Rera registration

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

Registration is to be done online on the MAHARERA websitewhich is https://maharera.mahaonline.gov.in/

Following given below are the list of documents and information required in case of agent registration: –

PAN Card – Mandatory

Aadhar Card – Mandatory

Address Proof – can be home address or Office/ shop address (Shop & Establishment License required in case of shop)

Income Tax Return Acknowledgement for Last 3 Years / Declaration in case ITR’s are not available.

Letter Head – Mandatory (If you don’t have it we share few options)

Rubber Stamp – You need to make it in own name (Individual) or For Others (Company Name/ Firm Name) – Mandatory

Acknowledgement Receipt – Mandatory

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 mandatory for the promoter to get their project registered under RERA

Registration to be done via Rera portal. Following given below are the list of documents and information required in case of promoter.

1. Brief details of the enterprise
2. Brief details of projects launched by him in the past five years whether already completed or being developed, including current status of said projects, any delay in its completion, details of cases pending, details of type of land and payments pending.
3. Authenticated copy of approvals and commencement certificate from competent authority for real estate project mentioned in application.
4. The sanctioned plan, layout plan and specifications of the proposed project
5. The plan of development works to be executed in the proposed project and the proposed facilities to be provided including firefighting facilities, drinking water facilities, emergency evacuation services, use of renewable energy.
6. The location details of the project, with clear demarcation of land dedicated for the project along with its boundaries including the latitude and longitude of the end points of the project.
7. Proforma of the allotment letter, agreement for sale, and the conveyance deed proposed to be signed with the allottees;
8. The 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.

9. The number and areas of garage for sale in the project
10. The names and addresses of his real estate agents, if any, for the proposed project
11. The names and addresses of the contractors, architect, structural engineer, if any and other persons concerned with the development of the proposed project.
12. Declaration, supported by an affidavit, which shall be signed by promoter or any person authorised by promoter
13. That he has a legal title to the land on which the development is proposed along with legally valid documents with authentication of such title, if such land is owned by another perso.
14. That the land is free from all encumbrances or as the case may be details of the encumbrances on such land including any rights, title, interest or name of any party in or over such land along with details.
15. the time period within which he undertakes to complete the project or phase. That seventy per cent. of the amounts realised for the real estate project from the allottees, from time to time, shall be deposited in a separate account to be maintained in a scheduled bank to cover the cost of construction and the land cost and shall be used only for that purpose.
16. He shall take all pending approvals on time from competent authorities.
17. That he has furnished such other documents as may be prescribed.

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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