RERA Registration | Legomark India
The Real Estate (Regulation and Development) Act, 2016 (RERA) is a government initiative to regulate the Indian real estate sector. It aims to bring transparency, accountability, and efficiency to real estate transactions while protecting homebuyers from fraudulent practices.
RERA registration is mandatory for real estate developers, builders, agents, and brokers involved in property sales and transactions. The Act applies to residential and commercial projects over 500 square meters or more than eight apartments.
Why is RERA Registration Important?
1. Legal Requirement
RERA mandates all real estate developers, brokers, and agents to register under the act. Non-compliance can result in severe penalties, fines, or even suspension of operations.
2. Transparency in Transactions
With RERA certification, developers and agents must disclose project details, completion timelines, and pricing structures, ensuring fair and transparent dealings for homebuyers.
3. Consumer Protection
RERA protects buyers by ensuring project completion within the promised timeline and providing a legal framework to resolve disputes efficiently.
4. Trust & Business Reputation
For real estate agents and brokers, RERA registration boosts credibility and builds trust with clients, making it easier to attract buyers and investors.
5. Compliance & Government Benefits
Having a valid RERA certificate ensures compliance with government norms and opens doors to various incentives and legal protections.
Who Needs RERA Registration?
1. Real Estate Developers & Builders
All builders and developers undertaking projects over 500 sq. meters or with more than 8 apartments must register their projects under RERA.
2. Real Estate Agents & Brokers
Individuals or businesses engaged in buying, selling, or renting properties must obtain an agent RERA registration to operate legally.
3. Real Estate Projects
Any new or ongoing residential and commercial projects must be RERA-registered before initiating sales or marketing.
4. Contractors & Architects
Professionals working with RERA-registered projects must also adhere to the Act’s compliance guidelines.
Benefits of RERA Registration
Increased Transparency: Mandatory disclosure of project details, pricing, and completion deadlines.
Customer Trust & Security: Buyers feel confident when dealing with RERA-certified agents and developers.
Clear Dispute Resolution: Legal protection for both homebuyers and real estate professionals under the RERA framework.
Regulated Pricing: Eliminates arbitrary price hikes and hidden charges.
Legal Compliance: Protects real estate businesses from penalties and fines.
Documents Required for RERA Registration
For Developers & Builders:
Business Incorporation Certificate (For Companies/LLPs)
Project Layout & Approvals
Land Ownership Documents
Environmental Clearance (if required)
Financial Statements & Bank Details
For Real Estate Agents & Brokers:
Business Registration Proof
PAN Card & Aadhar Card
Office Address Proof
Past Transaction Details (if applicable)
RERA Registration Process
Gather Required Documents – Ensure all legal and financial documents are ready.
Online Application Submission – Apply through your respective state RERA portal.
Document Verification – The RERA authority reviews your application.
Payment of Fees – Registration fees vary by state and business type.
Approval & RERA Certificate Issuance – Once approved, you receive your RERA certificate to start operations legally.
Why Choose LegoMark India for RERA Registration?
At LegoMark India, we simplify the agent RERA registration and broker RERA registration process to ensure a hassle-free experience. Our services include:
Expert Consultation: Step-by-step guidance on RERA compliance.- End-to-End Registration Support: From documentation to application filing.
- Quick & Affordable Service: Competitive pricing for brokers, agents, and developers.
- Ongoing Compliance Assistance: Support with RERA renewals and updates.
Get Your RERA Certificate Today!
Ensure your real estate business is compliant and operates legally under RERA. Contact LegoMark India today to register as a real estate agent, broker, or developer.
