What is an Agreement for Sale under RERA?

The Agreement for Sale is the formal agreement between promoter and allottee and must operate within the RERA Act and applicable rules.

Why this matters

• Helps buyers understand the importance of the formal agreement before making major commitments.
• Provides a legal reference point for obligations agreed between promoter and allottee.

Why the agreement matters

MoHUA’s RERA FAQs explain that the Agreement for Sale is specified through the applicable rules and is binding on the parties. Its terms cannot override the Act and rules. Buyers should read the complete agreement and applicable state format before signing.

Do not rely only on brochures or messages

Marketing material can help explain a project, but important commercial and legal commitments should be checked against the formal agreement, official project disclosure and applicable law.

Investor Setu perspective

Good decisions require moving from promotional information to verified documents before commitment.

Sources

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