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The RERA registration process is mandatory for all projects.it is mandatory for projects that require marketing and selling. Those that do not need to sell their properties must provide detailed information about the project. In some cases, agents may be suspended if they misrepresent facts in their marketing materials or make false claims in their contracts.

RERA Registration Form

RERA Registration is required for any real estate project that has more than eight apartments. The registration process is easy and quick. All you need to do is submit the required documents to the RERA authority. This includes a hard copy of all documents such as the Form G, affidavit of no booking and Form C, which is the draft of the sale agreement for the project. The fee for each of these documents varies depending on the state and municipality.

Upon completion of the registration process, you’ll receive a unique Registration Number, which you will use to update your project’s status on the RERA website. After the registration process, you’ll need to pay the fees for land registration. The fees for registering a residential project will be different than those for registering a commercial one. You’ll also need to create an account and attach all the required documentation. In some states, you’ll need to register the project as a commercial one.

During the registration process, developers must make certain to provide quarterly records. The failure to meet these requirements will result in a ban from the market and a penalty of up to 10% of the project’s cost. In addition to that, agents are required to submit quarterly information and financial reports. If the promoter is found guilty of extortion, their RERA registration will be suspended. If the commission is higher than the RERA fees, the builder will have to pay a fine of up to Rs 10,000.

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Documents Required For RERA Registration

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Promoter Details

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Developer Details

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FAQ'S

The real estate projects for which Building permissions were approved on or after 01-01-2017 by the Competent Authorities viz., UDAs / DTCP / Municipal Corporations / Municipalities / Nagar Panchayats / TSIIC as the case may be comes under the purview of RERA Act & Rules except the projects where:

  • Area of land proposed to be developed does not exceed five hundred square meters
  • Number of apartments proposed to be developed does not exceed eight inclusive of all phases
  • Renovation or repair or re-development which does not involve marketing, advertising selling or new allotment of any apartment, plot or building, as the case may be, under the real estate project
  • ensure accountability towards allottees and protect their interest;
  • infuse transparency, ensure fair-play and reduce frauds & delays;
  • introduce professionalism and pan India standardization;
  • establish symmetry of information between the promoter and allottee;
  • imposing certain responsibilities on both promoter and allottees;
  • establish regulatory oversight mechanism to enforce contracts;
  • establish fast- track dispute resolution mechanism;
  • promote good governance in the sector which in turn would create investor confidence.

To register a project under the RERA Act, the promoter has to enclose various documents along with the application. The developer also has to specify the number, type, and the carpet area of properties; area exclusive of the balcony, veranda, and open terraces; name and addresses of developers, real estate agents, contractors, architect, and structural engineer (if any) have to be disclosed

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