RERA Registration for Builders & Developers in Rajasthan

For Individual Promoters

• Photograph of the promoter
• PAN card of the promoter
• Aadhaar card of the promoter

For Companies

• Company registration certificate
• CIN (Corporate Identity Number)
• PAN and TAN of the company
• Brief details of the enterprise
• Photographs of all partners and directors

For Proprietorship Firms, Societies, Partnership Firms

• Company registration certificate
• PAN and CIN/TAN
• Photographs of all partners and directors

For Competent Authorities

• PAN, CIN, TAN
• Photographs of Housing Commissioner, CEO, and VC

For Local Authorities

• PAN and TAN
• Photograph of Municipal Commissioner/Executive Officer

Project-Specific Documents

• Brief details of the project
• Audited balance sheet for the preceding financial year
• Income Tax Returns of the last three years
• Legal title deed stating title of promoter to the land
• Details of encumbrances on the land
• Development plan and layout approval
• Project location details and land use certificate
• Construction timeline and financial details
• Allotment letter, sale agreement, and buyer details (if applicable)
• Registry document, sale deed, lease deed
• Extract of Khatauni
• Allotment letter issued by competent authority

What is RERA registration and why is it mandatory for builders?

RERA (Real Estate Regulatory Authority) registration is mandatory for all real estate projects exceeding 500 square meters or involving more than 8 apartments. It ensures transparency, protects homebuyers' interests, and makes builders accountable for project completion. Non-registration can lead to penalties up to 10% of project cost or imprisonment up to 3 years.

What is the validity period of RERA registration?

The RERA registration is valid for the period declared by the promoter for project completion. The validity period is mentioned in the registration certificate and must be adhered to for project completion.

Can RERA registration be extended?

Yes, RERA registration can be extended under certain circumstances such as force majeure events, natural calamities, or other genuine reasons. The promoter needs to apply for extension with proper justification and supporting documents before the expiry of the registration period.

What are the penalties for non-registration with RERA?

Non-registration with RERA can lead to severe penalties including: (1) Penalty up to 10% of the estimated project cost, (2) Continued non-compliance may result in imprisonment up to 3 years, (3) Additional fine of 10% of the project cost, or both imprisonment and fine. It is illegal to advertise, market, or sell any unregistered project.

What are the RERA registration fees for different project types?

RERA registration fees vary by project type: Group Housing - ₹5/sq.m (up to 1000 sq.m) or ₹10/sq.m (exceeding 1000 sq.m, max ₹5 lakh), Mixed Development - ₹10/sq.m (up to 1000 sq.m) or ₹15/sq.m (exceeding 1000 sq.m, max ₹10 lakh), Commercial Projects - ₹20/sq.m (up to 1000 sq.m) or ₹25/sq.m (exceeding 1000 sq.m, max ₹10 lakh), Plotted Development - ₹5/sq.m (max ₹2 lakh).

How long does the RERA registration process take?

The RERA registration process typically takes 30 days from the date of submitting a complete online application. However, the timeline may vary based on document verification, completeness of application, and RERA authority processing time. With expert assistance, the process can be expedited.

What happens if project details change after RERA registration?

Any material changes to the project after RERA registration must be informed to the RERA authority. This includes changes in project layout, number of units, project timeline, or any other significant modifications. The promoter needs to submit an application for modification with supporting documents and pay applicable fees.

Is it mandatory to open a separate escrow account for RERA projects?

Yes, it is mandatory to open a separate escrow account for each RERA registered project. At least 70% of the amount received from allottees must be deposited in this escrow account and can only be used for land cost and construction cost of that specific project. This protects homebuyers' funds.

Can a builder sell units before RERA registration?

No, it is illegal to advertise, market, book, sell, or offer for sale any unit in a real estate project without obtaining RERA registration. Any sale agreement entered into without RERA registration is void and can lead to severe penalties and legal consequences.

What is the difference between authorized capital and project cost for RERA registration?

Authorized capital refers to the maximum capital a company can raise, while project cost is the total estimated cost of the real estate project including land cost, construction cost, development charges, and other expenses. RERA registration fees are calculated based on the project area (square meters), not the project cost.