Exemptions from RERA Registration

Read Time:6 Minute, 9 Second

Specific projects are not obliged to be registered under the RERA Act. These include:

Projects with Land Area and Apartment Limits: Projects with land areas not exceeding 500 square meters or apartments not surpassing eight in number.
Projects Involving Renovation, Repair, or Re-development: Projects are limited explicitly to activities such as renovation, repair, or re-development, provided they do not encompass marketing, advertising, selling, or new allotment of any apartment, plot, or building.
Projects with Completion Certificates: Projects for which the promoter has already obtained a completion certificate before the commencement of the RERA Act.
Please be aware that these exemptions may vary from state to state, as
Individual states may have distinct rules and regulations governing projects that are exempted from RERA registration.

Streamline the RERA Registration Process with IndiaFilings

IndiaFilings can provide valuable assistance in obtaining RERA (Real Estate Regulatory Authority) registration in Tamilnadu. With our expertise and knowledge of the regulatory requirements, IndiaFilings can guide real estate promoters and agents through the complex process of RERA registration.

Our services encompass filling out the necessary forms, compiling the required documents, and ensuring compliance with the Tamilnadu RERA rules and regulations of the respective state’s RERA authority. By entrusting IndiaFilings with the registration process, individuals and entities in the real estate sector can streamline the registration procedure, saving time and effort while ensuring compliance with the law.

Tamil Nadu RERA Registration for Agents FAQ’s

What is RERA?

RERA stands for Real Estate Regulatory Authority, a government body that regulates the real estate sector to protect the interests of homebuyers and promote transparency.

Who is considered an agent under Tamil Nadu RERA?

An agent is any person or entity facilitating the sale or purchase of real estate properties on behalf of buyers or developers.

Is RERA registration mandatory for real estate agents in Tamil Nadu?

Yes, RERA registration is mandatory for real estate agents in Tamil Nadu.

What are the eligibility criteria for agent registration under Tamil Nadu RERA?

The eligibility criteria may include qualifications, experience, and other conditions the RERA authority specifies.

Is the Real Estate Regulatory Authority (RARA) Act 2016 Applicable to Open Plots?

The Real Estate Regulatory Authority (RARA) Act 2016 applies to all commercial and residential real estate projects that have land exceeding 500 square meters or include eight or more apartments. These projects are required to register with the Real Estate Regulatory Authority (RERA) in order to commence, ensuring increased transparency in project marketing and execution.

Is the Real Estate Regulatory Authority (RARA) Act 2016 applicable to completed projects?

As per The Real Estate Regulatory Authority (RARA) Act 2016, Completed projects are exempt from the purview of the RERA Act.

How much time it takes for RERA approval?

Under the Real Estate Regulatory Authority (RERA), registration remains valid for the duration necessary to complete the declared project or phase, as stated by the builder or developer

Is it Possible for RERA to Revoke Registration?

Yes, registration under the Real Estate Regulatory Authority (RERA) can be revoked if RERA receives a complaint against the developer and finds evidence that the developer has failed to adhere to the Act’s regulations, violated approval terms and conditions, or engaged in unfair practices while promoting, selling, or advertising their projects..

Is it Possible for RERA Registration to be Revoke

Yes, RERA has the authority to revoke registration under the Real Estate Regulatory Authority (RERA) if a complaint is lodged against a developer, and RERA determines that the developer has failed to adhere to the rules outlined in the Act, violated the terms and conditions of approval, or engaged in unfair practices when promoting, selling, or advertising their projects.

How can I apply for RERA registration as a real estate agent in Tamil Nadu?

IndiaFilings can help you obtain RERA registration quickly. Call our experts today and start the process.

What documents are needed for agent registration in Tamil Nadu RERA?

Commonly required documents include identity proof, address proof, PAN card, educational qualifications, and photographs.

What Happens to Builders/Developers if RERA Revokes Registration?

When RERA revokes a builder or developer’s registration, it can lead to significant consequences. RERA may suggest that the government appoint a competent authority to complete the project. Additionally, the Association of Buyers holds the first right to approve or reject any further development activities in the project. This decision can greatly affect the builder or developer’s future actions.

What Penalties Are Imposed by the RERA Act?

Penalties for Agent Defaults
If a real estate agent fails to adhere to any provision of the Act, they may be subject to a fine of Rs 10,000 per day, extending up to 5% of the total cost of the plot, apartment, or building.
Punishment for Unfair Trade Practices
If an agent engages in unfair trade practices, they may face imprisonment for up to 1 year.

How long does obtaining RERA registration as an agent in Tamil Nadu take?

The processing time can vary, but it typically takes a few weeks to complete the registration process.

Is there a renewal process for RERA agent registration in Tamil Nadu?

Yes, RERA agent registration must be renewed periodically per the rules and regulations.

Can I advertise my services as a real estate agent without RERA registration in Tamil Nadu?

No, it is illegal to advertise real estate services without RERA registration in Tamil Nadu.

What are the obligations of a registered agent under Tamil Nadu RERA?

Registered agents must maintain transaction transparency, provide accurate information, and adhere to the RERA guidelines.

What is the role of RERA in resolving disputes involving registered agents in Tamil Nadu?

RERA may mediate and facilitate the resolution of disputes between agents, developers, and consumers.

Are there any exemptions from RERA registration for certain types of agents in Tamil Nadu?

Exemptions, if any, are subject to the regulations and guidelines issued by the RERA authority.

Can a registered agent transfer their registration to another person in Tamil Nadu?

Generally, registrations are not transferable, but specific rules may apply, and it’s advisable to consult with the RERA authority for clarity.

Are there any penalties for non-compliance with RERA regulations for agents in Tamil Nadu?

Yes, non-compliance can result in penalties, including fines and registration suspension.

Can an agent appeal against penalties imposed by the RERA authority in Tamil Nadu?

Yes, an agent has the right to appeal against penalties imposed by the RERA authority.

Is RERA registration compulsory for agents?

Yes, RERA registration is mandatory for real estate agents selling or advertising RERA-registered projects.

How to get RERA number for agent?

Here is the process of how to get RERA number for agent – visit your state’s RERA portal and apply for agent registration. Fill out the application form, upload required documents like PAN card and address proof, and pay the registration fee. Upon approval, you will receive your RERA registration number, allowing you to operate legally as a real estate agent.

How to register in RERA as agent?

Here are the steps for how to be a RERA certified agent – Access your state’s RERA portal and complete the agent registration form. Submit necessary documents, pay the registration fee, and await approval. Once verified, you will receive a RERA registration certificate, confirming your status as a certified real estate agent. This is the simplified process on how to become RERA certified agent.

Previous Chapter Next