RERA
RERA Project/Developer Registration
RERA (Real Estate Regulatory Authority) project and developer registration is a crucial regulatory requirement in the real estate sector aimed at safeguarding the interests of homebuyers and promoting transparency and accountability in the industry. Under the Real Estate (Regulation and Development) Act, 2016, developers are mandated to register their real estate projects with the respective state RERA authority before advertising, selling, or marketing any residential or commercial units. The registration process entails providing detailed information about the project or developer, including project details, financial statements, land title, approvals, and timelines.
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RERA Agent registration
RERA (Real Estate Regulatory Authority) agent registration is a pivotal requirement in the real estate sector, aimed at ensuring professionalism, accountability, and transparency in property transactions. As per the Real Estate (Regulation and Development) Act, 2016, real estate agents or brokers are mandated to register with the respective state RERA authority before facilitating the sale or purchase of properties.
RERA Quarterly Updation
RERA (Real Estate Regulatory Authority) quarterly updation is a vital aspect of regulatory compliance in the real estate sector, aimed at ensuring transparency and accountability in property projects. Under the Real Estate (Regulation and Development) Act, 2016, developers and promoters of real estate projects are required to provide regular updates on the progress of their projects to the respective state RERA authority.
RERA Annual Audit/Submission
RERA (Real Estate Regulatory Authority) annual audit and submission is a critical aspect of regulatory compliance in the real estate sector, aimed at ensuring transparency and accountability in property projects. Under the Real Estate (Regulation and Development) Act, 2016, developers and promoters of real estate projects are required to conduct an annual audit of their project accounts and submit the audit report to the respective state RERA authority.
RERA Notice reply
Replying to a RERA (Real Estate Regulatory Authority) notice is a crucial step in the regulatory process for developers and promoters of real estate projects. When a developer receives a notice from RERA, it typically pertains to an inquiry, complaint, or discrepancy related to the project’s registration, progress, or compliance with regulatory requirements. Responding to a RERA notice involves carefully reviewing the contents of the notice, understanding the concerns raised by RERA, and providing a detailed and comprehensive response addressing each issue raised.
RERA FAQs
What is the penalty for operating as a real estate agent without RERA registration?
₹10,000 per day (for individuals)
₹1 lakh per day or 5% of project cost (for firms)
₹1 lakh per day or 5% of project cost (for firms)
Is RERA Annual Audit mandatory for agents & developers?
Yes! All RERA-registered agents & developers must submit an Annual Audit Report to MahaRERA.
What is RERA Agent Registration & who needs it in Pune, Pimpri Chinchwad & New Sangvi?
Mandatory for real estate agents/brokers operating in Maharashtra under Maharashtra RERA (MahaRERA).
Required for individual agents, firms, or companies facilitating property sales/purchases
Required for individual agents, firms, or companies facilitating property sales/purchases
What is the deadline for RERA Annual Audit submission?
30th September of every financial year.
Can a CA in Pune (New Sangvi/Pimpri Chinchwad) help with RERA Audit?
Yes! Many Chartered Accountants (CAs) & RERA consultants in Pune assist with:
Financial audits
Compliance reports
Submission on MahaRERA portal
Financial audits
Compliance reports
Submission on MahaRERA portal
What happens if I miss the RERA Annual Audit deadline?
Penalty up to 5% of project cost (for developers)
Suspension of RERA registration (for agents)
Suspension of RERA registration (for agents)
Where can I get RERA Agent Registration help in Pune?
Local CAs & Legal Advisors
Online RERA consultants
Online RERA consultants