RERA certificate

RERA certificate | How to register | Registration services

RERA certificate is the license which is issued by the Real Estate Regulatory Authority to builders and agents. RERA registered certificate aims to protect the rights of home buyers and boost the investment in the real estate sector. Real Estate Regulation act has brought rapid changes in the real estate sector of the Indian economy. The main objective of this act is to bring transparency, reduce corruption and increase accountability in real estate sector.

According to the Real estate and regulatory authority act 2016 (RERA), every real estate project must be registered under this act to deal in real estate projects. After RERA registration real estate agent will be given a registration number by the authority which will be valid for 5 years. It is mandatory to get RERA registration certificate to advertise, market, book, sell or offer for sale, or invite persons to purchase in any plot, apartment or building. If any real estate agent fails to register under RERA act then they will be liable for the concerned charges. These are the following plots and apartments which are exempted from RERA registration requirements:

  • The area of land should not be more than 500 square meters.
  • It should not exceed 8 floors in a building.
  • Renovation or redevelopment of the land to be proposed for the development work.

Benefits of RERA Certificate

Credibility: RERA certificate provides credibility and authenticity to the builders and brokers which attracts new home buyers.

Preventing funds in the form of insolvency

Transparency in land projects

RERA brokers are also empowered to complain to authority regarding any matter.

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Documents required for RERA certificate

  • The Income tax return and balance sheet of the last 3 years.
  • Details of the land.
  • Builder must clarify about the apartment on which the home buyers would invest
  • PAN card of the builder
  • Declaration from the builder about the legal right over the land
  • Ownership documents Electricity/telephone bills

Procedure of RERA certificate

  • Fill form for RERA certificate
  • Document verification
  • Submit application form
  • Issue of RERA certificate registration

Frequently Asked Questions

  • RERA (Real State Regulatory Authority) Act, 2016 is an initiative taken by the Indian government to enhance the transparency of the real estate related transactions by establishing a systematic and regulatory environment, thereby safeguarding the consumer interest. According to the Real estate and regulatory authority act 2016 (RERA), every real estate project must be registered under this act to deal in real estate projects.

    • To enhance the transparency in the sale of real estate projects
    • To establish RERA (Real Estate Regulatory Authority
    • To protect the consumer interest in the real estate sector
    • To ensure the defined process and efficient handling of disputes

  • Real estate makes it necessary for all residential and commercial real estate projects where the land is over 500 square meters to register with the Real Estate Regulatory Authority (RERA).

  • These are the following plots and apartments which are exempted from RERA registration requirements:

    • The area of land should not be more than 500 square meters.
    • It should not exceed 8 floors in a building
    • Renovation or redevelopment of the land to be proposed for the development work.

    • The Income tax return and balance sheet of the last 3 years.
    • Details of the land
    • Builder must clarify about the apartment on which the home buyers would invest
    • PAN card of the builder
    • Declaration from the builder about the legal right over the land
    • Ownership documents Electricity/telephone bills

  • The validity period of RERA certificate registration is 5 years.

  • At first, the bill was passed to cover only residential projects. On further alteration, commercial projects including shops, offices, and buildings were also included.

  • The authority shall grant registration within 30 days to the applicant.