All agents willing to provide services by selling RERA Registered projects are mandatorily required to get registered under RERA. Other agents may register as it helps them to create a confidence in client’s mindset
Fees Payable for Registration in the individual name is Rs 10000+ Service Charge + GST.
Fess payable for Other than Individuals (Including Sole Proprietor) is Rs. 100000+ Service Charges + GST. Mode of Payment is NEFT, RTGS or any other Digital Transaction Mode.
Certificate is usually received in a span of 30 working days.
Yes, it is compulsorily to get registration under RERA.
Registration to be done via Rera portal. Following given below are the list of documents and information required in case of promoter.
8.Tthe number, type and the carpet area of apartments for sale in the project along with the area of the exclusive balcony or verandah areas and the exclusive open terrace areas apartment with the apartment.
The names and addresses of the contractors, architect, structural engineer, if any and other persons concerned with the development of the proposed project.
The names and addresses of the contractors, architect, structural engineer, if any and other persons concerned with the development of the proposed project.
Fees Payable for Registration as the “Promoter” depends on the total area developed. Charges applicable are Rs.10 per square meter. Whereas Minimum fees applicable is Rs 50,000+ Service Charge + GST which may extend up-to Rs.10,00,000+ Service Charge + GST.
The authority shall within 30 days grant registration to the applicant.
RERA act was notified on 26 March 2016 by Government of India. It is applicable to whole of India except the state of Jammu and Kashmir.
RERA is an Act introduced for regulation and promotion of real estate sector.
This act is introduced to promote transparency and uniformity in real estate sector. The main objective is to promote interest of consumers and investors in this industry.
Yes, Carpet Area is clearly defined in the Act “Carpet area means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment.”
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