Rera
Act
Maharashtra
Karnataka
Telangana
Andhra Pradesh
Delhi
Uttar Pradesh
Haryana
Gujarat
BiharReal Estate agent Registration in
lakshadweep
Starts at Rs. 3000 /-
(Takes 5-7 days)
Filing of Application for RERA Registration
Secure RERA Number and Certificate
Dedicated manager to process your RERA registration end to end
Completely Online– No need to visit office
Please note that Certificate of Competency is mandatory.
Register as an agent
Overview
Real estate agents are the heart of real estate industry . They are the mediators facilitating transactions between builder and buyer . With RERA, that will soon come into force, all brokers will have to be mandatorily registered with the concerned state-level regulatory authorities. Real estate agents will be given a registration number by the authority which will be valid for 5 years and will be quoted in every transaction facilitated by him.
Real estate agents will also be penalized if they will falsely represent any information regarding project to buyers. Penalty will extend upto Rs 10,000 per day and maximum 5% of total project cost. Real estate agent is also required to keep books of accounts of the projects they are indulged in and are answerable for them.
Documents Required for Registration
Pan Card of real estate agent /partners
Aadhar card of real estate agent /partners
Photograph of real estate agent /partners/Directors
Business Pan card (in case of partnership & company)
Registration proof (Partnership Deed or COI in case of Company)
RERA Government Fees
| Particulars | Govt. Fees(in Rs.) |
|---|---|
| RERA Registration for Individual | 25,000 |
| RERA Registration for other than Individual | 50,000 |
Timeline for RERA Registration
As per the act, the RERA certificate will be issued in 30 days by the RERA department. However, in some cases, it may come earlier or with some delay.
FAQ's on RERA Registration
Ques 1: At what stage can a promoter start to advertise his project for sale?
Ans: The promoter can advertise his project for sale after the project has been registered with the Regulatory Authority as provided in section 3(1).
Ques 2: In how many days is the Regulatory Authority required to register the real estate project?
Ans: The Regulatory Authority is required to register the project, if in compliance with the Act and the Rules and Regulations, within 30 days of the application having been received by the Authority.
Ques 3: What is the period of validity of registration granted to a real estate project by the Regulatory Authority?
Ans: As per section 4, the validity of the registration granted to a project shall be the period declared by the promoter under section 4(2)(l)(C), at the time of making the application for registration, within which he would complete the project.
Acts & Rules in lakshadweep
| The Real Estate ( Regulation & development) Act, 2016 | Download PDF |
| The Real Estate ( Regulation & development) Rules, 2017 | Download PDF |
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