Rera Registration for builders

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Rera Registration

RERA Registration for builders represents for Real Estate Regulatory Authority which is an act of the Parliament of India trying to ensure home-buyers and assists to boost investments in the real estate business. It is intended to bring clarity and responsibility that would recapture the lost faith of the individuals in the real estate business. Through RERA registration for builders, the real estate Act, 2016 built up it in each state for regulation of the real estate sector and also acts an adjudicating body for quick dispute redressal. This Act came into existence on 1st May 2016 with 59 of 92 sections notified.  Within the period of 6 months, the central and state governments are legally responsible for notifying the rules under the Act.

Benefit for Rera Registration for builders

  • Protecting the interest of allottees and ensure responsibility.

  • Ensuring fair-play, maintain transparency and decrease frauds as well as delays.

  • Towards introducing professionalism as well as pan India standardization.

  • Towards establishing informational symmetry amid the promoter and allottee.

  • Imposing accountability on both promoter and allottees.

  • Enforcing contracts by establishing a regulatory oversight mechanism.

  • Developing investor confidence by promoting good governance in the sector.

Related Section With The Latest Amendment On Rera Registration For Builders

It was instituted by the Parliament in May 2016 and the Act has come into power with all its 92 sections from 1st May 2017 all over India. Up until this point, 14 states and union territories, have notified their standards with RERA and the others are relied upon to take action accordingly.

Legal remedies

In case of non-registration of the real estate project, as per Section 59 imposes a punishment of up to 10% of the estimated project cost and in case of continued default, an additional fine up to 10% of the estimated project cost or imprisonment up to 3 years or both.

Penalties and Punishments under RERA Registration for builders

On Promoters/Builders

  • Non-registration of a project- 10% of the estimated cost of real estate project.

  • Violation of law - Imprisonment for up to 3 years with or without fine for 10% of the estimated cost of the project.

  • Providing false information - 5% of the estimated cost of the project.

  • Other contraventions - 5% of the estimated cost of the project.

Document Required for Registration

The documents required to be submitted are:

  • PAN Card of the builder.

  • ITR of the last 3 years and the balance sheet of the builder.

  • The builder must mention about the apartment (carpet area, number of floors, parking space).

  • Declaration of the title of the land with proof.

  • Details of the land (rights, title, mortgage).

  • In the case land is not owned, the consent letter of the actual owner with documents will be required.

  • Details of the project like location, sanctioned plan, layout plan.

  • Ownership documents like proforma of allotment letter, agreement of sale.

  • Information of the persons involved like Architects, Engineers, and others.

Registration Process

Application for registration should be approved or rejected within a period of 60 days from the date of application by the RERA.  RERA Registration for Builders would expire on the date mentioned in the form as completion of the project.

We at eStartIndia provide meticulous assistance to the clients incorrectly filing the Rera Registration for builders as per the rules.

eStartIndia is the professional tech-based online and legal services which help the clients to simplify the procedures of filing the Rera Registration for builders, implementation, tax concerns and any additional legal compliances and services related to the business in India.

Get a free Consultation service for any registration with Our Top skilled Experts.


What is RERA?

RERA stands for Real Estate Regulatory Authority.

What is the real Estate (Regulation and Development) Act, ?

This act was passed to promote transparency and uniformity in transactions between Builders/Agents and Customers. This Act came in the wake of illegal practices/fraud being employed by Real estate agents against home buyers. The main goal is to promote the interest of consumers and investors or home buyers who invest in the real estate sector. This act was passed by Rajya Sabha on 10th March 2016 and by Lok Sabha on 15th March 2016.

Is RERA applicable to all India states?

RERA is applicable to all Indian states excluding Jammu & Kashmir.

Whether the Act is applicable to both residential as well as commercial projects?

RERA covers all type of projects whether residential or commercial including shops, buildings, and offices.

 Is RERA also applicable on ongoing projects or only to the upcoming projects?

RERA is applicable to those ongoing objects which have not received a completion certificate. They were required to register within 3 months of the implementation of this act.

 Is it mandatory to register all the complexes by the builders?

Yes, RERA registration for builders is mandatory otherwise they won't be able to sell it.

 What will be the validity of RERA registration for builders?

It is valid until the period of project completion.

What will happen if the builder fails to deliver in the prescribed period?

They have to adhere to the timelines otherwise they would have to bear fine penalties.

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