Planning to buy your dream home or invest in a residential project? Before signing any papers or transferring your hard-earned money, there is one crucial check you should not skip: verifying if the project is registered with RERA. Builders must register their projects under the Real Estate (Regulation and Development) Act (RERA) unless the project is built on less than 500 square metres of land or has fewer than eight apartments. While such projects are exempt from registration, purchasing an unregistered project can be risky and may leave homebuyers with fewer legal protections if issues arise.
How to Check if a Project is RERA Registered
To verify whether a project is RERA-registered, visit either the Unified RERA portal or the RERA website of the state where the project is located. You can search using the project's RERA registration number, project name, or the developer's name. Every registered project is assigned a unique RERA number, so if you cannot find one, it is a red flag.
The portal also allows you to check important details such as the project layout, completion timeline, total area, specifications, and promised amenities. Additionally, you can review the developer's track record, past projects, and compliance history. Before investing, ensure that the project's RERA registration is active and valid.
Why is it Important to Check RERA Registration?
To lure buyers, builders may misrepresent the carpet area, specifications, and amenities provided in the project. Buyers can also be exposed to fraud, and their money could be misused for other purposes. In India, disputes about project delays are common. Complaints have no legal basis if a project is not registered.
For registered projects, every detail about the property is visible on the portal. In case of project delays, buyers are eligible for compensation. Therefore, checking RERA registration protects your investment and ensures legal recourse.
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