RERA Registration

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RERA Registration

The real estate sector plays a vital role in fulfilling the need and demand for housing and infrastructure development in the India. While this sector has grown rapidly in recent years, it has been largely unregulated, though in India there is state apartment act, with the absence of professionalism and standardization. The lack of adequate consumer protection mechanism resulted in exploitation and profiteering by unscrupulous builders. Thus, the Real Estate Act will protect the interest of buyers and also give much-needed impetus to the sector.

Benefits of RERA?

  • Accountabilit
  • Increased Confidence
  • Increase Professionalism
  • Standardization
  • Boost Investments
  • Consumer Forums
  • Reduction in Litigation
  • Transparency
  • Timely delivery of projects

Objective of RERA

  • Establishing a fast-track dispute resolution mechanism.
  • Ensuring accountability towards buyers and protect their interest.
  • Infusing transparency, ensure fair-play and reduce frauds & delays.
  • Ensuring the sale of real estate project, in an efficient and transparent manner.
  • Introducing professionalism and pan India standardization.
  • Establishing symmetry of information between the developer and buyer.
  • Imposing certain responsibilities on both developer and buyers.
  • Promoting good governance in the sector and create investor confidence.
Documents for RERA Registration for Agents in Maharashtra
  • Aadhar Card.
  • Pan Card.
  • Photo.
  • Mobile number and Email id.
  • Letter head of the broker.
  • Brokerage receipt.
  • Income tax return Acknowledgment of last 3 years. If not available self certified declaration.