QUARTERLY COMPLIANCE : To keep a check on the ongoing real estate construction process the government of Karnataka launched the scheme of quarterly compliance to be followed by builders and developers. Under this scheme, developers are required to present various documents speculating the completion status of the projects they are associated with every quarter. The process of quarterly compliance is separate for plots and apartments, therefore it depends upon the type of project a builder is associated with. ESCROW DEPOSIT: As per the RE (R&amp;D) Act, 2016 a promoter is required to create a compulsory deposit of 70 percent or such other amount as notified by a particular state of the deposits made by the buyers in a separate account which is to be used only for completing the real estate project. DISCLOSURE OF RELEVANT INFORMATION : A promoter is under an obligation to comply with the provisions of public disclosure stated under the act of 2016, which requires true and full disclosure of information relating the project, adherence to the specific standards as stated by appropriate authorities, the information advertised in the prospectus, etc. MANDATORY REGISTRATION : As per the Karnataka real estate rules a promoter or builder cannot initiate marketing, advertising, inviting of offers or make a sale of any of the parts of the project without registering it with the appropriate authority. MISCELLANEOUS : Where a builder is required to create and maintain an official website of the project and update it regularly. Also, a builder has to adopt the given process for refunds and cancellations. Greetings! Job Openings For Legal (RERA ) Client : One of the Leading Construction Company Position : Sr Legal (RERA)(Can be discussed ) Exp : Min 5 Years in Dealing with RERA act CTC: Best in the market Location : Bangalore Job description Roles and Responsibilities - Experience in managing RERA &amp; consumer cases - Ability to adapt and work without getting affected by extraneous and other challenging factors - Handle all the litigation, arbitration and dispute resolution, legal notices, legal queries and opinions - Advising the business on course of action, preparing litigation strategy, drafting court documents Skills, Knowledge and Abilities: - Candidates with strong litigation background and working with law firms and large corporates will be preferred. - Real Estate experience preferred but not necessary. Qualification &amp; Work Experience: - LLB with 5-12 years of experience - Knowledge of Kannada will be an added qualification.

Bangalore

General Manager - Legal - Rera Compliance - Real Estate - LLB 

General Manager - Legal - Rera Compliance - Real Estate - LLB  ,Job Description for General Manager - Legal - Rera Compliance - Real Estate - LLB  in Matrix Management Services in  Bangalore for (10-18) years of experience. Apply Now!

Job Description for General Manager - Legal - Rera Compliance - Real Estate - LLB  in Matrix Management Services in  Bangalore for (10-18) years of experience. Apply Now!