Real Estate Regulation Act

The **Real Estate (Regulation and Development) Act** establishes a regulatory framework for real estate sector, ensuring transparency and protecting homebuyers' interests.

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Steps to Apply

1Register real estate project with RERA
2Submit required documentation
3Comply with RERA guidelines
4Update project status regularly
5Address buyer grievances

Eligibility

All real estate projects > 500 sq meters
Projects with more than 8 apartments
Real estate agents
Property buyers

Benefits

Transparent real estate transactions
Protection of buyer interests
Standardized project documentation
Timely project completion
Grievance redressal mechanism

Requirements

Project registration documents
Land title documents
Project plans and specifications
Financial details
Construction timeline

Frequently Asked Questions

Is RERA registration mandatory?

Yes, registration is mandatory for all real estate projects above 500 sq meters or with more than 8 apartments.

How can buyers verify RERA compliance?

Buyers can check project registration details on the RERA portal of their respective state.

Disclaimer

The information provided here is based on publicly available resources. We strive to keep it up to date, but it is always advisable to consult official documentation or contact the relevant authorities to verify the details before making any decisions or taking action.

We are not liable for any discrepancies, damages, or consequences that may arise from the use of this information. Additionally, we do not take responsibility for any SMSD (Short Message Service Delivery) issues or related concerns that may arise from our services.

More About This Scheme

RERA has brought significant reforms in the real estate sector by ensuring transparency, accountability, and protecting the interests of homebuyers.