Real Estate agent Renewal in
goa

Starts at Rs. 6000 /-

(Takes 30 Days days)

  • Filing of Application for RERA Renewal

  • Secure RERA Number and Certificate

  • Dedicated manager to process your RERA Renewal end to end

  • Completely Online– No need to visit office

Want to renew your RERA Liscence ?

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 Renewal 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 Renewal

  • 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

RERA Government Fees

Particulars Govt. Fees(in Rs.)
RERA Registration Govt Fees for Individual 10,000
RERA Registration Govt Fees for other than Individual 1,00,000

Timeline for RERA Renewal

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 Renewal

Ques 1: Does the term allottee include secondary sales?

Ans: As per section 2(d) an allottee includes a person who acquires the said apartment / plot through transfer or sale, but does not include a person to whom such plot, apartment is given on rent.

Ques 2: Is open parking areas a part of common areas?

Ans: Section 2(n) defines common areas to include open parking areas, thus open parking areas cannot be sold to the allottees.

Ques 3: What is the definition of garage and can it be sold by the promoter independent of an apartment?

Ans: Section 2(y) defines the term garage, which can be sold to the allottee independent of the apartment.

Acts & Rules in goa