Real Estate Project Registration in
Goa

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

  • Pan car

  • Agreement for Sale

  • Approved Layout

  • Declaration In Form-B

  • Allotment letter

  • and many more..

RERA Government Fees

 

Particulars Govt. Fees(in Rs.)
RERA Registration fee for Residential, Commercial, Plotted or Misxed Use Development Rs. 10/sq. meter
Minimum Fees for Registration Rs. 10,885/-

                                 

IN GOA MINIMUM FEES CHARGE BY THE AUTHORITY IS RS. 50,000/- OR RS. 10/SQ. METER WHICHEVER IS HIGHER

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: At what stage can a promoter start to advertise his project for sale?

Ans: The promoter can advertise his project for sale after the project has been registered with the Regulatory Authority as provided in section 3(1).

Ques 2: In how many days is the Regulatory Authority required to register the real estate project?

Ans: The Regulatory Authority is required to register the project, if in compliance with the Act and the Rules and Regulations, within 30 days of the application having been received by the Authority.

Ques 3: Is the promoter required to get his accounts audited?

Ans: As per section 4(2)(l)(D) third proviso, the promoter is required to get his accounts audited within six months after the end of every financial year by a chartered accountant in practice, and shall produce a statement of accounts duly certified and signed by such chartered accountant and it shall be verified during the audit that the amounts collected for a particular project have been utilized for the project and the withdrawal has been in compliance with the proportion to the percentage of completion of the project.

Acts & Rules in Goa

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