πŸ—οΈ RERA Registration for Real Estate Projects and Agents: Everything You Need to Know

The Real Estate (Regulation and Development) Act, 2016, widely known as RERA, has redefined India’s real estate landscape. It was introduced to bring transparency, accountability, and fairness in a sector long plagued by delays, fraud, and buyer dissatisfaction.

If you are a builder, developer, or real estate agent, understanding your obligations under RERA β€” and the benefits of timely registration β€” is not just good practice, it’s the law.

This blog covers who needs to register, documents required, penalties for non-compliance, and the key benefits of RERA registration.

Who is Required to Register Under RERA?

RERA mandates registration for the following entities before launching or advertising a real estate project:

βœ… 1. Real Estate Developers / Promoters

  • Mandatory for projects exceeding 500 sq. meters.
  • Includes residential and commercial real estate developments.
  • Also applies to ongoing projects without a completion certificate.

βœ… 2. Real Estate Agents / Brokers

  • Anyone facilitating the sale or purchase of plots, apartments, or buildings must obtain RERA registration.
  • Applies to individuals, firms, companies, and institutions acting as agents.

πŸ•’ When to Apply for RERA Registration?

  • Before starting advertisement, booking, or selling any property unit.
  • Delays in registration can lead to project holds and heavy penalties.

πŸ“ƒ Documents Required for RERA Registration

For Developers:

  • PAN card of the company
  • Details of the project (location, layout, approvals)
  • Financial statements
  • Title deed & land ownership documents

For Agents:

  • PAN card & address proof
  • Business registration certificate (if applicable)
  • Photograph and contact details

βš–οΈ Penalties for Non-Compliance

OffensePenalty
Non-registration of projectUp to 10% of project cost
False information or violationUp to 5% of project cost
Continued non-complianceImprisonment up to 3 years or further fines
Unregistered agent operatingβ‚Ή10,000/day or up to 5% of transaction value

🎯 Benefits of RERA Registration

🏒 For Developers:

  • Legal Validity: Ensures all permissions and documents are in place
  • Higher Market Trust: Boosts buyer confidence
  • Transparent Marketing: Ability to legally advertise and sell
  • Faster Approvals: Easier access to bank funding and government permits
  • Dispute Resolution: Access to RERA tribunals and appellate bodies

πŸ§‘β€πŸ’Ό For Real Estate Agents:

  • Professional Recognition: Legal recognition increases trustworthiness
  • More Clients: Buyers and developers prefer RERA-registered agents
  • Avoid Legal Issues: Operate without risk of fines or penalties
  • Better Market Access: Can participate in large projects

🏠 For Homebuyers:

  • Project Transparency: View all project details, plans, and approvals online
  • Timely Delivery: Developers are legally bound to deliver on committed deadlines
  • Escrow Protection: 70% of collected funds must be used for construction only
  • Legal Remedies: Buyers can file complaints with RERA authority for any breach
  • Compensation: Entitled to refund + interest for project delays or default

Need Help With RERA Registration?

We offer end-to-end RERA compliance services:

  • Project & agent registration
  • Documentation & filings
  • Quarterly updates & extensions
  • Legal representation before RERA authorities