RERA Registration in India

Introduction

The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, came into force on 1st May 2017 with the objective of regulating and standardizing India’s real estate sector. The Act introduced a structured legal framework to oversee the functioning of builders and developers while also strengthening the rights and protection available to homebuyers.

According to the provisions of RERA, every builder and promoter is required to register their real estate projects before advertising, marketing, selling, or booking any property. This mandatory registration ensures that projects operate within the legal guidelines set by the authority.

RERA registration promotes transparency and accountability in transactions between buyers and sellers of plots, apartments, or buildings. It helps safeguard buyers’ interests, reduces project delays and unfair practices, and minimizes excessive costs involved in property transactions.

Key Features of RERA

The important highlights of the Real Estate (Regulation and Development) Act, 2016 are as follows:

Provides enhanced protection to first-time homebuyers for the money they invest.
Ensures stronger commitment from developers regarding timely delivery of possession.
Imposes strict penalties for fraudulent activities or misleading promises made by builders.
Encourages digitization and proper maintenance of project records to prevent data loss.
Offers faster dispute resolution mechanisms for grievances between buyers and developers.

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Minimum Requirements

Minimum Three Directors
Minimum Seven Members
No Minimum Capital Required
Maximum Fifteen Directors

One Director shall be Indian resident

Who Is Required to Apply for RERA Registration in India?

Registration under the Real Estate (Regulation and Development) Act, 2016 is mandatory for certain real estate agents, promoters, and projects based on specific conditions. The following categories are required to obtain RERA registration:

All real estate agents involved in the sale or purchase of commercial or residential properties, including plotted developments.
Any commercial or residential project that covers more than 500 square meters of land area or consists of more than eight apartments or units.
Local promoters undertaking small-scale real estate developments that meet the prescribed criteria.
Ongoing projects that have not yet received a Completion Certificate must apply for registration within three months of the Act coming into force.

RERA registration ensures that such projects and agents operate in compliance with regulatory standards and maintain transparency with buyers.

Documents Required for RERA Registration in India

While applying for registration under the Real Estate (Regulation and Development) Act, 2016, the applicant must submit the necessary supporting documents along with the application form. These documents generally include:

PAN Card of the builder or real estate agent.
Complete details of the apartments, including the total number of floors, carpet area measurements, parking facilities, and related specifications.
A formal declaration from the builder confirming legal ownership or authorized rights over the land, along with valid proof.
Audited balance sheets and Income Tax Returns (ITR) for the previous three financial years.
Comprehensive information about the property’s title, ownership rights, and any existing mortgage or encumbrances.
Key project documents such as the project location, approved building plan, and layout plan.
Relevant ownership documents, including the allotment letter and sale agreement.
Information about associated professionals involved in the project, such as engineers and architects.
If the builder is not the landowner, a consent letter from the actual owner along with supporting ownership documents.

Submitting accurate and complete documentation is essential to ensure smooth approval of the RERA registration application.

RERA Registration Procedure for Projects and Agents in India

Steps to Register a Real Estate Project under RERA, 2016 in India

Create User ID
The promoter starts by creating a user ID on the official RERA portal of the respective state where the project is located (e.g., https://rera.mahaonline.gov.in for Maharashtra, https://rera.rajasthan.gov.in for Rajasthan, etc.).
Profile Setup and Document Upload
The promoter completes their profile and uploads all project-related documents, including layouts, sanctioned plans, and other required certificates.
Submit Online Application & Pay Fees
The registration application is submitted online after paying the prescribed registration fee via the portal.
Receive Registration Number
As per Section 5 of the Real Estate (Regulation and Development) Act, 2016, the RERA authority issues a registration number within 30 days of receiving the complete application. The promoter is notified via email and SMS.
Submit Hard Copy
A printed copy of the online application along with all relevant documents must be submitted to the office of the RERA Registrar of the respective state.
Certificate of Registration
After verification, the RERA authority issues the certificate of registration to the promoter, legally recognizing the project under RERA.

Steps to Register a Real Estate Agent under RERA, 2016 in India

Create User ID
The agent begins by creating a user ID on the RERA portal of the respective state where they operate.
Upload Agent Details
After creating the profile, the agent uploads personal and professional details, including KYC documents and experience proof.
Online Application Submission with Fee
The registration application is submitted online along with the required fee through the portal.
Receive Registration Number
In accordance with Section 5 of RERA, the registration number is issued within 30 days of submission of the complete application. Notifications are sent via email and SMS.
Submit Hard Copy of Application
The agent submits a printed copy of the online application and supporting documents to the state RERA office.
Certificate of Registration
After verification of documents, the RERA authority issues the registration certificate to the agent, allowing them to legally operate as a registered real estate agent.

This procedure ensures that both promoters and agents in India comply with RERA, providing transparency, accountability, and protection to buyers across the country.

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RERA Registration Fees for Real Estate Agents in India

The charges for obtaining RERA registration vary depending on the state in which the agent operates. The general fee structure is as follows:

Individual or Proprietorship Firms: A registration fee of ₹10,000 is applicable.
Other Business Entities: Entities like Partnership Firms, LLPs, Private Limited Companies, One Person Companies, Societies, or Public Limited Companies are required to pay a registration fee of ₹50,000.

Note: The RERA registration fee must be paid at the time of application using digital payment methods such as NEFT, RTGS, or similar online transfer options.

This fee ensures the legal recognition of real estate agents under RERA, enabling them to operate transparently and gain credibility in the real estate market.

Validity of RERA Registration in India

Once granted, a RERA registration remains valid for the duration specified by the promoter for completing the real estate project, as mentioned in the affidavit submitted along with the application.

In certain situations, the validity can be extended, particularly in cases of force majeure events such as floods, earthquakes, cyclones, droughts, war, or any other natural disaster that hampers the normal progress of the project.

For other reasonable circumstances not covered under force majeure, the concerned authority may allow an extension of up to one additional year to complete the project.