Real Estate agent Renewal in
tamilnadu

Starts at Rs. 5000 /-

(Takes 15 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 the Promoter

  • Aadhar Card of the Promoter

  • Photograph of the Promoter

  • Income Tax Return for last three years

  • Registration Proof (COI in case of Company)

RERA Government Fees

Particulars Govt. Fees(in Rs.)
RERA Registration Govt Fees for Individual Rs 5,000
RERA Registration Govt Fees for other than Individual Rs 25,000

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: What is the status of the Act?

Ans: The Real Estate Bill was passed by the Rajya Sabha on 10th March, 2016 and the Lok Sabha on 15th March, 2016. The Bill as passed by the Parliament was assented to by the Hon�ble President on 25th March, 2016. The Act as assented to by the Hon�ble President was published in the Official Gazette on 26th March, 2016 for public information

Ques 2: When did the Act come into force?

Ans: Section 2, sections 20 to 39, sections 41 to 58, sections 71 to 78 and sections 81 to 92 were notified by the Central Government to come into effect from 1st May, 2016

Ques 3: Who is the ââ?¬Ë?appropriate Governmentââ?¬â?¢ as per the Act?

Ans: Section 2(g) of the Act defines ââ?¬Ë?appropriate Governmentââ?¬â?¢ to mean as follows: (i) for the Union territory without Legislature, the Central Government; (ii) for the Union territory of Puducherry, the Union territory Government; (iii) for the Union territory of Delhi, the Central Ministry of Urban Development; (iv) for the State, the State Government.

Acts & Rules in tamilnadu