.png)
We provide one-stop solution for RERA Registration
Every Real Estate Agent engaged in property transactions or Developer/Promoter engaged in Real Estate Development, SRA or and REHAB projects or Redevelopment within India must acquire mandatory RERA Registration, as stipulated by the RERA Act.
Ensures Transparency
The main motive behind obtaining a RERA Registration for agents is to ensure full transparency in the real estate projects. It allows buyers or investors of real estate to get full information related to the builders.
Builder's Trustworthiness
The inclusion of RERA registration provides the agent with a means to guarantee the trustworthiness of the builder. Typically, buyers show a preference for engaging with builders who possess RERA registration.
Full Disclosure of Project Details
Agents with RERA possess comprehensive knowledge of crucial details like project plans, layouts, government approvals. This knowledge is invaluable in assisting clients with informed decision-making processes.
At MakeMyRERA , we will be readily available to provide you with guidance and support regarding RERA Registration for Agents, Real Estate Projects and Promoters and its compliance requirements.
We aim to ensure smooth functioning of your real estate business. We will assist you in planning efficiently and cost-effectively.
Our Team
CS URJA V SHAH
Practicing Company Secretary with experience of more than 10 years in Company Secretarial Affairs and experience of more than 5 years in Real Estate Registrations and Consultancy.
CA VISHAL B SHAH
Chartered Accountant and Entrepreneur with over a decadeās experience in failing & being successful. Consulting with multiple Businesses as a Part Time, Full Time and On Board CFO for companies in over 15 Sectors including Lifestyle & Fashion, Real Estate NBFCs, Leisure & Travel.
CS NISHI SHAH
Practicing Company Secretary with experience of more than 10 years in Company Secretarial Affairs and experience of more than 5 years in Real Estate Registrations and Consultancy.
All brokers will have to compulsorily registered with the concerned state-level regulatory authorities. Real estate agents will be given a registration number by the authority which will be valid for 5 years and will be renewed thereafter .
If any real estate fails to register , they will be liable for penalty.
Real estate agents are the heart of real estate industry . They are the mediators facilitating transactions between builder and buyer . With RERA, that will soon come into force, all brokers will have to be mandatorily registered with the concerned state-level regulatory authorities. Real estate agents will be given a registration number by the authority which will be valid for 5 years and will be quoted in every transaction facilitated by him.
ļ»æReal estate agents will also be penalized if they will falsely represent any information regarding project to buyers. Penalty will extend upto Rs 10,000 per day and maximum 5% of total project cost. Real estate agent is also required to keep books of accounts of the projects they are indulged in and are answerable for them.
Normally it takes 25-30 working days to get MAHARERA agent registration certificate.
Certificate once obtained shall be valid for 5 years which can be renewed after expiry. The fees for MAHARERA Agent renewal shall be same as registration.
The Government fees for MAHARERA Agent Registration is INR 10000/- + 590/- GST i.e INR 10,590/- only
RERA makes it mandatory for all commercial and residential real estate projects where the land is over 500 square meters or eight apartments will have to register with regulator before launching a project. Every promoter shall make an application to the authority for registration of real estate project. Projects that are ongoing on the date of commencement of this act and for which completion certificate have not been issued have to get registered with RERA. If real estate project fails to register a property, it will attract penalty.
The Real Estate (Regulation & Development) Act, 2016 aims to establish the Real Estate Regulatory Authority that would regulate and promote the real estate sector. The main aim of the Act is to protect the interest or buyers and promote timely delivery of properties or projects. All the projects either on land more than 500 sq. m or having at least eight apartments, including the one without completion or occupancy certificate must be registered. Developers have to post details like project plan, layout plan, approvals, land title status, details of promoters, contractors, architects, date of completion with the State RERA ā Customers can access this information from the RERA websites.
Developers have to put aside 70% of project funds in an escrow account linked to the project. Builder will be penalized if there is delay in project deliveries. The carpet area hasbeen clearly defined in the law.
Normally it takes 45-60 working days to get MAHARERA Project registration certificate.
Certificate once obtained shall be valid till the date of expiry. The project needs to be extended before the expiry period.
