Real Estate agent Registration in
telangana

Starts at Rs. 5000 /-

(Takes 5-6 days 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

  • Aadhar Card

  • Photograph

  • Income Tax Returns for last three financial years

  • Self attested letterhead along with rubber stamp on it

  • Acknowledgment receipt

RERA Government Fees

Particulars Govt. Fees(in Rs.)
RERA Registration Govt Fees for Individual 10,000
RERA Registration Govt Fees 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 objects and reasons for which the Real Estate (Regulation and Development) Act 2016 has been framed ?

Ans: The Real Estate Act is intended to achieve the following objectives: 1. Ensure accountability towards allottees and protect their interest; 2. Infuse transparency, ensure fair-play and reduce frauds & delays; 3. Introduce professionalism and pan India standardization; 4. Establish symmetry of information between the promoter and allottee; 5. Imposing certain responsibilities on both promoter and allottees; 6. Establish regulatory oversight mechanism to enforce contracts; 7. Establish fast- track dispute resolution mechanism; 8. Promote good governance in the sector which in turn would create investor confidence.

Ques 2: Which projects comes under the purview of RERA?

Ans: All the real estate projects for which Building permissions were approved on or after 01-01-2017 by the Competent Authorities viz., UDAs / DTCP / Municipal Corporations / Municipalities / Nagar Panchayats / TSIIC as the case may be comes under the purview of RERA Act & Rules except the projects where: 1. Area of land proposed to be developed does not exceed five hundred square meters 2. Number of apartments proposed to be developed does not exceed eight inclusive of all phases 3. Renovation or repair or re-development which does not involve marketing, advertising selling or new allotment of any apartment, plot or building, as the case may be, under the real estate project

Ques 3: Whether public bodies such as Development Authorities and Housing Boards the definition of promoter

Ans: Yes. The Act covers all private and public bodies 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 4: 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. The Act doesn’t include rental projects, lease / leave and License deals.

Acts & Rules in telangana

Real Estate Regulation And Development Act, 2016 Download PDF
Real Estate-Regulation and Development-Rules-2017 Download PDF

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