PROFESSIONAL SERVICES IN REGISTRATION AND WE ARE IN THE SPACE SINCE 2015 -FOLLOWING REGULATIONS AND ACT . YOU MAY CHECK PUBLIC POST

1. WAY FORWARD TO BUILDER PROMOTER FOR REGISTRATION UNDER RERA
1ST
May 2017 - CS SANJAY INDULKAR - sindulkar @hotmail.com 1
CS Sanjay Harishchandra Indulkar
Practicing Company Secretary
Transition Advisory - Regulatory and Finance, Investment & Merchant banking
9867161367 sindulkar@hotmail.com LinkedIn-connect: in.linkedin.com/pub/sanjay-indulkar/1a/865/811
Why you need us?
Professionally qualified and experience Team with expertise in this sector. Professional
team headed by CS Sanjay H .Indulkar, Practicing Company Secretary with legal and
finance expertise , he has decades of experience in Regulatory Transition, Corporate
Finance & Restructuring, Investment banking , Governance and Compliances across
industry verticals with specialization in Infra sector.
Our Services:
1. Due diligence of transaction ,
2. Advisory in registration of project with regulator,
3. Ongoing compliances under act and rules
4. Financial modeling and structuring
5. Raising Debt and Equity
Is registration of project is mandatory with the Regulator?
 Yes
Benefits to the builders
 Is mandatory non- compliance will have penal punishment.
 Marketing will be easy
 Raising fund – NBFC / Banks and Institution will be easy and cost of funds will
reduce
 As I am expecting in the end of May 2017. institutional lender will not take call on
non-registered RERA project on project financing including the extending the
Housing loan to the project
MAHA RERA REGISTRATION AND COMPLIANCES SERVICES

2. WAY FORWARD TO BUILDER PROMOTER FOR REGISTRATION UNDER RERA
1ST
May 2017 - CS SANJAY INDULKAR - sindulkar @hotmail.com 2
Our scope of work as per the reference of mandate
A. Pre Application:
a. Compilation of documents for the registration:
b. Due diligence of documents as complied stage A(a)
c. Advisory/ Assistance for the registration - financing structure real estate
project -existing and future phases
B. During process of disclosure of information:
a. assistance for disclosure of information as per the act and regulations
if it is been mandated by the regulation and act
C. Rejected registration due to issue related to the project than advisory services
namely appearance before authority and tribunal.
Keys
1. Act and Regulations had made mandatory on the promoter of real estate project for registration and
compliances. Is not only at the time of the registration but also various compliances during the
completion of project (as updated at the time of registration of the project)
2. As the Documents required to be furnished at the time of registration is exhaustive and registration
authority has right to call more information before granting the registration after that during the
completion of the project
3. Regulation: CHAPTER II REAL ESTATE PROJECT
 Rule 3. Information to be furnished by the promoter for the registration of real estate
 Rule 4. Disclosure by promoter of ongoing real estate projects.-
Keys
1. Time bound implementation of real estate project
2. Registration of each real estate project – separately and maintain each project accounts and financials
including certification and audit
3. Regulatory regime –the project execution as per disclosure schedule and time line here our expertise
will come for assisting in project commercial and financial model which is sustainable during the
process of real estate project . as most important is cash flow management as the promoter need to have
validated cash flow projections during the project cycle including mitigation of risk inherent in the
project
4. Regulation: CHAPTER II REAL ESTATE PROJECT
 Rule 5. Withdrawal of amounts deposited in separate account.-
 Rule 7. Extension of registration of the Real estate project

3. WAY FORWARD TO BUILDER PROMOTER FOR REGISTRATION UNDER RERA
1ST
May 2017 - CS SANJAY INDULKAR - sindulkar @hotmail.com 3
D. After The Registration:
a. system development for withdrawal for project expenses from project account
(rule 5 of regulations)
b. follow up and compliances of the various section of law and rules of regulation
The Process of Registration:
Preliminary meeting with the promoter to understand transaction
Internal due diligence
Mandate
Disclosure Of Information As Check List Send By Us
Due Diligence And Compilation Of Document
Meeting With Promoter, Project Head , Architect and Other Key Person.
Working On The Project Credentials – Commercial, Cash Flow And Other Issue
Related To The Real Estate Project
Confirmation of details/ documents as submitted by the promoters
Upload Information for registration on Portal
Furnish Additional Information Required To Furnished To The Regulator
Flow chart