Real Estate Agent Registration in
Odisha

Starts at Rs. 3000 /-

(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

  • Aadhaar card of real estate agent/partners/ Directors

  • Photograph of real estate agent/partners/ Directors

  • Registration proof (COi in case of company)

  • Business Pan card (in case of partnership & company)

RERA Government Fees

Particulars Govt. Fees(in Rs.)
RERA Registration for Individuals Rs. 10,000
RERA Registration for other than Individuals Rs. 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: Why have some sections of the Act not been notified yet?

Ans: Some sections of the Act have not been notified yet, as the institutional structures, namely the establishment of the Regulatory Authority and the Appellate Tribunal are necessary prior to their enforcement. For e.g. projects can only be sold after they are registered with the Authority, thus, in the absence of the same there would be a vacuum.

Ques 2: Does the definition of ‘promoter’ include public bodies such as Development Authorities and Housing Boards?

Ans: The Act covers all bodies (private and public) which develop real estate projects for sale to the general public. Section 2(zk) defines the term ‘promoter’ which includes both private and public real estate promoters. Thus, both Development Authorities and the Housing Boards, when involved in sale are covered under the Act.

Ques 3: Is ‘open parking areas’ a part of ‘common areas’?

Ans: Section 2(n) defines ‘common areas’ to include ‘open parking areas’, thus open parking areas cannot be sold to the allottees.

Acts & Rules in Odisha

The Real Estate ( Regulation & development) Act, 2016 Download PDF
The Real Estate ( Regulation & development) Rules, 2017 Download PDF

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