RERA registration Rules for Real Estate Agents: How to do Online

Key Objectives

• Ensuring Efficiency and Transparency in the Real Estate Sector
• Protecting Consumer Interest by Promoting Fair Play in the Sector

The Real Estate Act Envisages Achieving the Said Objectives By:

• Establishing the Real Estate Regulatory Authority (RERA) for Regulation and Promotion of the Real Estate Sector
• Registration of the Real Estate Project
• Ensuring the Sale of Plot, Apartment, or Building in an Efficient and Transparent Manner to Protect the Interest of Consumers in the Real Estate Sector
• Establishing the Real Estate Appellate Tribunal (REAT)

Procedure for RERA Registration of an Estate Agent

1. Log on to https://maharerait.mahaonline.gov.in
2. Once logged in through the Agent profile, first create the profile. There are 2 categories of registration:
   • If Individual, Proprietor/Proprietorship Firm, select Individual
   • Else, select Other than Individual
3. The Agent has to fill the project details, including:
   • Project Name
   • Type of Project
   • Promoter Name
   • Details about the last 5 years
4. Add branch office details, if any
5. Provide details regarding litigations related to the project:
   • Name of the Case
   • Case Number
   • Petition
   • Interim Order
   • Present Status
6. If registered under different states, provide details of registration and registration certificates

Documents Required

For Individual, Proprietor/Proprietorship Firm:

• Address Proof of Business Place/Office
• PAN Card
• Aadhar Card
• Recent Photograph of Proprietor
• Photograph of Employees, Associates (if any)
• ITR of Last Three Years
• Address Proof of Any Branches (if any)
• Details of All Real Estate Projects and Their Promoters on Whose Behalf the Agent Has Acted in the Preceding Five Years
• Details of All Civil/Criminal Cases Pending Against the Agent or Associates
• Authenticated Copies of All Letterheads
• Rubber Stamp Images, Acknowledgment Receipts Proposed to be Used by the Real Estate Agent
• Address, Contact Number, Cell Number, and Email ID

For Partnership Firm, Society, Pvt. Ltd./Ltd. Company, LLP, etc.:

• Incorporation Certificate
• Registration No., TIN, DIN
• PAN of Firm, Company
• Copy of Deed of Article, Memorandum
• Photographs of All Partners, Directors, Members
• Photographs of Employees, Associates (if any)
• ITR of Last Three Years
• Address Proof of Any Branches (if any)
• Details of All Real Estate Projects and Their Promoters on Whose Behalf the Agent Has Acted in the Preceding Five Years
• Details of All Civil/Criminal Cases Pending Against the Company or Any Director, Partner, Trustee, or Associate/Employee
• Authenticated Copies of All Letterheads
• Rubber Stamp Images, Acknowledgment Receipts Proposed to be Used by the Company
• All Addresses, Contact Numbers, Cell Numbers, and Email IDs

Registration Fees

• Rs. 500/- (+ Taxes & Bank Charges, if any) to be paid to Mahaonline for the Maha-Rera website.
• Additional payable fee:
  • Individual, Proprietor/Proprietorship Firm: Rs. 10,000/- only.
  • Partnership Firm, Society, Pvt Ltd./Ltd. Company, LLP, etc.: Rs. 1,00,000/- only.

Registration Validity and Penalty

• Within a time frame of 30 days, RERA authorities shall deliver the registration number along with the certificate (if the application is not rejected). If no objection, query, or rejection is received within 30 days, there is a provision for deemed registration within 7 days.
• Once granted, the registration is valid for the next five years. Renewal granted will also be valid for a period of five years from the date of its renewal.
• Penalty for unregistered agents involved in RERA-registered project dealings, advertising, marketing, etc., is Rs. 10,000/- per day during the period of failure, with a maximum penalty up to 5% of the value of the deal/project value.