Rera
Act
Maharashtra
Karnataka
Telangana
Andhra Pradesh
Uttar PradeshReal Estate Agent Registration in
Chandigarh
Starts at Rs. 2000 /-
(Takes 5-7 days)
Filing of Application for RERA Registration
Secure RERA Number and Certificate
Dedicated manager to process your RERA registration end to end
Completely Online– No need to visit office
Please note that Certificate of Competency is mandatory.
Register as an Agent
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 registration 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 Registration
Pan Card of real estate agent /partners/directors
Photograph of real estate agent /partners/Directors
Aadhar card of real estate agent /partners/Directors
Registration proof (Partnership Deed or COI in case of Company)
Business Pan card (in case of partnership & company)
Particulars of registration including the bye-laws, memorandum of association, articles of association
Address proof of the place of business
RERA Government Fees
| Particulars | Govt. Fees(in Rs.) |
|---|---|
| RERA Registration for Individual | 10,000 |
| RERA Registration for other than Individual | 50,000 |
Timeline for RERA Registration
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 Registration
Ques 1: What are the terms and conditions for extension of registration?
Ans: The terms and conditions, the application form and the fees payable for extension of registration shall be in the manner as prescribed by the Rules.
Ques 2: On what basis is the promoter required to withdraw the money from the separate account?
Ans: As per section 4(2)(l)(D) first and second proviso, the promoter is required to withdraw the amounts from the separate account, to cover the cost of the project, in proportion to the percentage of completion of the project. In addition, the promoter is permitted to withdraw from the separate account after it is certified by an engineer, an architect and a chartered accountant in practice that the withdrawal is in proportion to the percentage of completion of the project.
Acts & Rules in Chandigarh
| The Real Estate (Regulation & Development) Act, 2016 | Download PDF |
| The Real Estate (Regulation & Development) Rules, 2017 | Download PDF |
Contact us
We are here to answer any question. Reach out to us and we'll respond as soon as possible
Copyright © 2023 RERA Filing. All rights reserved.