RERA Registration

Package Inclusion :

  • Documents Evaluation
  • On Call Discussion
  • Drafting of an application
  • Online filing of an application
  • End to end follow up with the government department
  • Certificate of RERA Registration
  • Easy & Fast RERA Registration Process

RERA Registration

What is RERA (Real Estate Regulatory Act)?

The Real Estate (Regulation and Development) Act, 2016 introduced with a view to establish regulatory authorities at the state level to register residential real estate projects and seeks to regulate contracts between buyers and sellers in the real estate sector to ensure sale of plot, apartment or building, etc. in an efficient and transparent manner. It also proposes to ensure greater accountability towards consumers, and significantly reduce frauds and delays as also the current high transaction costs.

By imposing certain responsibilities on purchasers and promoters, it attempts to balance the interest of both. It seeks to establish the following:

Why there is a need for RERA in India?

In India, the real estate sector plays a vital role in fulfilling the need and demand for housing and infrastructure development. While this sector has grown rapidly in recent years, it has been largely unregulated though in India there is state apartment act with the absence of professionalism and standardization. The lack of adequate consumer protection mechanism resulted in exploitation and profiteering by unscrupulous builders. Thus, the Real Estate Act will protect the interest of buyers and also give much-needed impetus to the sector.

What is the impact of RERA on Real Estate Sector?

With the introduction of RERA, State Real Estate Regulatory Authority and the Real Estate Appellate Tribunal have been established in order to resolve the disputes pertaining to purchase of the property. There will be no other consumer forums and civil courts for the aggrieved party to settle down such matters. For fast-tracking dispute resolution, the groundwork is set up by the RERA. However, its success depends upon the timely establishment of new dispute resolution bodies and expeditious resolution of disputes.

Following are the key impact of RERA on Real Estate Industry:

What are the main objectives of enforcement of RERA Act?

Following are the main objectives of enforcement of RERA Act:

Who all are required to apply for RERA Registration?

RERA registration

RERA registration is applicable on promoters, project and real-estate agents subject to the following conditions:

What is the procedure of RERA registration?

Every promoter and agent have to register themselves with the state RERA authority as per the RERA Act. There is a prescribed procedure for the registration of real estate projects and agents.

RERA registration is done in respect of commercial projects as well as residential projects along with the necessary documents and prescribed fees.

In case of failure to apply for RERA registration, a penalty of up to 10 percent of the project cost or three years’ imprisonment may be imposed.

What are the criteria for RERA Registration fee for different category of applicants?

a. RERA Registration fees in Maharashtra

Project registration under MH-RERA Rs. 10 per square meter or Rs. 50,000 minimum and maximum Rs. 10 Lac.

Agent registration under Maharashtra RERA Rs. 10,000 in case of individual and Rs. 100,000 in case others.

b. RERA Registration fees in Uttar Pradesh

In case residential Apartments / Project in UP
Rs.10 per square meter for Project size less than 1000 Square meter.
Rs.500 per 100 square meter for project size exceeds 1000 square meters.
In case of commercial projects in UP
Rs.20 per square meter for projects size less than 1000 square meters.
Rs.1000 per 100 square meter – For projects size more than 1000 square meters.


For Agent registration under RERA as individual Rs. 25000 and in case of others Rs. 2,50,000/-.

What will be the validity period of RERA registration and what are the provisions regarding extension?

The RERA registration shall be valid for such period as decided by the Promoter for project completion or period described in the affidavit along with the RERA registration application. However, on the receipt of application from the Promoter for an extension, the authority may grant the extension under the below-mentioned circumstances:

What are the rules regarding revocation of RERA registration?

In respect of real estate project, RERA act stipulates various compliances. RERA registration may be revoked if the prescribed compliances are not complied with. RERA registration may be revoked by the authority on the basis of a complaint received or on suo moto basis by giving 30 days written a notice to the promoter. Such written notice may be given on the basis of the proposed revocation.

On receiving the notice, the promoter will give the show cause notice as to why the RERA registration should not be revoked by the authority.

After this, the authority will either allow the real estate project to be registered or cancel the RERA registration.

On the following grounds, show cause notice may be issued:

What will be the consequence of non registration?

