In a move to streamline the processes for real estate agents, the regulatory authority has introduced new guidelines for the re-validation and renewal of registration certificates. These guidelines provide clarity on the duration of re-validation, the associated fees, and late application considerations.

• Real estate agents can now re-validate their registration certificates for up to five years from the date of initial registration. To initiate this process, the agent must submit an application one month before the current registration's expiration date. The application should be accompanied by the necessary proof of the extension of the lease for their business premises.
• In all other cases application for re-validation can be made with processing fee of Rs. 5000/- (Rupees Five Thousand only).
• The Authority may consider late applications made for revalidation before the expiry of validity of registration on payment of extra late fee of Rs. 1000/- (Rupees One Thousand only) in case of individual and Rs. 2000/- in all other cases.
• For renewal beyond five years, the application shall be made as per the provisions of the Act and Rules made thereunder.
• The Authority may consider late applications for renewal before the expiry of validity of registration on payment of late fee as below:

                Individuals:

1. 61 to 90 days prior to expiry of validity of registration- Rs. 1000/-
2. 31 to 60 days prior to expiry of validity of registration- Rs.2000/-
3. 16 to 30 days prior to expiry of validity of registration- Rs.5000/-

               Others than individual:

1. 61 to 90 days prior to expiry of validity of registration- Rs. 2000/-
2. 31 to 60 days prior to expiry of validity of registration- Rs.4000/-
3. 16 to 30 days prior to expiry of validity of registration- Rs.10000/-

• The real estate agents who fail to apply 15 days prior to the last date of validity of registration or revalidation, shall have to make fresh application in Form ‘G’ for fresh registration with requisite fee.