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What is RERA Agent

RERA is an authority named as Real Estate Regulatory Authority and governed by The Real Estate (Regulation and Development) Act, 2016 to protect the interest of the consumers in the real estate sector.
RERA Agent is the person who deals with the consumers under the provisions of this Act.


Who may apply for it

1. Individual
2. Company
3.Proprietorship Firm
4.Partnership Firm
5.Limited Liability Partnership
6.Society


Why the registration is required

The provision of the Act says real estate agent shall not do the following activity without obtaining registration under this Act:
1. Real estate agent shall facilitate the sale or purchase of any plot, apartment or building in a real estate project or part of it.
2. Real estate agent shall not act on behalf of any person to facilitate the sale or purchase of any plot, apartment or building in a real estate project or part of it.


Benefit of Registration

1. RERA Certification provides authentication to the agents and attracts more potential buyers.
2. RERA registered agent empowered to complaint before authority for any matters.
3.It creates professionalism in the industry and promotes the people to join real estate sector.


Procedure

1. Fill an application for registration under RERA along with fee and documents to get registered with RERA.
2. You will receive a registration number from the regulator. This need to be mentioned in every property sale.


Documents Required

The Following documents are required for registration:

1. Self attested Copy of PAN Card
2. Self attested Copy of Aadhar Card
3. Passport Size Photograph
4. Cancel Cheque as to fill Bank detail
5. Valid Email Id
6. Valid Mobile No.
7. Office Address Proof ( Sale Deed, Conveyance Deed, Rent Agreement and, Electricity Bill along with NOC)
8. Occupation of the Proprietor
9. Details of Registration in any other state.
10. Demand Draft / Bankers Cheque for Government Fees in relation to Registration.

Commercials:

1. Government Fees of Rs. 25000/- in case of Individual and Rs. 250000 for others.
2. Professional fees for registration is Rs. 8999.
3. Misc. Expenses, Out of Pocket and reimbursement, if any, shall be on Actual Basis.


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