As per section 59 of the RERA Act, in case of non registration there is a penalty of up to 10% of the estimated project cost and in case of continuous default there will be an additional fine of up to 10% of the estimated project cost or 3 years imprisonment or both.

As per section 31 of the RERA Act, a complaint may be filed by the aggrieved person with the authority in case of violation of the RERA provisions by the promoter. There are wide powers entrusted with the authority in relation to non-compliance by the Promoter. Authority may levy a penalty or take the remedial measures/safeguards as may be deemed fit. On the case, to case basis, authority may grant interim order(s), refund of the amount received by the Promoter.

What are the rules regarding a loan from banks or financial institutions?

In case the real estate project is not registered or the registration has been canceled, then loan given by the banks and financial institutions to the retail buyers will involve high risk and uncertainties regarding the real estate project completion. In relation to such real estate project, action taken by the RERA authority may be detrimental to the interest of such bank / financial institution.

Therefore Banks / Financial Institutions also insist for RERA registration before sanctioning the loan to the buyers in order to protect their interest.

Is RERA registration gives protection to the buyers?

Yes, buyers feel more secure if the project is registered as it makes mandatory for developers to rectify the faults in the construction which came into notice after receiving the possession. It will improve the transparency in the real estate sector.

What are the market changes after one year of implementation of RERA?

After one year of implementation of RERA, some of the buyers are questioning the legislation as changes are not visible to them on the ground whereas developers feel that RERA bought transparency in the real estate sector.

The debate will continue but according to our government has taken the good initiative to bring accountability in the real estate sector and enhance the confidence of the buyers.

How we can help you with RERA registration?

Enterslice is a leading platform which provides all type of legal compliance services in all over India and in more than 22 countries. You just have to go through the following below mentioned steps in order to get your RERA registration in India:

What are the documents required for RERA registration Process in India?

Documents required from developers to register an on-going project:
  • In case promoter is individual then basic details such as name, address, photograph and contact details.
  • In case of other than individual, details of chairman, partners, directors, and authorized person and details of an entity such as the type of entity, name and address of the entity.
  • Copy of PAN and Aadhar of promoter
  • Copy of approval obtained from the competent authority
  • Development Plan
  • Project details (location of the project, layout and sanctioned plan of the project)
  • Details of designing standards, construction technology type, resistant measures in case of the uncertain event and amenities/facilities in the layout plan.
  • Income Tax Returns (ITR) and audited financial statements of the past 3 years.
  • Title Deed along with the chain of title
  • Documents of ownership such as proforma of the allotment letter, sale agreement, and conveyance deed.
  • Details of the architect, engineers, and others.
  • If the promoter is not the owner then consent detail of the owner along with the collaboration agreement, development agreement, joint development agreement, title deed or any other agreement entered into between the promoter and owner.
  • Any other document asked by the authority
Documents required for Agent Registration
  • Details of the real estate agent such as name, address, contact details and photographs of individual/ partners/ directors.
  • Copy of PAN and Aadhar of the Real Estate Agent
  • Copy of the address proof

What are the benefits of RERA Registration?

Timely delivery

It has been seen that developers often make false promises about the completion date of the project, but hardly deliver on time. As per the bill, strict regulations will be enforced on developers to ensure that construction runs on time and flats are delivered on decided time. In case if the builder is not able to deliver the flats on time, he/she will be liable to refund the amount to the purchaser with interest.

Accurate Project Details

In the construction stage, builders promote their projects, defining the various amenities and features related to projects. As per this bill, there can't be any changes to a plan. And if a builder is found guilty then, he/she will be penalized 10% of the project's costs or face jail time of up to three years.

All clearances

Builders often attract buyers with huge discounts and pre-launch offers. And, the buyer, enticed by the offers, does not bother about the clearance. But, due to delays in getting clearance, the buyer does not get the flat on time. This bill ensures that developers get all the clearances before selling flats.

Proper Structure

If the buyer finds any structural deficiency in the development of the building, then it is the developer's responsibility to repair structural defects up to 5 years.

Booking Amount

The amount to be paid by the buyer has been reduced from 20% to 10%, which should be paid only after registering the agreement for sale with the builder. Termination of the agreement is permitted only if the buyer defaults on payment thrice. The Buyer is entitled to a 15-day notice.

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