What is RERA Registration?

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RERA registration is compulsory for every real estate project and the person associated with real estate matter. The Real Estate (Regulation and Development) Act 2016 or RERA Act came into force on 1st May 2016. This Act proposed to establish the Real Estate Regulatory Authority in every state of India. The purpose of such an establishment is to regulate the real estate sector. The primary aim of the Real Estate Regulatory Authority is to promote the real estate sector and to solve all Real Estate Disputes. Real Estate Regulatory Authority recommends the Government with regard to developments and promotions of the real estate sector.

Functions of RERA 

As per provision of the The Real Estate (Regulation and Development) Act 2016, RERA is entrusted with various functions such as :

• RERA is entrusted with regulation and registration of real estate projects and real estate agents.
• RERA is required to publish and maintain records of all registered real estate projects.
• RERA must maintain a database of all registered real estate agents.
• RERA requires to fix appropriate regulations for each area falls under its
• RERA monitors compliance of the obligations cast upon the promoters, allottees, and real estate agents.
• Last but not least, RERA authority makes recommendations to the appropriate government for the purpose of growth and promotion of a healthy, competitive real-estate sector.

Applicability of RERA Registration

The RERA Registration is applicable to:

1. Promoters
2. Real estate Projects
3. Real estate agents

However, in this blog, we will focus on RERA registration for Real estate Projects

Source: RERA Registration for Real Estate Projects