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RERA Registration in India
RERA Registration is mandated by the Real Estate (Regulation and Development) Act, 2016, for developers, builders, and real estate agents operating in India. This regulation was introduced to ensure accountability, transparency, and fair practices in the real estate sector. Registration with the Real Estate Regulatory Authority (RERA) is essential for real estate projects exceeding 500 square meters in size or having more than 8 apartments. It instills confidence among buyers by enforcing compliance with project timelines, quality standards, and financial disclosures.
Importance
1. Mandatory Compliance : Required for promoting or advertising real estate projects legally.
2. Buyer Protection : Builds trust by providing accurate project details and timelines.
3. Transparency : Ensures disclosure of project plans, approvals, and financial details.
4. Dispute Resolution : Offers a structured mechanism for addressing buyer grievances.
5. Market Credibility : Enhances the reputation of developers and agents by showcasing compliance.
Documents Required
For Real Estate Developers
For Real Estate Agents
Features
Features & Benefits of RERA Registration in India
Project-Specific Registration
Agent Registration
Transparency
Buyer Rights Protection
RERA Registration
Grievance Redressal
Separate Project Accounts
Penalty for Non-Compliance
Periodic Updates
Standardized Practices
Comparison with Related Services
| Feature | RERA Registration | Building Plan Approval | Trade License |
|---|---|---|---|
| Purpose | Real estate project compliance | Construction permission | Business operations compliance |
| Regulating Authority | State RERA Authority | Municipal Corporation | Local Municipal Authority |
| Applicability | Builders and agents | Builders and contractors | Businesses within city limits |
| Validityt | Project-specific | Project-specific | Annual or periodic renewal |
| Mandatory | Yes | Yes (for construction projects) | Yes |
Frequently Asked Questions
Who needs RERA registration?
Builders developing projects larger than 500 sq. meters or more than 8 units, and real estate agents facilitating property transactions.
What is the validity of RERA registration?
Valid until the completion of the project for developers and for a fixed term (typically 5 years) for agents.
What are the penalties for non-compliance?
Penalties can include fines up to 10% of the project cost or imprisonment for severe violations.
Can buyers verify RERA registration?
Yes, buyers can check registration details and project updates on the state RERA portal.
Is RERA registration required for ongoing projects?
Yes, ongoing projects that meet the eligibility criteria must register with RERA.
Can a builder sell unregistered projects?
No, advertising, selling, or booking unregistered projects is illegal under the RERA Act.
Related Services
GST Registration and Compliance
Trademark Registration
CA Services for Annual Compliance
Income Tax Filing
MSME Registration
Import Export Code (IEC) Registration
Employee Provident Fund (EPF) Registration
ESI Registration
Digital Signature Certificate (DSC)
Secretarial Services
ISO Certification
Business License or Shop & Establishment Act Registration