Why RERA Is Required

RERA was introduced to solve long-standing issues in the Indian real estate sector. Here are the main reasons why the Act is essential:

1. Protection of Homebuyers

RERA ensures that buyers receive accurate project information, timely possession, fair agreements, and full accountability from developers.

2. Transparency in Real Estate Transactions

RERA mandates that developers disclose all project-related information such as:

• Project layout plan
• Project status
• Approvals
• Land title details
• Promoter information
• Expected completion date

All this data is made available on the respective State RERA website, giving buyers full visibility.

3. Mandatory Registration of Projects

All real estate projects that meet the following criteria must be registered under RERA:

• Land area of more than 500 sq. meters, OR
• Eight or more apartments
• Projects without an Occupancy Certificate (OC) or Completion Certificate (CC)
• Failure to register leads to heavy penalties for developers.

4. Financial Discipline Through Escrow Account

Developers must deposit 70% of project funds into a separate escrow account.
This ensures:

• Money is used ONLY for that project
• No diversion of funds
• Faster completion

5. Clearly Defined Carpet Area

RERA introduced a uniform definition of carpet area, preventing manipulation or inflation of property size.

6. Penalties for Delayed Possession

If a developer delays possession, they are liable to pay interest and compensation to homebuyers.

What Is RERA Project Registration?

RERA project registration is a mandatory requirement for all eligible real estate projects—both residential and commercial—before they are launched or marketed.

Key Points of RERA Project Registration

• Applies to projects over 500 sq. m or 8 units
• Mandatory before advertising, selling, or booking
• Promoters must apply to their State RERA Authority
• Even ongoing projects without a Completion Certificate must be registered
• Non-registration results in fines and restrictions on selling the project

After registration, the project receives a unique RERA registration number, which must be displayed on every advertisement, brochure, and property listing.

Online RERA Registration

The entire process can be completed online through the respective State RERA portal. Developers must submit all required documents, pay registration fees, and update project progress regularly.

What Is Included in Our RERA Registration Package?

We offer a complete end-to-end RERA registration service, including:

✔ Discussion and Advice About the Project

Expert consultation on RERA compliance, eligibility, and documentation.

✔ Project Registration

Complete handling of your RERA application and coordination with authorities.

✔ Documentation Support

Verification and preparation of all required documents.

✔ Webpage Management

Creation and maintenance of your RERA-compliant project webpage.

✔ Authority Clarifications Handling

We respond to all queries, objections, or clarifications raised by RERA.

✔ Regular Updates

Continuous project updates on the RERA portal as mandated.

RERA Registration Process

Here’s a step-by-step overview of the typical RERA registration process:

1. Project Evaluation & Eligibility Check
2. Document Preparation & Verification
3. Filing the Application on the RERA Portal
4. Payment of Registration Fees
5. Authority Review & Clarifications
6. Approval & Issuance of RERA Registration Number
7. Regular Project Progress Updates

Benefits of RERA

RERA provides long-term benefits to buyers, developers, and the entire real estate ecosystem.

1. Accountability

Developers must follow strict rules, ensuring fair practices.

2. Increased Buyer Confidence

With verified project details and financial transparency, customers feel more secure.

3. Enhanced Professionalism

Builders and agents operate more systematically under defined regulations.

4. Standardization of Practices

RERA standardizes contracts, carpet area definitions, and disclosure norms.

5. Boost in Investments

A regulated and transparent market encourages both domestic and foreign investment.

6. Consumer Forums

Dedicated grievance redressal mechanisms ensure timely resolution of disputes.

7. Reduction in Litigation

Clear rules and mandatory disclosures reduce legal conflicts.

8. Transparency Across the Sector

Buyers can track project progress, approvals, and updates in real-time.

9. Timely Delivery of Projects

The escrow system and penalties ensure faster completion and possession.

Final Words

RERA has transformed India’s real estate sector by building trust, ensuring transparency, and protecting homebuyers. For developers, RERA registration is not just a legal obligation—it is a powerful tool to build credibility and attract serious buyers and investors.

If you need help with Project RERA Registration, our expert team is ready to guide you through every step.