Ensure legal compliance and build trust with buyers. Complete RERA registration services for developers and agents.
The Real Estate (Regulation and Development) Act, known as RERA, was introduced to protect the interests of homebuyers and boost investments in the real estate sector. It ensures transparency, accountability, and timely delivery of projects.
Registration under RERA is mandatory for all real estate developers (for projects exceeding 500 sq. meters or 8 apartments) and real estate agents. Taxcrafted Solutions provides end-to-end support for obtaining RERA registration, filing quarterly updates, and ensuring ongoing compliance.
Simplified checklist for quick registration.
Simplified checklist for quick registration.
Our team comprises legal experts who understand the nuances of the RERA Act, ensuring your project or agency is fully compliant with state-specific rules.
We handle the entire documentation and filing process meticulously to prevent rejections and ensure quick issuance of your RERA registration number.
Common queries about RERA Registration for Projects & Agents.
Yes, any commercial or residential project where the land area exceeds 500 square meters or the number of apartments exceeds 8 (inclusive of all phases) must be registered with RERA before advertising or selling.
Yes, any individual or firm facilitating the sale or purchase of plots, apartments, or buildings in RERA-registered projects must obtain a Real Estate Agent License from RERA.
The RERA registration for Real Estate Agents is typically valid for 5 years. It can be renewed by submitting a renewal application along with the prescribed fee before expiry.
Promoters are required to deposit 70% of the amounts realized from the allottees into a separate bank account (Escrow Account). This money can only be used for construction and land costs, ensuring funds are not diverted.
If a promoter fails to register, the penalty can be up to 10% of the estimated project cost. Continued violation can lead to imprisonment for up to 3 years or further penalties.
Taxcrafted Solutions is a trusted tax consultant in Delhi. We offer GST, ITR, TDS, company registration & compliance services with expert CAs.
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