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FAQs
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FAQs
How can an aggrieved buyer complain when there is a dispute with a real estate developer?
In the event of a dispute with a real…
What is Promoter under RERA Act?
The definition of promoter includes private and government bodies that…
Does RERA also cover rental arrangements?
No. RERA does not cover rental arrangements across all states…
Can the buyer get a refund if any?
If the promoter/developer fails to comply with the rules of…
How many floors can be built in Hyderabad?
If the permitted 3 floors are built as planned, no…
How many floors can be built in a grama panchayat?
According to building rules, grama panchayats can issue building permits…
Can parking be sold under RERA?
The RERA only talks about cover parking space but there…
Should I pay for a super built-up area?
No. The builder cannot charge for the super built-up area.
Can you withdraw money from the Escrow Account?
Funds in the escrow account are released only when certain…
What do I need to submit for each withdrawal from a RERA Escrow account?
Withdrawals from the RERA Escrow account must be certified by…
What is a RERA bank account?
RERA Bank Account is a separate bank account maintained by…
What is the validity of the registration granted by RERA?
RERA registration is valid for the period announced by the…
When was the RERA Act notified in the e-Gazette?
The RERA Act was notified in the e-Gazette on 26…
Is RERA a legal entity?
The Act establishes the Real Estate Regulatory Authority (RERA) for…
What is the payment rate if the promoter or allottee defaults?
The interest rate paid by the promoter or allotter is…
What is the meaning of RERA approved project?
The project approved by RERA is defined as the real…
Can one developer sell a project in the middle to another developer?
Yes. A developer may sell a real estate project to…
What are the documents required for a real estate developer when registering a project with RERA?
The following documents are required when registering a project with…
Can a once granted RERA registration be revoked?
In the event of any action by the promoter/builder against…
Does the promoter need to audit his accounts?
The promoter must audit his accounts and obtain a certificate…
Is there any relief for buyers in delivering timelines under RERA?
The RERA stated that it was currently easing delivery timelines…
How can RERA help buyers if the project is delayed?
The proprietor/developer is responsible for the buyer's refund of the…
What is pre-launch sale in real estate under RERA?
There will be no pre-launch sale under RERA until the…
What is the impact of RERA in real estate sector?
The RERA Act has brought transparency and accountability in the…
Is balcony included in carpet area?
No. The carpet area is the net usable area inside…
Is stamp duty paid on carpet area or built up area?
Under the terms of the RERA Act, 2016, Stamp duty…
Who should apply for registration as a real estate agent?
Any real estate agent who wants to sell or purchase…
If a real estate agent is not listed with promoter registration on the TSRERA website, can he still sell on this project?
No. If the promoter does not include the name of…
Does TSRERA protect agents from unpaid commissions by builders?
No. Rera does not interfere in such matters. These come…
If the registration is not given within 30 days, will it be considered as registration?
Yes. If RERA fails to issue any communication regarding errors…
Is the real estate agent authorized to sign on behalf of the builder/promoter?
No. RERA doesn't allow the agent to sign on real…
How does a promoter make an application for RERA registration?
A promoter should apply online by filling details in the…
If a real estate agent is not listed with the promoter's registration with RERA, does he sell the project?
No. If the promoter does not include the name of…
If a real estate agent is not listed with the promoter's registration with RERA, does he sell the project?
No. If the promoter does not include the name of…
If a real estate agent is not listed with the promoter's registration with RERA, does he sell the project?
No. If the promoter does not include the name of…
Is the registration of an agent is transferrable to another state?
No. The registration of a real estate agent with RERA…
Is the registration of an agent is transferrable to another agent?
No. The registration of a real estate agent with RERA…
What is the registration fee for a real estate agent?
If the applicant is an individual, the registration fee is…
Do real estate agents required to register with RERA?
Yes. Every real estate agent who sells or buys any…
Is the open parking area a part of the common area?
Yes. The outdoor parking area is a part of the…
Is RERA applicable for completed projects?
No. According to the RERA Act, 2016, completed real estate…
What is the purpose of an Escrow Account in RERA?
In the real estate sector, 70% of the total funds…
What is an Escrow Account?
An Escrow Account is a third-party account where funds are…
Who is Adjudicating Officer under RERA Act?
The Adjudicating Officer is a quasi-judicial person who is required…
What are the duties of the buyers under the RERA Act?
The RERA Act provides various duties to the buyers, such…
What are the rights of the buyers under the RERA Act?
The RERA Act provides for several rights that buyers have…
How can the promoter make major changes to a RERA approved project?
In the case of major modifications to a real estate…
Can the promoter modify the project specification after RERA registration?
