RERA Project Registration
RERA (Real Estate Regulation and Development Act) project registration is mandatory for all real estate projects with an area of more than 500 square meters or eight or more apartments. The process of RERA project registration involves the following steps:
Visit the RERA website: The promoter or developer needs to visit the RERA website of the respective state where the project is being developed.
Fill in the application form: The promoter needs to fill in the application form with all the required details such as project location, size, type of apartments, land title, and other necessary details.
Upload documents: The promoter needs to upload all the necessary documents such as land documents, building plan, environmental clearance, etc.
Pay registration fees: The promoter needs to pay the required registration fees, which is a percentage of the project cost.
Obtain registration number: Once the application is verified and approved by the RERA authority, the promoter will be issued a registration number. This number must be mentioned in all the project-related advertisements and sales materials.
The documents required for RERA project registration may vary from state to state, but some of the common documents required are:
Title deed of land: A copy of the title deed of the land where the project is being developed.
Building plan: A copy of the building plan approved by the local authority.
Commencement certificate: A copy of the commencement certificate issued by the local authority.
Environmental clearance certificate: A copy of the environmental clearance certificate issued by the competent authority.
Details of the promoter: PAN card, address proof, and other necessary documents of the promoter.
Details of the project: Location, area, number of apartments, amenities, etc.
Project cost details: Details of the project cost, including the cost of land, construction, marketing, etc.