Real Estate project Registration in
maharashtra

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 Card

  • Agreement for Sale

  • Allotment letter

  • Approved Layout Plan

  • Declaration Form-B

  • 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 MAHARASHTRA MINIMUM FEES CHARGE BY THE AUTHORITY IS RS. 10,885/- 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: 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.

Ques 2: Can the registration of a project be revoked?

Ans: As per section 7 the Authority has the powers to revoke registration of a project, for violations specified under the said section. However, revocation of registration of a project is envisaged as a last resort and can only be done after providing a reasonable opportunity of being heard.

Ques 3: Does the Act also cover real estate agents? What are the duties and responsibilities of the real estate agents?

Ans: Section 9 of the Act provides that real estate agents which engage in selling projects registered under the Act, can only do so after registering themselves with the Authority. The mechanisms for registration, the fees payable, the period of registration, subsequent renewal etc. are matters to be detailed vide the Rules. Section 10 of the Act provides for detailed functions and duties of real estate agents.

Acts & Rules in maharashtra

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

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