The Government fees for Project Registration anywhere in state of Maharashtra is INR 10/- per sq. metre or minimum of INR 10885/- only
The registration of project granted under Section 5 of the RERA Act, 2016 may be extended by the authority. Section 6 of the RERA Act, 2016 explains the provision of Extension of registration of a project. This section further clarifies that registration may be extended by the authority on an application made by the promoter due to force majeure, in such form and on payment of such fee as may be specified by specific state regulations made by the RERA Authority. The term force majeure shall mean a case of war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project. However, the Authority may in reasonable circumstances, without default on the part of the promoter, based on the facts of each case and for reasons to be recorded in writing, extend the registration granted to a project for such time as it considers necessary, which shall, in aggregate, not exceed a period of 1 year
The RERA Act, 2016 became effective from 1st May, 2016 with 69 sections notified out of 92 sections. RERA is introduced to protect buyerās interest, enhance professionalism and ensure transparency in the real estate sector. To infuse transparency into the system and have a Control Mechanism over the ongoing projects of the registered developers, the RERA Authority has come up with the Quarterly Compliance system. As per Section 4(2)(I)(D) of the RERA Act, 2016 a separate account has to be maintained in which 70% of the amount collected from the homebuyers shall be deposited which shall strictly be used by the developer in its project only. After submitting documents of quarterly compliance with the banks stating the % completion of work, this separate account amount can be withdrawn. Hence, this act as a tool of governance to verify the actions.
RERA Quarterly update is mandatory for all projects having RERA registration number
Central Registry of Securitisation Asset Reconstruction and Security Interest of India is a Government of India Company licensed under section 8 of the Companies Act, 2013 with Govt. of India having a shareholding of 51% by the Central Government and select Public Sector Banks and the National Housing Bank also being shareholders of the Company.
The object of the company is to maintain and operate a Registration System for the purpose of registration of transactions of securitisation, asset reconstruction of financial assets and creation of security interest over property, as contemplated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act).
Self-Regulatory Organisations (SROs) are organizations representing a particular segment of entities, who set and enforce rules and standards relating to the conduct of members in the SRO, establishing industry standards, developing and applying codes of professional ethics and ensuring consumer confidence. It can also bring consistency and accountability to India's real estate sector and discourage fraudulent practices.
Self - Regulatory Organization (SRO)- Promoter
- NAREDCO WEST FOUNDATION
- CREDAI-MCHI
- (Maharashtra Chamber of Housing Industry)
- CREDAl-Maharashtra
- Builders Association of India Maharashtra State
- Marathi Bandhkam Vyavsayik Association
- Brihanmumbai Developers Association
The RERA Certificate of a real estate agent is valid from 5-10 years, depending upon the state of RERA registration. After Expiry, the same needs to be renewed for another 5 years.
The renewal window opens after the expiry of the existing registration certificate. The RERA Agent Renewal can be done in the same name as RERA agent registration obtained earlier.
Our Services
AGENT REGISTRATION
Individual Registration
Other than Individual
Agent Registration with Consultancy
Agent Renewal
OTHER SERVICES
CA Certificate
CERSAI
SRO MEMBERSHIP
Change in Bank Account
Change in Project Name
PROJECT REGISTRATION
Project Registration
Project Quarterly Complaince
Project Extension
CONSULTANCY
The Consultant shall provide consulting services & assistance with respect to the updates, formats & documentation for RERA Agent & Project Registration or Extension
CA CERTIFICATE
New Project
Renewal of Project
Quarterly Compliance
Extension of Project
Annual Returns
Our Prices
RERA Agent Registration Fees
INR 2999/- onwards
1,999/- onwards
CA Certificate
INR 15,000/- onwards
10,000/- onwards
RERA Project Registration Fees
INR 34,999/- onwards
29,999/- onwards
RERA Consultation INR
4,999/- onwards
2,999/- onwards
Package Inclusions
Drafting Application
Regular Update
Documentation
RERA Consultation
Handling Scrutiny Errors
Certificate Generation
Benefits of RERA
Accountability
Standarization
Increased Confidence
Transparency
Timely delivery of projects
Credibility
Transforming Dreams into Reality
RERA AGENT REGISTRATION DOCUMENTS
- ID & Address proof of the potential agent.
- Contact Number, Mail ID and passport size photograph of the agent
- In case of a company, Certificate of Incorporation, PAN Card and MSME Certificate, etc.
- Registered Office address proof like Electricity bill, etc.
- ITR acn Copies of last 3 Years
RERA PROJECT REGISTRATION DOCUMENTS
- Project Details: name, address, location, promoter's registration certificate
- Organisation Details
- Project's estimated cost and financing details.
- Copies of all legal agreements related to the project
- Undertaking and Declarations
- Certificates from Professionals etc.
Hear from our
Clients
Our Happy Clients
Contact Us
MAKEMYRERA
Office no. 101-A, KEWAL TOWER, OPP. S.N.D.T COLLEGE, NEAR LIBERTY GARDEN, MALAD (WEST), Mumbai - 400064
Contact No: +91 8767217933
Mail id: contact@makemyrera.com