How to Check RERA-registered Projects in India?

The Real Estate Regulation and Development Act of 2016 (RERA), introduced transparency, accountability, and efficiency in the Indian real estate market. It regulates builders and real estate agents and protects home buyers from fraud. 

Before RERA was introduced, the real estate market in India found itself facing many problems, like delays in possession, unfair pricing, misrepresentation by developers, and no system that would address their complaints. The Act made it compulsory for developers to register their projects and introduced strict rules that ensured the timely delivery of projects. 

In this blog, we will learn how to check RERA-registered projects, as well as the importance and benefits of buying such projects. 

What is a RERA Registered Project?

By definition, a RERA registered project is a real estate property that follows all of RERA’s rules and regulations. In order to register, the projects must fill at least one of these criteria: 

• Have land over 500 sq. meters, or more than 8 apartments. 
• Be meant for sales, advertisement or promotion

Projects being built phase-wise also need separate RERA registrations.

However, RERA guidelines do not apply to the following:

• Projects completed before RERA came into effect: 1st May, 2017. 
• Projects that are under renovation, repair or under redevelopment, without new allotments or sales. 

Developer Obligations: 

A developer also fulfil the following responsibilities to be able to register their projects: 

• Provide detailed project plans
• No false advertising
• Deposit 70% of the fund into an escrow account to ensure that all money is used for constructions. 
• Update RERA portal regularly
• Deliver all projects in their promised time. 

Failure to comply with any of these rules can result in: 

• Legal Actions
• Fines
• Registration being cancelled. 

Why Checking RERA Registration is Important?

Legal Guardianship: RERA ensures that

• The project is legal. 
• Developers can’t alter their projects’ details without the buyer’s consent
• Buyers can file complaints in case of fraud and get solutions quickly. 

Additionally, when you check RERA-compliance of a property, you are protecting yourself against fake promises, unauthorised projects and illegal land usage. 

Financial Security: In RERA-approved real estate projects, 

• All the funds are used only for project development. 
• Developers can’t divert this money to another project
• There is lesser risk of project delays, cancellations and fund mismanagement. 

Transparency and Trust: When you verify RERA registration numbers of a project, you

• Get access to the project’s details. 
• Can see if it has approvals, the timelines and status updates. 
• Can get information on the promoters, finances and litigations. 
• Be clear on refund policies in case of delays. 

Benefits of RERA-Registered Projects

Strict Adherence to Timelines: 

• Being a RERA-approved real estate projects means that developers have to follow all the deadlines. 
• Any delays can result in penalties, and buyers get compensation. 

Improved Project Accountability: 

• Developers have to regularly update the RERA portal regularly. 
• Buyers can easily do a RERA project status check, as well as see the approvals and changes in the project. 

Legal Protection for Buyers: 

• RERA provides clear dispute resolution. 
• Buyers can also file complaints online and get quick solutions. 

Fair Pricing: 

• Stops the developers from charging any hidden fees. 
• Pricing and payment structures help in avoiding any exploitations.

Comprehensive Steps to Check RERA-Registered Projects

Here is a guide you can easily follow to check the RERA registration online: 

Step 1: Visit your State’s RERA Website. 

Every state has a RERA website that has information about every project. Here are some of them:

• Maharashtra: https://maharera.mahaonline.gov.in 
• Karnataka: https://rera.karnataka.gov.in 
• Delhi: http://rera.delhi.gov.in 
• Tamil Nadu: https://rera.tn.gov.in/ 
• Andhra Pradesh: https://rera.ap.gov.in/rera/Views/Home.aspx 
• Rajasthan: https://rera.rajasthan.gov.in/ 
• West Bengal: https://rera.wb.gov.in/ 
• Gujarat: https://gujrera.gujarat.gov.in/#/ 
• Kerala: https://reraonline.kerala.gov.in/ 
• Assam: https://rera.assam.gov.in/ 

Make sure you check the correct state-wise RERA website before investing in the project. 

Step 2: Search for your desired project using the verified RERA registration number. 

You will find the RERA project ID on the following: 

• Sale Agreements
• Advertisements and Brochures
• The developer’s website. 

Take Raymond Realty, for example. The developer ensures transparency at every step, with RERA registration: 

At Raymond Realty, we ensure that every residential and commercial project we build is RERA-compliant. Buyers can easily verify our latest project Garnet at Address by GS – Bandra, on the Maharashtra RERA website using the registration number ‘P51800078863’

Step 3: Search by Project or Developer’s Name.

In case you don’t have the RERA registration number, then you can find the RERA-registered projects using its name. Do not forget to check for the past projects, complaints and approval history. 

Step 4: Analyse Project Details. 

Now that you have access to the project details, you can:

• Check the registration status and validity.
• See the completion date and do a RERA project status check. 
• Examine the financial disclosures and legal approvals. 

Step 5: Verify Timelines and Compliance Status.

Check if there are any pending approvals, violations or project delays, and compare promised dates with actual progress. 

Step 6: Download Important Documents. 

These include: 

• Land title approvals
• Builder Agreements
• Completion and Occupancy Certificates
• Litigation Records. 

Challenges Buyers Face While Checking RERA Projects

Although there are several benefits of rera registered projects, buyers might face the following challenges when they check the RERA compliance of a property: 

Navigational Difficulties: 

• Since every state’s RERA portal varies, navigation might become complex. 
• Buyers might also struggle to find the updated project details. 

Solution: Government Initiatives to simplify the RERA website, and introduce user-friendly mobile apps. 

Information Discrepancies: 

• Some developers often don’t update their project’s progress on the RERA portal as specified by the guidelines. 
• This results in outdated or incorrect information. 

Solution: Remember to cross-verify the project’s details using official documents, by consulting the developer’s offices and through customer reviews. 

Limited Awareness: 

• Many homebuyers do not know the rights and benefits that RERA gives them. 
• This lack of knowledge leads to uninformed investments and thus, cases of fraud. 

Solution: Spreading awareness through real estate events, such as expos, as well as government campaigns and digital literacy programs. 

FAQs

1. How to check RERA approved projects?
   You can check for RERA registered projects via your state’s RERA website and typing in the RERA registration number or project’s name.
    
2. How do I check my project details on up RERA?
   Go to https://www.up-rera.in/, and click on the ‘Registered Projects’ section. You can then search for the project using the ID number or developer’s name. 

3. Is it safe to buy RERA approved projects?
   Yes. By investing in a RERA approved real estate project, you are making sure that you are buying a home that is legally compliant, with financial security and timely possession. 

4. What if the RERA website shows no details about a project?
   If there are no details, then the property is most likely not undergone RERA project verification. It could be a case of fraud, and you need to contact the RERA authorities so that they can take the best action. Alternatively, you could contact the developer and ask them for the necessary details. 

5. How can an NRI check RERA project details online?
   NRIs can easily check the RERA registration online by going on the State-wise portal, search for the project’s name and access the registration status, approvals and builder credibility. 

6. Does RERA apply to under-construction projects?
   Yes, all projects, no matter what their stage of completion is, have to be RERA registered, provided that they meet the registration criteria. This helps ensure compliance and protection for buyers. 

Conclusion

Finding RERA-registered projects is important, as it helps ensure the project’s legitimacy, financial security and timely delivery. When you are considering buying a home or a commercial space, always remember to do a thorough research on RERA details. Use the state’s official portals, and cross-check the project information before making your investment. 

In this blog, we explored the importance of buying RERA-compliant property, and how to verify a builder’s RERA registration online. At Raymond Realty, you will find that all our projects are RERA compliant, meaning that your investment will always be secure, and legal.