RERA Registration is of two types:
- RERA Registration For Project
- RERA Registration For Agents
In this article, we are going to talk about RERA Registration For Projects.
Objectives of RERA Maharashtra:
- To protect the customers’ interest in the real estate sector.
- To establish settling method for quick dispute settlement.
- Sale of building, plot, apartment in the real estate sector to be transparent and efficient.
- To form Appellate Tribunal to hear appeals from the directions, decisions or orders of RERA.
RERA Registration Requirements:
RERA Registration is mandatory in either of the following cases:
- Project Area is greater than 500 square metres
- The Project has more than 8 apartments