Sunday, July 28, 2019

What is RERA Area? How to Calculate RERA Area?

Rera Area calculation

In the year 2018, the law is started to bind customer and builders under one law actually this is not first law before that MOFA law is exists but in new law the rules become too strict. and the government is done it's mandatory to all builders, Developers, Promoters, Joint Ventures, that means 
If you are going to build any building for commercial purpose like Residential Apartments, Commercial apartments, etc .you should do the registration under this law. This Law is known as RERA (Real Estate Regulatory Act).

After started this law in real estate there has a lot of misunderstanding and some people's are given negative comments against this law but after some training and information sessions given by RERA authorities, then they changed the mindset of people's as well as Builders.

now, this law is currently smoothly working in India. but need to do some improvement in it. like Case time. Reply timings.etc. But RERA is now improving positively. now will understand some technical details about RERA.

You can find the rules of RERA on his website www.maharera.gov.in. here we are going to understand the actual things about RERA. and Some peoples are doing some mistake and may chance to face some trouble to builder or customer.






Important Rules need to understand before registering in RERA.

1. The builder/promoter shall disclose the following points
1.  land cost in the real estate project.
2.  cost of construction in real estate project.
3. estimated the cost of the real estate project.
4. Disclosure by the promoter of ongoing real estate projects.
5. The promoter of an ongoing real estate project, in which all buildings as per sanctioned plan have not received occupancy certificate or completion certificate, shall be required to submit an application for registration for each such phase of the project, within a period of three months from the date of commencement of the section.
6.Area Loading Calculation for RERA.
Loading %  = Actual Built up Area/ Carpet Area for Sale X 100
Actual built up of building on all floors including refuge area + ground floor area of the staircase, lift, entrance lobby (excluding parking  & terrace floor)/ Total carpet area of all flats is their loading for sale.

Some time observed it is that few so-called studied architects are said to impress the builder as they can give a certificate of more carpet area of your flat than other for the benefit or for more profit or more area which can be beneficial to the builder.

Actually, What are they calculate the area and showing us this is maximum than others.
They are considering external walls without plaster from inside.

but actually internal plaster to external/Outer wall is generally 10 to 20/25 mm and this is to be deducted while considering internal carpet area because wall means brickwork with plaster.
Please be careful while calculating carpet area.

The very important point is Rera does not say to any builder to sale on the carpet. but the builder should have to mention it only. (one can sell on super built-up also).

Another Important point is builder should have to mention carpet in flat purchasers agreement & he /she has the right to check it & pay accordingly while taking possession. This is just opinion subject correction from studied developers.

RERA is applicable to all builder as well as Since Mofa ( Maharashtra Ownership of Flat Act) also exists in Maharashtra So any Builder should not mention any type of built-up area in agreement.

What to Mention in Agreement and How to Sale:


1.  Mention carpet area in agreement saying it’s Rera carpet area and also mention on brochure or cost sheet same area with lumpsum cost but do not mention the built-up area in agreement & brochure.

2)Many developers charge as carpet + 25 to 45 % loading. Few of us don’t do this they work out actually as follows.

Actual built up of building on all floors (excluding parking  & terrace floor) including refuge area + ground floor area of the staircase, lift, entrance lobby divided by total carpet area of all flats is their loading for sale.

Generally, it comes between 30 to 40% depending on the design.

Builders should be work out flat area in this way & multiply it with the rate but, but show & mention everywhere lumpsum cost with Rera carpet area.

3) Sale covered parking. This is a need to correction from experts as per some builders opinion.




Team
CBEC India
(Note: This information is not prepared to hurt anyone and this is collected from the market, actual calculation process may vary, If you want to know more details about RERA Rules, Please visit www.maharera.gov.in)

Wednesday, July 24, 2019

HOW RUN BIG CONSTRUCTION COMPANIES?

Currently, in the world a lot of Big projects are running, Like Bridges, Railway, Metros, Roads, Hotels, Townships, Industrial Projects, Airports, etc. These types of projects need too much Manpower and Staff. But all big companies are too Clever because all staff is divided into Different Department which is as follows.


