RERA Registration
Get your RERA certificate now
Did you know that any builder who wants to develop a property (commercial/residential) on land that is more than 500 sq. meters or the number of proposed apartments in all phases is more than 8 shall mandatorily obtain the RERA Registration Certificate?
Under the Real Estate (Regulation and Development) Act, 201, the Parliament of India passed a regulation which made it mandatory for each state to have a Real Estate Regulatory Authority (RERA), which would benefit both buyers and sellers in the real estate sector.
RERA builder registration is essential since it has had a great impact on the real estate sector as liquidity has been tightened. Project costs have increased, and so has the Cost of Capital. Real estate has reached a new level of standardization with the introduction and application of RERA.
Overview
We are the one-stop solution firm guiding developers on the legal, technical and financial aspects of your entire RERA registration process.
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FAQ
Frequently asked questions.
RERA stands for Real Estate (Regulation and Development) Act, 2016 which as formulated to supervise the real estate sector in India.
Fees of RERA registration of projects varies from state to state depending upon the state of applicant. For more information, you may please visit the respective state's RERA website.
Applicability of RERA Registration
Type of properties – It applies to commercial buildings, residential apartments, and plot developed for sale. Area – The registration applies for real estate projects exceeding 500 sq. meters or having more than eight apartments.
In the case of perpetually delayed projects that are not registered under RERA, the customer may file a complaint with the authority or adjudicating officer, appointed under the legislation as per Section 31 of RERA.
