Updated on April 07, 2025 04:37:17 PM
If you plan to get into real estate, as a promoter, agent, or buyer, you must be well-informed about the Real Estate Regulator and Development Act, 2016 known as RERA. This Act formally came for the benefit of home buyers and brought transparency into the real estate sector.
In this article, we will guide you through everything you need to know about the RERA registration process, fees, and documents. This article will help you understand the RERA enrollment procedure efficiently, as a real estate developer or an agent. For any queries or details on commercial registration, contact Professional Utilities as we specialize in helping businesses with the RERA registration process.
All builders and real estate agents working on residential and commercial projects must complete RERA registration. All real estate projects over 500 square meters or with more than eight apartments should be registered with the respective state’s RERA authority under the RERA Act. It guarantees that property developers give buyers accurate project information and fulfill the promises they make.
RERA registration for real estate agents guarantees that only certified intermediaries work with the real estate agents eliminating the possibility of fraudulent practices.
The whole idea of the RERA Act itself is to ensure the execution of real estate transactions in a transparent and accountable manner. Once the developer or real estate agent completes the RERA registration, the buyer is assured that their investment is protected. Many states have made it easier to do RERA registration online which makes it easier for the developers as well as the agents.
A project cannot be marketed, sold, or booked without RERA registration. It also means that developers can be fined up to 10 % of the estimated project cost or be imprisoned for up to three years if they do not comply.
RERA registration is necessary for the real estate sector to ensure transparency and accountability. Thus, the following parties are required to get RERA registration:
Knowing the RERA registration procedure is essential for seamless and accurate participation. Here's a detailed explanation:
The RERA authority is different for every state, and for Andhra Pradesh, you need to complete the registration process through the Andhra Pradesh RERA Registration Portal. This portal is specifically designed for developers and agents operating in Andhra Pradesh to submit their project or agent registration details as required under the Andhra Pradesh Real Estate Regulatory Authority.
When applying, it’s important to select the right category (developer or agent). Developers must submit project details, while agents are required to provide their personal and business information. However, the RERA registration online portal is easy to access, but navigating the required sections can be a bit difficult if you don’t have prior knowledge.
You will be required to provide specific information during the RERA registration process, including:
After you fill out the application, you will have to pay the applicable RERA registration fees. Fees vary from state to state and by the size and nature of the project. On average, the RERA registration fees for developers will be somewhere between INR 10 per square meter to INR 500 per square meter based on the state and the project size.
Once the application has been submitted along with the required RERA registration fee, your documents will be verified by the RERA authority. When everything is alright, a unique registration number will be issued for your project or as an agent is given. It is a number compulsorily to be noted in all the promotional materials and reflects compliance with the law.
Once you get your registration, It shall prominently display the RERA registration number in any advertisements or promotional materials for the project. This is how it builds trust with buyers and shows that your project complies with the law.
There is a slight difference in the documents required for RERA registration between developers and agents. Further, it’s important to know what these documents are in advance. And it’s important to keep all documents updated and provide clear and accurate information. Any discrepancy can delay the RERA registration process. Herein follows a checklist in detail:
RERA registration fees differ from state to state and also depend on whether the applicant is a developer or real estate agent. Here's a the breakdown:
Note: Professional fee for RERA starts from ₹99,000. (The aforementioned fees are exclusive of GST).
RERA registration offers various benefits that enhance the real estate landscape for developers and agents. The following are the benefits available by obtaining RERA Registration:
Conclusion
If you are a promoter launching a project or an agent facilitating sales, RERA registration is a must. The RERA registration process is transparent and protects the developers as well as buyers from fraud or delays. If you are going to register, then make sure that you have all the documents required for RERA registration and also be aware of the RERA registration fees applicable in your state.
We at Professional Utilities, offer professional support to clients in the steps of RERA registration, compliance, and smooth operation. Be it a real estate developer, agent, or homebuyer looking for some counsel, we will cater to that need.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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It is mandatory to register with RERA by developers and real estate agents to ensure transparency and protect buyers interests.
The developers and agents who undertake projects greater than 500 square meters or have over eight units have to register.
The proof of land ownership, sanctioned drawings, and finance documents; agents demand PAN card, proof of address, and company documents.
It is unlawful to market or sell an unregistered project and can result in imprisonment or penalties
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