RERA Registration
Make it transparent, trustworthy, and regulation-ready! RERA Registration in just a few clicks.
Register your project today and build lasting confidence with your buyers!
RERA REGISTRATION
Oh, RERA registration! It’s something that people often talk about when dealing with real estate in India.
The Real Estate (Regulation and Development) Act, or RERA, was introduced as a statutory shield to empower property buyers and bring structured fairness to the real estate market.
tricky practices some builders had back in the day.
The main idea is to set up a more organized framework where developers must register their projects under this act before them kick-start sales. This registration is super important because it means the developer has to provide all the essential details about the project, like the land size, completion timeline, and even the number of apartments. This way, it helps to ensure that developers stick to their plans and don’t mislead buyers with false promises.
Plus, if anything goes wrong, having an RERA registration means buyers can legally address grievances. It’s like having that extra bit of assurance when you’re planning to invest in a property. So, all in all, it’s just a step in the right direction to make buying a house a fairer and more transparent process!
Objectives of RERA Registration
- Enhancing buyer trust through clear disclosures and responsible practices to ensure their rights are respected at every stage of the real estate journey.
- A dispute resolution mechanism to settle complaints.
- A reduction in fraud through increased compliance.
- A reduction in delays through fair play.
- A guarantee of seamless operations through the implementation of professionalism and standards.
- Encouraging ethical real estate conduct by embedding integrity-driven policies that foster public awareness and trust.
- Ease of transactions through imposed obligations on both the buyer and the promoter.
- Formation of a dedicated appellate body to review and resolve disputes stemming from regulatory directives under the RERA framework.
Documents Required For Shop and Establishment Registration
For Real Estate Project Promoters:
General Records:
The promoter’s PAN card
The promoter’s identity proof (e.g., Voter ID, Passport, or Aadhaar card)
The promoter’s photo
Contact information
Title deed
Project-Specific Documents
Project Name and Description – Specifics of the proposed project
Land Title Certificate – A legal title report from a registered advocate attesting to land ownership
Development Agreement – A contract between the developer and the landowner (if applicable)
Encumbrance Certificate – Proof that the property is free of financial or legal liabilities
Sanctioned Plans – Building and layout plans approved by the local authorities
Project Location Details – Includes GPS coordinates and site photographs
Construction Cost Estimate – A detailed breakdown of construction costs
NOC (No Objection Certificates) – Issued by relevant authorities (e.g., airport, environment, fire safety)
Financial Records:
The promoter’s audited balance sheet for the previous financial year
Income Tax Returns (ITRs) for the last three years
Project bank account details, including the escrow account mandated under RERA (for depositing 70% of project funds)
For Real Estate Agents
General Records
Identity Verification – Voter ID, Passport, or Aadhaar card
PAN Card – credential issued in the name of the individual agent or representing entity, used for tax and identity verification purposes.
Address Proof – Documentation of the business location (e.g., property tax receipt, lease agreement, or utility bill)
Photograph – Passport-sized photo of the agent
Documents Particular to the Firm or Company (If applicable)
Certificate of Business Registration – GST registration, partnership agreement, or certificate of incorporation
Contact Information – Phone number and email address of the agent or firm
Letterhead – The company’s official printed letterhead
Additional Documents, if any
Joint Development Agreement – Required if the project is being developed through a joint venture
Affidavit – A declaration confirming the promoter’s compliance with all RERA regulations
Ongoing Project Verification – Confirmation that the project has not been sold or advertised without registration (in the case of ongoing projects)
Benefits of RERA Registration
Transaction Transparency:
By forcing developers to give comprehensive and accurate project details, including as approvals, deadlines, and construction updates, RERA adds a high degree of transparency to real estate transactions. Customers are empowered to make wise judgments because of this transparency.
Homebuyers' protection:
By guaranteeing that developers follow authorized plans and complete projects by the deadline, RERA protects homebuyers. Customers have legal options to request reimbursements or compensation in the event of delays or deviations.
On-time Project Delivery:
RERA’s strict rules and sanctions for noncompliance guarantee that developers follow project schedules, lowering the possibility of delays and guaranteeing prompt property possession.
Standardization of Practices in Real Estate:
RERA ensures consistency and equity in real estate transactions by standardizing real estate processes. It includes standardized documentation and mandatory clarity in spatial terminology such as usable floor area, total constructed space, and shared facility measurements.
Builders' Accountability:
RERA makes builders answerable for their commitments and duties. It minimizes financial mismanagement by requiring developers to keep a distinct escrow account for every project, guaranteeing that money received from purchasers is utilized only for the planned project.
How to apply for RERA registration?
Filling out the RERA Registration Form – The applicant must submit the designated form to the respective state authority. This process may vary by state and must include all required information and supporting documents.
Submission of Necessary Documents – The applicant must submit the completed application form along with all required documents. Payment of applicable fees may be made online, via banker’s cheque from a scheduled bank, or through a demand draft, as specified by the real estate regulatory authority.
Authority Verification – The authority will review the application within 30 days of receipt. If no decision is communicated within this period, the application is deemed approved.
Registration Certificate Issuance – Upon approval, the promoter or real estate agent will receive a registration certificate from the authority, confirming their RERA registration.
