وبلاگ خانه تبدیل شباهنگ مرکز تخصصی تبدیل صدا و تصویر
When filling out the registration form, certain documents are required. You can see a list of the required documents mentioned below Project developers and real estate agents can register their real estate projects with the Department of the Maharashtra Real Estate Regulatory Authority. Therefore, they must submit an application for the same to the respective authority with the necessary documents. In this learning section, we will discuss in detail the RERA registration in Maharashtra. The reservation amount of 10% only has to be paid after the registration of the purchase contract. Disclaimer: The documents provided herein are provided for informational purposes only. There is no relationship between the attorney and the client when you access or use the Site or the Materials. The information presented on this website does not constitute legal or professional advice and should not be used for such purposes or used as a substitute for legal advice provided by a licensed attorney in your state. If the applicant applies for RERA registration in Maharashtra as a real estate agent, the person must submit the following documents: According to the RERA Act 2016, only one registered RERA agent can operate in the real estate market, i.e. only registered agents can facilitate the sale and purchase of properties registered in accordance with Section 3 of the Act. iv. Includes real estate brokers, brokers, intermediaries under any name.
In order to achieve fair practices in the treatment of real estate projects or land sales or real estate sales, RERA`s rules and regulations have required some compliance for agents to direct transactions in real estate projects or land sales or real estate sales. According to the RERA law, no real estate agent can sell or buy land, apartment or building without obtaining a registration under this article. The following organizations must be required to obtain an RERA registration: the proponent may only announce its projects under reRA after receiving the required registration, and the registration number must also be displayed in the advertisement. Registration of real estate agents is mandatory because the Real Estate Regulatory Authority Act (RERA) states that “no real estate agent may facilitate the sale or purchase of a person or on behalf of a person to facilitate the sale or purchase of land, apartments or immovables in a real estate project or any part thereof. without registration under this section”. It is therefore very clear that if a person plans to start their profession as a real estate agent or mediator, it is mandatory to register under RERA. And no real estate agent is allowed to buy or sell any of the properties or land without obtaining the RERA registration number. The RERA registration fee in Maharashtra for real estate projects is at least Rs. 50,000 or Rs. 10 per square meter.
However, the maximum fee is only Rs. 10,00,000. Note: Real estate agents who deal with the sale and purchase of real estate can obtain the RERA registration, which remains valid throughout the state. Upon receipt of the registration request, the organizer will receive a registration number, login ID and password. The login ID and password can be used by the proponent to update the project status on the RERA website. Registration fees under reRA vary from state to state. Fees for project proponents depend on the project area up to a maximum limit. Agent fees depend on the type of entity. The RERA registration is valid for the period during which the promoter undertakes to carry out the project specified by him. The same can be extended in the event of a natural disaster such as flood, fire, war, etc. These extensions are valid for a period of one year. For RERA registration in Maharashtra, developers or builders must first submit the following documents: The applicant or company applying for RERA registration must pay a fee for agent registration and project registration.
In fact, the RERA registration fee depends entirely on the state and may differ from each state as each state has its own RERA rules and regulations. You will have to pay the fee after submitting your form and this can be done online. Real estate agents can apply for either a new registration or an extension of the registration. The fee for both is as follows: The acronym RERA stands for Real Estate Regulatory Authority (“RERA”), which was established under the Real Estate (Regulation and Development) Act (“Act”). This law was introduced in 2016 to solve the problems that exist in the real estate sector. The law is implemented at the state level, and government agencies are responsible for the following: Registration fees are different for another entity applying for RERA registration in Maharashtra. Here we have presented the fees for each of them: if the developer is a company such as a company, partnership, company or company, the following additional documents are required with regard to the promoting company: All developers, builders and real estate agents who wish to sell, market, advertise, advertise, buy or book real estate projects must first register with RERA. Such a type of record is called a RERA record. If a real estate agent does not register under the RERA law, this will result in a fine of Rs. 10,000/- per day during the period of late payment. And in case of violation, there are provisions for the removal of THE RERA registration and detention. Browse our articles on the services offered at Swarit Advisors and let us know if we can help you with your business registration or your tax return or trademark registration.
Registration under the RERA is mandatory for any builder who wishes to develop a residential or commercial property on land of more than 500 m². meters or the number of apartments offered in all phases is more than 8. It aims to protect the interests of home buyers and increase investment in properties. The Real Estate Act requires all residential and commercial builders to register under the RERA in order to create transparency in marketing and enforcement. And if a real estate agent doesn`t receive the RERA registration, they can have legal problems. Therefore, registration as a real estate agent is mandatory. The proponent must provide complete and accurate details of the project, such as. B the time of completion, amenities provided and other relevant details or projects that cannot be changed later.
Under the RERA Act of 2016, the Government of Maharashtra established the Authority for the Promotion and Regulation of the Real Estate Sector in the state concerned in 2017. The authority is known as the Maharashtra Real Estate Regulatory Authority (MahaRERA). According to the law, any developer who wishes to market, sell, promote, book or buy real estate projects in Maharashtra must first obtain reRA registration in Maharashtra. The fee for the withdrawal of the application for registration of a real estate project is to the extent specified in the regulations issued by the authority. The biggest flaw in the real estate sector has been the false promises of project developers about the completion and delivery of projects, which has led to great financial concerns and mistrust among buyers. When project proponents register under the CARR, they must indicate the expected date of completion of the project, otherwise the proponent faces huge penalties. RERA registration is a state registration process and therefore varies from state to state. The process is online and can be requested on the official website of the state where registration is requested.
Project developers and real estate agents must submit the relevant documentation along with the application for registration to the regulatory authority of their respective states. Some documents are common to the registration process in all states. They are as follows: Documents required for organizer registration: Definition and overview of e-commerce E-commerce, which is simplified as e-commerce is the purchase and. Real estate agents are the heart of the real estate industry. It is the intermediaries who facilitate transactions between builders and buyers. Real estate agents receive a registration number from the authority, valid for 5 years and indicated in each transaction negotiated by it. Real estate agents who wish to obtain a RERA registration must apply in Form G with the following documents: Upon receipt of the RERA license for real estate agents, the validity of this license is for a period of 5 years. In case of violation of the law, the regulatory authority of the RERA has the power to cancel the registration of the RERA agent at any time.
The following documents refer to the previous experience of the project if one of the promoting companies is to be submitted with the registration: The RERA registration creates transparency in these contracts and benefits all parties to the transaction. It also leads to accountability by reducing the likelihood of delays in real estate contracts. .
