RERA Certificate
Official document issued to real estate developers and agents under the Real Estate Act, 2016
Overview
The RERA Certificate in Maharashtra is an official document issued to real estate developers and agents under the Real Estate (Regulation and Development) Act, 2016 (RERA). The certificate indicates that a particular real estate project or agent is registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA). This registration ensures that the project complies with legal requirements and offers protection to buyers by promoting transparency and accountability in the real estate sector.
Use cases
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FAQs
What are the components of RERA Certificate in Maharashtra?
Project Registration:
The certificate confirms that the real estate project is registered with MahaRERA. It provides crucial details about the project, such as its timeline, approvals, and legal clearances.
Developer Accountability:
It holds developers accountable for delivering the project as per the agreed timeline, specifications, and terms mentioned at the time of registration.
Transparency for Buyers:
Buyers can verify project details, such as land titles, project layout, approvals, and construction progress, through the RERA certificate. It helps protect them from fraudulent practices.
Real Estate Agent Registration:
Agents who wish to deal with RERA-registered properties must also obtain a RERA Certificate. This ensures that they operate within the legal framework and offer reliable services.
Legal Compliance:
Developers and agents must comply with the RERA regulations, including providing accurate project details, adhering to approved plans, and avoiding any alterations without buyer consent.
How does one get the RERA Certificate for a building?
What is the validity period of a RERA Certificate in Maharashtra?
The RERA Certificate is issued as soon as project commences and is valid until its completion and handover.
How can I verify the authenticity of a RERA Certificate?
How much time does it take to obtain a RERA Certificate?
If the project is approved, The RERA Certificate is instantly available on the Maharashtra RERA Website. Landeed instantly searches and delivers the Maharashtra RERA Certificate
What are the fees for obtaining a RERA Certificate in Maharashtra?
Landeed provides the RERA Certificate at a nominal service fee of Rs 199.
What details are required to fetch the RERA Certificate?
What is the RERA Certificate useful for?
Protection for Homebuyers:
The RERA certificate ensures that buyers are investing in legally approved projects and that their interests are protected. Developers cannot delay projects without facing penalties.
Access to Information:
Buyers can access key project details on the MahaRERA website, including the project's registration number, timeline, approvals, and the developer's track record.
Legal Recourse:
In case of disputes or delays, buyers have the right to approach MahaRERA for legal redress, ensuring their grievances are addressed.
Prevention of Fraud:
The certificate helps prevent fraudulent practices in the real estate sector, ensuring developers and agents provide accurate and truthful information.
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RERA Certificate
RERA certificate is issued to under construction projects in Maharashtra
- Developer has to apply for the certificate before commencing development of a project
- Ensures that the project complies with legal requirements
- Helps buyers conduct due diligence before purchasing property in a specific project
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