Real Estate agent Registration in
madhya pradesh

Starts at Rs. 5000 /-

(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)

  • MOA/AOA (in case of company)

  • Business Pan card (in case of partnership & company)

RERA Government Fees

Particulars Govt. Fees(in Rs.)
RERA Registration Govt Fees for Individual 10,000
RERA Registration Govt Fees 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: What are the details to be furnished at the time of application for registration of real estate project with the Regulatory Authority

Ans: Section 4 of the Act provides for details / information and undertaking to be provided by the promoter to the Authority for registration of the project. The mechanism for registration i.e. the requisite forms to be filled, the fees to be paid etc. are to be determined by the Rules made by the appropriate Government.

Ques 3: 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.

Acts & Rules in madhya pradesh

The Real Estate (Regulation & Development) Act, 2016 Download PDF
The Real Estate (Regulation & Development) Rules, 2017 Download PDF

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