FAQ’s
Find quick answers to the most common questions about RERA compliance, registration, and services
FAQ's
Everything You Need to Know
RERA (Real Estate Regulatory Authority) is a regulatory body established to ensure transparency, accountability, and efficiency in the real estate sector.
RERA consultation involves professional guidance and support to comply with the Real Estate (Regulation and Development) Act, 2016. It includes services like project registration, documentation, legal due diligence, and ongoing compliance to help developers, agents, or buyers navigate RERA regulations smoothly.
Any developer launching a residential or commercial project over 500 sq. meters or 8 units must register before advertising or selling.
You must apply before the current registration expires, ideally 2–3 months in advance.
It allows developers to correct minor errors or update details in a registered project (e.g., spelling mistakes, area figures, contact info).
They are mandatory documents issued by an architect, engineer, and CA to certify project progress and fund usage.
It's the mandatory submission of project progress reports every quarter on the RERA portal to keep buyers and the authority updated.
It is a financial audit of the project’s separate account, conducted by a chartered accountant to ensure that funds are used as per RERA rules.
It refers to the legal transfer of a registered project from the original promoter to another entity or developer, often due to sale, merger, or default.
In some states like Maharashtra (MahaRERA), a RERA Agent Certification Exam is mandatory before registration. Other states may follow soon.
The registration is usually valid for 5 years, after which it must be renewed to continue operating legally.
You should apply for renewal at least 60 days before your current registration expires to avoid penalties or lapses.
Any individual or firm involved in selling, marketing, or facilitating sales of RERA-registered real estate projects must register with the state RERA authority.
The RV Certificate is the industry’s first Project Compliance Certificate issued by RERA Vision. It serves as a due diligence report for homebuyers, ensuring that the real estate project they are considering complies with RERA guidelines and is a safe and informed investment.
It involves professional advice on structuring, funding, and evaluating real estate projects to attract the right investors and ensure financial viability.
Developers may face legal action from buyers or the RERA authority for issues like project delays, false advertising, non-registration, or fund mismanagement.
Yes. Any homebuyer can file a complaint with the RERA Authority or Adjudicating Officer for delays, false promises, construction defects, or possession issues.
Title verification ensures the seller has a clear, marketable, and dispute-free title, protecting you from future ownership or legal issues.
Project funding refers to raising capital from banks, NBFCs, private equity, or institutional investors to finance land acquisition, construction, or development costs.
Working capital funding provides short-term finance to cover operational costs like salaries, vendor payments, approvals, marketing, and day-to-day expenses during project execution.
Lease Rental Discounting is a type of loan where property owners borrow money by pledging the rental income from a leased commercial property as collateral.
It’s a loan provided without any collateral, based on your business revenue, credit score, and financial stability—ideal for short-term funding needs.
LAP is a secured loan where you pledge your residential, commercial, or industrial property as collateral to raise funds for personal or business needs