After RERA registration and disclosure to allocators, the promoter may…
Can the promoter collect any money for booking an apartment/plot?
The promoter cannot accept a sum of more than 10%…
How many days does RERA need to register a real estate project?
Subjected to the Rules and regulations of the RERA Act,…
When does a promoter start advertising his project for sale?
According to the RERA Act, 2016, the promoter can declare…
What is the significance of the estimated cost of the real estate project?
Based on the estimated cost of the real estate project,…
What is the estimated cost of the real estate project?
The estimated cost of a real estate project is the…
What is the difference between occupancy certificate (OC) and completion certificate (CC)?
The Occupancy Certificate is defined as the occupancy of an…
Is it mandatory to register projects with an occupancy certificate (OC) with RERA?
According to RERA regulations in Telangana, all real estate projects…
What is the penalty for contravention of the applicable provisions of the RERA Act?
The defaulter has to pay a penalty of Rs. 10,000…
What is the penalty for violating any order of RERA?
When a real estate developer or builder violates any order…
What is the penalty for providing incorrect information under RERA?
When a real estate developer or builder provides incorrect information…
What is the penalty for not registering a project under RERA?
If a real estate developer or builder fails to register…
What are the penalties under RERA?
RERA levies penalty fees for a variety of offences prescribed under…
What is the RERA Registration fee?
The structure of the RERA registration fee varies from state…
Is Rera registered Project Safe?
Yes. Investing in RERA approved projects is safe and protects…
What is the validity of RERA registration?
The RERA registration is valid for 5-years from the date…
How to check the RERA registration number?
You can check the RERA registration number of a project…
How RERA will Benefit Builders?
RERA aims to provide transparency in real estate transactions to…
Is RERA applicable to all over India?
Yes. The RERA Act mandates that every state and union…
When was the RERA Bill proposed?
The RERA Bill was drafted in 2013. It was passed…
Can we appeal against the RERA order?
Yes. Anyone affected by any order of the RERA Appellate…
What are the provisions of the RERA Act?
The following are the key provisions included in the RERA…
What is the importance of RERA?
RERA Act plays a key role in the real estate…
What is the penalty for the non-registration of a project under the RERA?
If any builder fails to register a project under the…
What RERA says about Carpet Area?
As per the RERA Act, builders are legally responsible for…
What is the difference between the RERA carpet area and carpet area?
The carpet area is the net usable floor area of…
Does the carpet area include terraces and staircases?
No. The Carpet area, also known as the net usable…
Are bathroom covered in carpet area?
Yes. The Carpet area, also known as the net usable…
Are internal walls covered in carpet area?
No. The Carpet area, also known as the net usable…
What is covered in the carpet area?
The Carpet area, also known as the net usable area…
What is Saleable Area or Super Built-up Area in RERA?
Saleable Area, also called a Super Built-up Area includes Built-up…
What is RERA Act in Telangana?
In Telangana state, the RERA Act came into existence on…
What are RERA accounts?
According to the RERA Act, promoters must deposit 70% of customer advances…
How important is RERA approval?
RERA established a state authority to govern residential and commercial real…
What if a project is not RERA approved?
All new projects and those under construction come under the…
What is RERA Carpet Area?
The RERA Carpet Area is the net usable floor area…
What kind of projects falls under RERA?
At present, the RERA Act applies to the following. …
Is RERA applicable to malls?
Yes. RERA is applicable for commercial spaces such as malls,…
Is RERA applicable for existing projects?
Yes. RERA Act is applicable for all existing or ongoing…
Is RERA applicable to redevelopment projects?
Yes. RERA applies to Redevelopment projects if the development area…
Can I buy a flat without RERA?
No. RERA registration is now legally required for all real…
Is RERA applicable in rural areas?
Yes. Real estate projects in rural areas are now under…
Is RERA applicable for venture plots?
Yes. According to the RERA Act, every real estate project,…
Is it safe to buy a project not approved by RERA?
No. Buying a project that is not approved by RERA…
Is it safe to buy RERA approved project?
Yes. It is always safer and better to buy projects…
How does RERA benefit buyers?
The main goal of RERA is to provide buyers with…
Which projects do not require registration under RERA?
RERA does not apply to all real estate projects…
Is RERA mandatory?
Yes. RERA registration is mandatory for all real estate construction…
What are the benefits of RERA?
RERA aims to promote transparency, efficiency, and accountability in the…
When did RERA come into effect India?
The Government of India passed the Real Estate (Regulation and…
What is RERA?
RERA means the Real Estate Regulatory Authority, the regulatory body…
What is the full form of RERA?
RERA stands for Real Estate Regulatory Authority. RERA was formed…
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