In this article, we will walk you through the steps to check RERA registered projects online. By the end, you will understand how to verify a project’s RERA status and what to look for when considering an investment.
Why check RERA registration?
Before investing in a property, it is essential to verify that the project is RERA registered. This ensures that the builder is complying with legal standards, such as timelines for construction and delivery, clear titles to the property, and transparent financial dealings. A RERA registration number acts as proof that the project has been approved by the regulatory body and that the buyer’s interests are protected.Checking RERA registration online is a straightforward process. With the information provided on the RERA website, you can verify whether the builder has met all legal requirements.
Steps to check RERA registered projects online
Here is a simple step-by-step guide to check whether a project is RERA registered:Step 1: Find the relevant state’s RERA website
RERA registration is handled by state-level authorities in India. This means each state has its own RERA portal. The first step is to visit the official RERA website for the state in which the project is located. Each state’s website typically has a search option where you can enter project details to check registration status.For example, if the project is in Maharashtra, visit the Maharashtra RERA website. Similarly, for a project in Delhi, go to the Delhi RERA site.
Step 2: Search for the project using the RERA registration number
Once you are on the respective RERA website, look for the option to search for a registered project. This search option usually allows you to look up the project using:- RERA registration number: If you have the RERA registration number of the project, this is the fastest way to verify its status.
- Project name: If you do not have the registration number, you can search by the project name or developer’s name.
- Builder’s name: Some websites allow you to search by the builder’s name to get a list of projects they are involved with.
Step 3: Check the project details
Once you have entered the required information, the website will display the details of the project. These typically include:- RERA registration number: The unique identification number assigned to the project.
- Project name: The name of the real estate project.
- Developer’s name: The builder or developer responsible for the project.
- Project start date and end date: The expected timelines for project completion.
- Project status: Whether the project is under construction, completed, or in the approval process.
- Details of sanctioned plans: This ensures the project’s design is approved by local authorities.
Step 4: Verify project approval
The RERA website should indicate whether the project is approved, registered, and compliant with all regulations. If the project is not listed, it means it has not been registered with RERA, and you should proceed with caution.Step 5: Look for additional information
Some RERA portals also provide additional details such as:- Builder’s history: You can check if the developer has a history of delivering projects on time and without issues.
- Complaints or penalties: Look for any consumer complaints or penalties imposed on the builder. This will help you assess the builder’s reputation.
What if a project is not RERA registered?
If you discover that a project is not registered with RERA, it is crucial to proceed carefully. A non-registered project may not be bound by RERA’s regulations, which means the builder may not be legally obligated to deliver on the promises made in the advertisement. This could result in issues with property titles, construction delays, and financial disputes.In such cases, it is best to avoid investing in these projects or seek legal advice before proceeding.
Why is RERA registration important?
RERA registration is a vital part of the home buying process. It provides:- Legal protection: Buyers are protected from fraud and builder defaults. If a builder fails to deliver the project on time or deviates from the agreed plan, homebuyers can seek redressal under RERA.
- Transparency: The law ensures that all project details, including timelines, financial status, and project plans, are made available to buyers.
- Accountability: Developers are required to meet strict deadlines and deliver projects as promised.
What to do after checking the RERA registration?
Once you have confirmed that a project is RERA registered, the next step is to:- Review the builder’s past projects: Check the builder’s history and other completed projects to evaluate their credibility.
- Review legal documents: Ensure all the legal documents, including the title deed and ownership details, are in order.
- Consider financial planning: Before making any investment, check the financial aspect of the project. You can use a home loan EMI calculator to get an idea of your monthly payments and plan your budget accordingly.
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If you are planning to buy a property and are considering a home loan, it is essential to ensure that the project you are interested in is RERA registered. This will help ensure that your property is legally sound, making the loan process smoother.If you are considering taking a home loan for your new property, Bajaj Housing Finance Home Loan offers competitive rates, fast approval, and minimal paperwork.
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