All you need to know about Agent registration in Chhattisgarh

All you need to know about Agent registration in Chhattisgarh
  • General
  • Friday 27th April 2018
  • Author: Riya Kapoor

Highlights

  • The government of India has enacted the Real Estate (Regulation and Development) Act 2016 and all the provisions of the Act have come into force with effect from May 1, 2017.

  • All Real Estate Agents shall have to register with CGRERA before facilitating any sale.

  • In case of Chhattisgarh, once an agent gets the certificate number, it will be valid for 5 years.

  • The application for registration will take place through online mode only.

The government of India has enacted the Real Estate (Regulation and Development) Act 2016 and all the provisions of the Act have come into force with effect from May 1, 2017. Owing to the new guidelines, every state is liable to establish Regulatory Authority (RERA) which will supervise all the activity of the Real Estate sector. To comply with these rules, the Chhattisgarh Real Estate (Regulation and Development) rules were notified on 26 April 2017. All Real Estate Agents shall have to register with Chhattisgarh RERA before facilitating any sale. Promoters while applying for registration to CGRERA will have to provide the names of registered Real Estate agents who would be facilitating the sale of apartments in the said project.

Registration fees for Agents:

In case of individual Real Estate agents of Chhattisgarh shall pay Rs. 10,000 as a registration fee and in case of other than individual they shall pay Rs. 50,000. The application for registration will take place through online mode only.

Registration number validation:

In case of Chhattisgarh, once an agent gets the certificate number, it will be valid for 5 years.

Registration Renewal:

An application which is made by the real estate agent in Form-J shall not be less than 3 months prior to the expiry of the registration granted.

Documents required for RERA registration of Agent:

1. Passport size photograph of agents/directors/partners.

2. Copy of Aadhar card of agents /directors/partners.

3. PAN card of the real estate agent in case of individual or PAN card of Firm.

4. Authenticated copy of the address proof of the place of business.

5. Particulars of the Registration including the bye-laws, memorandum of association, articles of association etc.

6. Income tax returns filed under the provisions of the Income Tax Act, 1961 for three financial years preceding the application or in case the applicant was exempted from filing returns.

7. In case of Partnership firm, partnership deed is mandatory to attach to the above-mentioned documents.

Jurisdiction:

RERA registration number will be valid for the entire Chhattisgarh state.

Obligations of an agent:

In case of the real estate agent, he shall provide assistance to enable the allottee and promoter to exercise their respective rights and fulfill their respective obligations at the time of booking and sale of any plot, apartment or building. He shall also maintain and preserve books of account, records, and documents in accordance with the provisions of the Income Tax Act, 1961.

Click here for hassle-free RERA registration of real estate projects and agents

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