Rera
Act
Maharashtra
Karnataka
Telangana
Andhra Pradesh
Delhi
Uttar Pradesh
Haryana
Gujarat
BiharReal Estate agent Registration in
rajasthan
Starts at Rs. 3000 /-
(Takes 5-7 days 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
Registration proof (Partnership Deed or COI in case of Company)
Authenticated copy of the address proof of the place of business
Income tax return for Last 3 financial years
Particulars of registration including the bye-laws, memorandum of association, articles of association
RERA Government Fees
| Particulars | Govt. Fees(in Rs.) |
|---|---|
| RERA Registration for Individuals | 25,000 |
| RERA Registration for other than Individuals | 2,50,000 |
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: On what basis is the promoter required to withdraw the money from the separate account?
Ans: As per section 4(2)(l)(D) first and second proviso, the promoter is required to withdraw the amounts from the separate account, to cover the cost of the project, in proportion to the percentage of completion of the project. In addition, the promoter is permitted to withdraw from the separate account after it is certified by an engineer, an architect and a chartered accountant in practice that the withdrawal is in proportion to the percentage of completion of the project.
Ques 2: Can the registration of a project be revoked?
Ans: As per section 7 the Authority has the powers to revoke registration of a project, for violations specified under the said section. However, revocation of registration of a project is envisaged as a last resort and can only be done after providing a reasonable opportunity of being heard.
Ques 3: What is the promoterââ¬â¢s obligations regarding veracity of the advertisement or prospectus?
Ans: As per section 12 the promoter is responsible for the veracity of all information contained in the advertisement and the prospectus. In case of any loss sustained by any person due to false information contained therein, the promoter is liable to make good the loss sustained due to the same.
Acts & Rules in rajasthan
| The Real Estate(Regulation and Development) ACTS 2016 | Download PDF |
| The Real Estate (Regulation and Development) Rules 2017 | Download PDF |
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