RERA REGISTRATION
A RERA certificate is a legal document that acts as proof that a property, project, or property agent has been registered
under state-level RERA authority or tribunal. The central act i.e. Real Estate Regulation and Development Act has mandated registration for
projects and property agents to obtain a unique registration number.
Advantages of RERA certificate
- Ensures that specified rules and regulations are being followed by builders and developers.
- Implementing a pan India standardized model
- Reduce chances of malpractice and fraud
- Creates a sense of responsibility for the builder and investor
- Increase reliability of the real estate sector.
- Safeguard rights of buyers
- Get information about details of the property etc.
- Provides the allottee with access to the RERA complaint tribunal