Rera
Act
Maharashtra
Karnataka
Telangana
Andhra Pradesh
Uttar PradeshReal Estate Project Registration in
Chandigarh
Starts at Rs. 30000 /-
(Takes 15-20 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 Project
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
Agreement of Sale
Allotment letter
Declaration Form-B
Approved Layout Plan
Pan card
and many more
RERA Government Fees
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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 was the need for a regulatory law for the real estate sector?
Ans: The real estate sector has grown in the recent years but has largely been unregulated from the perspective of consumer protection. Though, consumer protection laws are available, the recourse available therein are only curative, but not preventive. This has affected the overall potential growth of the sector due to absence of professionalism and standardization.
Ques 2: Does the term allottee include secondary sales?
Ans: As per section 2(d) an allottee includes a person who acquires the said apartment / plot through transfer or sale, but does not include a person to whom such plot, apartment is given on rent.
Ques 3: What happens in case a term is used under the Act but has not been defined?
Ans: Section 2(zr) is an omnibus definition which provides that terms which have not been defined under the Act or the Rules and Regulations made thereunder, would have the same meaning as respectively assigned to them under the relevant Municipal laws or under any law for the time being in force.
Acts & Rules in Chandigarh
| The Real Estate ( Regulation & development) Act, 2016 | Download PDF |
| The Real Estate ( Regulation & development) Rules, 2017 | Download PDF |
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