1. Managing Director/ Management.
2. Vice Presidents
3. Project Coordinator
4. Human Resource Department
5. Vigilance Department.
6. Design and Developments
7. Business Development

Below this, They have formed different Departments to Control all staff under one roof and with discipline.


All department are as Follows.

1. Estimation Department
2. Planning Department
3. Contracts Department
4. Billing Department
5. Execution Department : Which is working under Project Manager.
6. Quality Department
7. Purchase Department
8. Store Department
9. Safety Department
10. Electrical Department
11. Mechanical Department
12. IT Department
13. Sales Department
14. Lisining/ Legal Department
15. Account Department
16. Administration Department.


All departments are bonded with each other as per requirements of Management and As per the rule of Standard work procedures to achieve the target or to complete the projects within time.
The Duties are designed as per this Requirement and the Human Resources Department are distributed those duties to everyone with bonding by Salary and facilities.

In this blog, we will study the Structure of those types of companies, which will help you to form your company structure like this. Which can be beneficial to your company in the future.


1. Managing Director:

In Each Company, There is a Key Person Known as " MANAGING DIRECTOR". This the main decision-maker in the company. This person is ideal, innovative, Motivated, and looking always forwarded because he wants to grow his company. and maybe sometimes they have become a business idol.

2. Vice President:

This is the second Key Person of the company who is Managing all the things about the project. He can Control all the Department with proper instructions to give them as per recommend by Managing Director and as per required by Contract or Tender.

3. Project Coordinator :

This person is coordinate the details about projects and update it to his seniors like Vice Presidents after visiting the site and meeting with project Manager, Site Engineer, Etc. He will also Tackle the Contractor issues, Material issues with coordinate with the Purchase and Contract Department.

4. HR Manager: 

This person can bind all the staff under the single roof by giving legal proof of Payment, Attendance Report, Interview arrangement, New staff searching, Salary Sheet formation, Etc. But this person should be like as an Umpire. He needs to keep the balance between Management Requirements, Staff Requirements, and Government rules.

5. Vigilance Department:

This Department is Like in-house Anti Corruption who is always watching the staff activity who is doing corruption in the company like Money Demands to Contractor for approval of Work order, Bill, Measurements, etc. of Commission in Material Rate. This Department is always watching on such activities. But this department is available in only MNC companies.

6. Design and Developments Department:

 This department mostly available in real estate companies because after preparation of all drawing by Architecture some other requirements demand by project location, Management to keep front of Customers requirements, to solve this issue Design and development department is a help. They can calculate the area as per government rules and also doing changes demanded by some customers. They are giv8ng the solutions to architect after finalizing the drawing by management.


7. Business Development:

This Department is directly reporting to Management and Vice Presidents regarding updates about new projects, as well as updates about ongoing projects. They are helping to grow the company graph.
Above Mentioned Department are playing an important role to improve the company performance each year.




Remaining all Department is attached by each other with their job responsibilities which are given by the HR Manager.

HR Manager is bounding all the departments by the organization chart. which is play's very important role to easily understand the role of each person and he will easily know who is my senior and who is the higher authority. as well as he will know who can report him and which are the team members.
The organization chart is like a tree diagram to understand the flow of authorized person and flow of work to update or contact to a particular department and particular person.

Big Construction companies Reporting system in prepared to bound each other and all the staff want to coordinate each other to update themselves. currently, most of the companies are using the ERP:
(ENTERPRISE RESOURCE PLANNING) Which is Computerised program to update and store the data at actual, which can be easily accessible to Management at any time and anywhere?

In the given organization chart we just mentioned the number of posts/ positions to know the exact positions. In actual conditions may change to a different condition like Vice president are more than one, or site engineer/ Supervisors are more than one.

If you want to understand the details job description of each Department and each staff, please keep in touch with us. or mail us on director.cbec@gmail.com




Team CBEC.