Advisory Services including Legal Counsels

With a strong professional team in-house, we at Cognito Advisory LLP provide strong opinions/advice considering the practical approach with empathy.

RERA mandates the filing of proformas of Booking Form, Agreement of Sale and Sale/ Conveyance Deed along with the application for grant of registration of the project. These drafts along with Allotment Letter are to be used for carrying out the transaction in respect of the Project. At Cognito Advisory LLP experienced and knowledgeable legal counsels, assist in drafting and preparing the said documents. Such documents are to be drafted considering the various provisions of RERA, the scheme of the project and understanding of the business requirements of the Promoter.

Under the rules, it is required that the land title search report from an advocate having experience of at least 10 years in land-related matters be filed. At Cognito Advisory LLP, we have legal counsels having the necessary experience to provide the land title search report.

With the coming of the Act, the method of carrying on the business of real estate has tremendously changed, which also means that the project that is undertaken under joint development requires that the landowners and the promoters fulfil their obligations under the provisions of the Act, Rules and Circulars issued by the authorities in this regard. Due care is taken while drafting the joint development agreements to capture the necessary points to meet the requirements of the Act, Rules and Circulars. At Cognito Advisory LLP, the legal counsels who are regularly updated on the various requirements under the Act are equipped to assist in the drafting of the Joint Development Agreements and other associated documents. We also assist in drafting all other legal documents as may be required by the Promoters.

Under the Act, it is necessary that once the agreement of sale is executed the same has to be registered. We have the necessary supporting staff to assist a Promoter in getting the Agreements of Sale registered and also the Sale Deeds, at a very competitive price. After execution of the sale deeds, we are also capable of providing liaison services in getting the Khatha/Municipal records dictated and transferred to the names of the respective allottees.