Get Form 'b ' See Rule 3(4) Declaration, Supported By An ... - Tnrera

Filling out FORM 'B ' is an essential step for promoters of proposed real estate projects. This guide provides clear, step-by-step instructions to help users complete the declaration accurately and effectively.

Follow the steps to fill out the form with ease.

1. Click the ‘Get Form’ button to obtain the document and open it for editing.
2. In the section titled 'Affidavit cum Declaration', fill in the name of the promoter (yourself) and the title of the proposed project.
3. Indicate whether you have a legal title to the land or if you have entered into any agreements with the titleholder. If applicable, name the party who holds the legal title and include any supporting documents.
4. State whether the land is free from encumbrances or list any existing encumbrances, along with details of any rights, titles, or interests related to the land.
5. Provide the estimated time period during which the project will be completed.
6. Affirm that seventy percent of all collected amounts will be deposited in a separate account at a scheduled bank, strictly to be used for construction and land costs.
7. Specify that withdrawals from this separate account can only occur after receiving certification from a qualified engineer, architect, and chartered accountant regarding the project's completion status.
8. Commit to an annual audit by a chartered accountant within six months after the financial year ends, and agree to provide a certified statement of accounts to the relevant authority.
9. Ensure all necessary approvals from competent authorities are acquired in a timely manner.
10. Submit any additional required documents as specified by regulations under the Act.
11. Agree not to discriminate against any allottee during the allotment process.
12. For verification, confirm that the contents of your declaration are accurate and have not concealed any material information. Record the place and date of verification.
13. Once completed, save your changes to the form, and you may choose to download, print, or share it as needed.

Complete your documents online efficiently to ensure a smooth application process.