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.
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Registration process of RERA
- Check Eligibility of project that meets criteria of RERA
- Obtain necessary documents for registration process
- Create an account with RERA portal
- Fill out registration form and provide accurate details about project
- Upload required documents in the registration form
- Pay registration fees through online payment gateway provided on RERA portal
- Submit application with accuracy and completeness
- Verification and approval by RERA authority after verification of documents
- Issuance of Registration certificate and display that registration details on all promotion of project.
Documents Required for RERA registration
- Pan card, Income tax return,office proof, address proof, guarantor with property dealer license and amy other documents required by department in case of individual
- MOA, AOA, Income tax Return, Certificate of Incorporation, list of Directors, DIR-12 for appointment (If applicable), Board resolution, office proof, Director documents, Address proof of directors, Each persons photos (in case of private company, firm, other company)
- Other supporting documents required at the time of 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

Accountability

Consumer Protection

Financial Discipline

Improved Market Confidence

Streamlined Regulatory Framework
Disadvantages of Private Company Registration​
- Complex Compliance Requirements
- Limited Privacy Protection
- Higher Formation Costs
- Shareholder Disputes and Control Issues
- Restricted Access to Capital
- Taxation Challenges
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Expert Guidance

Tailored Solutions

Efficient Process
