • 1. The name of the project and its registration certificate number.
  • 2. The details of the promoter, including whether they are an individual or an entity such as a firm or company.
  • 3. The period of extension granted and the new validity date of the registration.

Q: What conditions are attached to the extension of registration?


A: The extension of registration is granted subject to the following conditions:

  • 1. Conveyance Deed: The promoter must offer to execute and register a conveyance deed for the Plot/Unit/Apartment, including parking if applicable.
  • 2. Separate Account: Seventy percent of the amounts realized must be deposited in a separate bank account to cover construction and land costs.
  • 3. Extended Validity: The registration is extended by a specified period and is valid until a new date.
  • 4. Compliance: The promoter must comply with the provisions of the Act and applicable rules and regulations.
  • 5. Legal Compliance: The promoter must not contravene any other laws applicable to the project.
  • 6. Revocation: If conditions are not met, the Authority may take action, including revoking the registration.

Q: How is the period of extension specified?


A: The extension period is specified in days, weeks, or months, and the new end date of the registration is also provided.


Q: What should be done if the conditions of the extension are not fulfilled?


A: If the promoter fails to meet the conditions outlined in the certificate, the Real Estate Authority may take necessary actions, including potentially revoking the extended registration.


Q: Who signs Form ‘REP-VI’?


A: Form ‘REP-VI’ is signed and sealed by an authorized officer of the Real Estate Authority.


Q: What should be included in the “Dated” and “Place” sections?


A:

  • 1. Date: The date on which the certificate is issued.
  • 2. Place: The location where the certificate is issued from.

Q: What steps should a promoter take after receiving Form ‘REP-VI’?


A: After receiving Form ‘REP-VI’, the promoter should:

  • 1. Review and understand the conditions attached to the extension.
  • 2. Ensure compliance with all specified conditions.
  • 3. Continue project development according to the extended timeline.
  • 4. Maintain proper records and documentation as required.

You can also learn about :
Haryana RERA Form


You can also learn about :
RAE-I