An Overview of RERA Registration
RERA (Real Estate Regulation and Development Act, 2016) is a central legislation enacted
to regulate the real estate sector and enhance transparency, accountability, and
efficiency in property transactions.
Under RERA, all builders, developers, and real estate agents must register their
projects and businesses with the appropriate RERA authority before marketing or selling.
The Act aims to protect homebuyers and promote fair practices.
RERA ensures financial discipline, project completion on time, and consumer protection.
It mandates that 70% of project funds must be used solely for the respective project,
enhancing transparency and accountability.
Advantages of RERA Registration
Transparency: Developers must disclose project plans, approvals, and
timelines.
Buyer Protection: Safeguards buyers from project delays and false
commitments.
Financial Discipline: 70% of collected funds must be kept in a separate
escrow account.
Legal Support: Offers dispute resolution through dedicated RERA
authorities.
Credibility: Registered developers gain greater market trust and
visibility.
Mandatory Compliance: Required before any promotion, advertising, or
sales activities.
Boosts Buyer Confidence: Buyers are more likely to invest in
RERA-compliant projects.
Documents Required
For Promoters/Builders:
- PAN Card of the promoter or company
- Company Incorporation Certificate (if applicable)
- Title Deed of the land or development agreement
- Approved Layout Plans and Sanctioned Plans
- Project Timeline and Delivery Schedule
- Details of Project-Specific Bank Account
- Last 3 Years' Income Tax Returns
For Real Estate Agents:
- Identity Proof – Aadhaar, PAN, or Passport
- Address Proof – Utility bill or Aadhaar
- Business Registration Certificate
- Photographs and Business Details
RERA Registration & Compliance Process
Registration Process:
- Register through the respective State RERA
portal.
- Submit all project and promoter/agent
documents.
- Obtain RERA Registration Number for the
project or agency.
Compliance Requirements:
- Upload project status and updates
periodically.
- Maintain separate account for project
funds.
- File quarterly and annual reports as
required by authority.
Key Forms & Filings:
- Application Form for Project/Agent
Registration
- Quarterly Project Progress Report
- Annual Audited Financial Statement
Industries Benefiting from RERA:
- Residential Housing Projects
- Commercial Office Spaces
- Mixed-Use Real Estate Developments
- Real Estate Brokerage Agencies
- Joint Development & Redevelopment Projects
Requirements for RERA Registration
- Project size exceeds 500 sq. meters or 8 units
- Real estate agents marketing RERA-registered projects
- Proper documentation and title ownership proofs
- Separate bank account for each project
Fee Structure:
- Promoters: Fee depends on project size and state rules
- Agents: Fixed registration fee (varies by state)
Why Choose Subrudhi for RERA Registration
Subrudhi is your trusted partner for RERA registration and compliance. With deep domain
expertise, we assist real estate businesses in navigating the legal and procedural
aspects of RERA registration effortlessly.
Our team handles everything—from application filing to liaising with state RERA
authorities, managing document preparation, and ensuring timely updates for compliance.
We offer competitive pricing, transparent services, and a dedicated compliance manager
to support you post-registration with timely filings and updates.
Whether you're a builder, developer, or real estate agent, Subrudhi ensures smooth and
legally compliant RERA registration tailored to your operational requirements.
Frequently Asked Questions
Yes, any real estate project exceeding 500 sq. meters or 8 units must be
registered under RERA before promotion or sale.
No, all agents dealing in RERA-registered projects must register with the
state RERA authority.
The registration is valid for the project’s completion period as declared,
and can be extended under valid circumstances.
Heavy penalties, including imprisonment and fines up to 10% of the project
cost, can be imposed for non-compliance.
Yes, ongoing projects without a completion certificate before RERA came into
effect must register.
Yes, buyers can approach the state RERA authority for grievances related to
delays, misrepresentation, or non-compliance.