How it works ?
Complete this purchase process our executive wil contact you with all details i.e documents required, time line , price etc
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RERA Registration
RERA (Real Estate Regulatory Authority) Registration is a mandatory requirement for real estate developers, builders, and agents under the Real Estate (Regulation and Development) Act, 2016. The goal of RERA is to promote transparency, accountability, and efficiency in the real estate sector while protecting the interests of homebuyers.Here’s an overview of the RERA Registration Process:
Eligibility:
RERA registration is required for real estate developers, builders, and real estate agents involved in the sale, purchase, or marketing of residential and commercial properties.Documents Required for Developers/Builders:
- Proof of identity (PAN, Aadhar card, or passport)
- Business registration details (company, LLP, partnership, or individual)
- Land title documents (for the project in question)
- Project details such as layout plan, building approval, and financial statements
- Architect or engineer details
- Registration certificate from the local municipal authority
Documents Required for Real Estate Agents:
- Proof of identity (PAN, Aadhar card, or passport)
- Business registration (if applicable)
- Office address proof
- Educational qualifications and professional experience
- Bank details and a copy of the license for conducting real estate activities
Application Submission:
Submit the application for RERA registration online through the respective state’s RERA portal. Each state in India has its own RERA authority, so registration will need to be done in the specific state where the property project or agency operates.Payment of Fees:
There will be an application fee that varies based on the type of entity (developer or agent) and the size of the project. The fee must be paid as per the state’s RERA guidelines.Verification and Inspection:
After submitting the application and required documents, the RERA authority will review the information and may conduct an inspection of the project site (in the case of developers) or the agent’s office.Grant of Registration:
Once all documents are verified and the application is approved, RERA will issue the registration number. For developers, this registration number must be prominently displayed in all advertisements, marketing materials, and agreements.Renewal:
RERA registration for builders and agents is typically valid for a period of 5 years. Renewal is required at the end of the registration term.
Benefits of RERA Registration:
- Ensures transparency and fair practice in the real estate sector
- Protects the interests of homebuyers and provides them with legal recourse
- Helps developers and builders gain credibility and trust in the market
- Facilitates smooth project completion by ensuring compliance with regulations