State-Specific Guidelines – Different states may implement their own tailored protocols and compliance criteria, reflecting regional administrative norms and regulatory interpretations.
Applicants should consult the official RERA website of their respective state for detailed instructions and information.
RERA's Impact on the Future of Real Estate
Long-Term Gains for the Industry – RERA is expected to bring greater stability, transparency, and investor-friendliness to the real estate market over time. Its emphasis on accountability will continue to build consumer confidence and attract fresh investment.
Changing Regulatory Structure – As the real estate sector evolves, RERA is anticipated to adapt accordingly. The regulatory framework will likely be updated to address emerging trends and challenges, ensuring continued consumer protection and ethical practices.
Improved Protection for Consumers – RERA’s focus on safeguarding consumer interests will remain a cornerstone of the real estate industry. Ongoing improvements to regulations and enforcement will further enhance the security of homebuyers.
RERA's Effect on the Real Estate Industry
Joint Development Agreement – Required if a joint venture is used to develop the project
Affidavit – A sworn statement confirming the promoter’s compliance with all RERA regulations
Ongoing Project Verification – Confirmation that, in the case of ongoing projects, the project has not been sold or advertised without prior registration
Significant RERA Features
Security – To ensure financial integrity, builders are required to channel 70% of the purchaser’s contributions into a distinct project-specific account reserved exclusively for covering construction and land-related expenditures.
They cannot demand more than 10% of the property’s cost as an advance before signing the sale agreement.
Transparency – Clarity in operations is ensured by mandating that developers secure the buyer’s explicit approval before making any modifications to the initially sanctioned project specifications.
Fairness – Properties must be sold based on the carpet area, not the super built-up area.
In the event of a delay, homebuyers are entitled to reclaim their invested amount in full, reinforcing financial fairness and trust in the transaction.
Quality Assurance – Developers are obligated to address any structural defects or complaints within five years of possession, and must resolve them within 30 days.
Permission – All real estate projects must be registered with RERA, and all advertisements must display a unique registration number issued by the authority.
Rights and Responsibilities under RERA
Homebuyers’ Rights
Right to receive complete project information
Right to timely possession of the property
Right to claim compensation for project delays
Promoters’ Responsibilities
Adherence to committed project deadlines
Obligation to address and resolve any structural flaws reported within five years of handing over possession, ensuring lasting construction reliability.
Developers are required to manage a distinct, regulated account exclusively for project finances, ensuring that all buyer contributions are reserved solely for that project’s development and land use.
Which RERA projects are exempt from the RERA Act's registration requirements?
Land Area and Apartment Limit Projects – Projects covering up to 500 square meters of land or involving no more than eight flats are exempt.
Renovation, Repair, or Redevelopment Projects – Exempt if they do not involve marketing, advertising, selling, or new allotment of any building, plot, or apartment.
Projects with Completion Certificate – Projects that already received a completion certificate before the RERA Act came into effect are not subject to its provisions.
FAQ
1. How much time does it take to register for RERA?
If all paperwork is in order, applications are normally processed by the RERA authority in 30 to 90 days.
2. How long is an RERA registration valid?
• Regarding Promoters: As stated during registration, the registration is good until the project’s completion date.
• For agents: the registration can be renewed and is normally good for five years.
3. How much does it cost to register with RERA?
Each state has a different registration fee, which is determined by things like:
i. The project’s scale (for promoters).
ii. Status: individual or firm (for agents).
4. Is it possible to cancel an RERA registration?
RERA has the authority to cancel the registration if
• RERA provisions are broken by the promoter or agent.
• Misconduct, fraud, and non-compliance are the subjects of complaints.
5. Is it possible for a buyer to confirm a project's RERA registration?
Yes, buyers can check the state’s RERA portal to confirm a project’s RERA registration details. Timelines, approvals, and project progress are among the details the portal offers.
6. Is it possible to register ongoing projects under RERA?
Yes, ongoing projects that did not have a Completion Certificate (CC) on the day RERA went into effect have to register.
7. Is it possible to transfer RERA registration?
No, a person’s or company’s RERA registration is unique to that project and cannot be transferred.
8. How can issues related to RERA be tackled?
Complaints can be submitted to the appropriate state RERA Authority by promoters, agents, or buyers.
Hearings are used to settle disputes, and sanctions or payments may be made.
9. Why is RERA registration required for real estate agents?
To promise ethics and integrity in real estate transactions. By limiting their dealings to RERA-registered projects, registered agents gain more credibility with clients.
10. What penalties are defined by the RERA Act?
• A penalty of Rs. 10,000 per day, which can amount to 5% of the building or plot’s cost, would be imposed on the agent for any registration defaults.
• A penalty of up to 5% of the real estate project’s anticipated cost may be imposed on the promoter for giving misleading information.
RERA Registration is your key to building trust, transparency, and compliance in the real estate sector.
Whether you’re a builder, developer, or real estate agent, this registration helps you:
✅ Gain legal recognition under RERA Act
✅ Build trust with buyers and investors
✅ Ensure timely project delivery and compliance
✅ Avoid penalties and legal hassles
Click here to see how we make RERA Registration easy, reliable, and hassle-free.
Simplify Your Rera Journey
Let Experts Handle It, Submit your contact and get free consultant within 24 hrs
