Rera
Act
Maharashtra
Karnataka
Telangana
Andhra Pradesh
Uttar PradeshReal Estate agent Registration in
dadra and nagar haveli
Starts at Rs. 4000 /-
(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
Registration proof (Partnership Deed or COI in case of Company)
Business Pan card (in case of partnership & company)
Particulars of registration including the bye-laws, memorandum of association, articles of association etc
The authenticated copy of the address proof of the place of business.
RERA Government Fees
| Particulars | Govt. Fees(in Rs.) |
|---|---|
| RERA Registration for Individual | 10,000 |
| 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: Is the promoter required to get his accounts audited?
Ans: As per section 4(2)(l)(D) third proviso, the promoter is required to get his accounts audited within six months after the end of every financial year by a chartered accountant in practice, and shall produce a statement of accounts duly certified and signed by such chartered accountant and it shall be verified during the audit that the amounts collected for a particular project have been utilized for the project and the withdrawal has been in compliance with the proportion to the percentage of completion of the project.
Ques 2: Can the period of registration granted to a real estate project by the Regulatory Authority be extended? What is the definition of force majeure?
Ans: Section 6 envisages two situations within which the registration granted to a project can be extended. Extension of registration can be granted in case of force majeure, in addition, it can also be granted under reasonable circumstances, without the fault of the promoter, which shall not be more than a maximum period of 1 year. Explanation to section 6 has defined force majeure to mean ââ¬Ëa case of war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate projectââ¬â¢.
Acts & Rules in dadra and nagar haveli
| The Real Estate (Regulation & Development) Act, 2016 | Download PDF |
| The Real Estate (Regulation & Development) Rules, 2017 | Download PDF |
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