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RERA Registration

The Real Estate (Regulation and Development) Act, commonly known as RERA, is a significant legislation enacted by the Indian Parliament in 2016 to regulate the real estate sector in India.

RERA has brought about significant reforms in the real estate sector in India, promoting transparency, accountability, and consumer protection. It has enhanced investor confidence, streamlined project approvals, and improved the overall functioning of the real estate market.

We Provide Tailored RERA Registration Solutions

We specialize in tailored RERA registration solutions, navigating legal complexities with precision and expertise to ensure seamless compliance. Our experienced team guides you through every stage, from documentation preparation to filing, providing personalized assistance and alleviating administrative burdens.

Trust us to streamline your registration journey, allowing you to focus on your real estate projects while we handle the process efficiently and transparently.

Registration process of RERA

Documents Required for RERA registration

Frequently Asked Questions

RERA stands for Real Estate (Regulation and Development) Act, which is a landmark legislation enacted by the Indian government to regulate the real estate sector and protect the interests of homebuyers.

RERA was introduced to promote transparency, accountability, and efficiency in the real estate sector, protect the rights of homebuyers, and ensure timely completion of real estate projects.

RERA applies to real estate developers, builders, promoters, real estate agents, and buyers involved in the sale or purchase of residential and commercial properties.

The key objectives of RERA include ensuring transparency in real estate transactions, promoting fair practices among developers, protecting the interests of homebuyers, and enhancing the credibility of the real estate sector.

RERA authorities are responsible for implementing and enforcing RERA provisions within their respective states or union territories. They oversee the registration of real estate projects and agents, resolve disputes, and ensure compliance with RERA regulations.

Yes, all real estate projects with a land area exceeding 500 square meters or involving more than eight apartments are required to be registered under RERA before advertising or selling.

Developers are required to disclose detailed information about their projects, including project plans, approvals, timeline for completion, financial details, and status of construction, on the RERA website.

Non-compliance with RERA regulations may result in penalties, fines, or imprisonment for developers, promoters, or real estate agents. The severity of penalties depends on the nature and extent of the violation.

RERA protects homebuyers by ensuring transparency in real estate transactions, mandating timely completion of projects, establishing dispute resolution mechanisms, and providing remedies for defects or deficiencies in construction.

The process for registering a real estate project under RERA involves filling out an online registration form, submitting necessary documents, paying registration fees, and obtaining approval from the respective state RERA authority.

No, real estate agents are required to register with RERA before facilitating any property transactions. Unregistered agents may face penalties under RERA.

Yes, developers are required to adhere to the timeline specified in their project plans and complete projects on time. Delays may result in penalties or sanctions by the RERA authority.

Developers can make minor changes to their projects after obtaining RERA registration with the approval of the RERA authority. However, significant changes may require re-registration.

Homebuyers have various rights under RERA, including the right to information, the right to timely possession of the property, the right to seek compensation for defects or deficiencies in construction, and the right to participate in the decision-making process.

Yes, ongoing projects that have not received completion certificates before the implementation of RERA are required to comply with RERA regulations, including registration and disclosure requirements.

Advantages of RERA

Transparency

RERA promotes transparency in real estate by mandating developers to register their product with regulatory authority and provide detail information about project

Accountability

RERA holds develops accountable for delivering project on time and as per specifications. developer face penalty for delay or non compliance with Rera provisions

Consumer Protection

Primary objectives of RERA is to protect interest of consumer. Right to timely possession, compensation for defect or deficiencies in construction is provided by RERA

Financial Discipline

RERA mandates that developers deposit a certain percentage of project funds to separate escrow account. which can be used for project related expenses.

Improved Market Confidence

RERA has instilled great confidence among homebuyer and investors in the real estate market. it increased transparency, accountability, and consumer protection

Streamlined Regulatory Framework

RERA streamline regulatory framework governing real estate sector by consolidating various law and regulations under single umbrella.

Disadvantages of Private Company Registration​

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