RERA Delhi Registered Projects: Real estate investing requires research, budgeting, and spending. In light of all of these and other considerations, the government implemented the Real Estate (Regulation and Development) Act, of 2016, offering a broad guarantee.
RERA Delhi: What is it?
The management and regulation of Delhi’s real estate market is done by the RERA Delhi. It manages the market in an open and well-organized way while safeguarding both developers and homebuyers.
A list of approved real estate developments, developers, and agents registered under the RERA Delhi is available on the Delhi RERA website. To make an informed real estate investment, prospective homeowners can use the site to obtain all property-related information.
RERA Delhi Registered Projects: Agents
| Total registered projects | 100 |
| Completed projects | 25 |
| Pending projects | 7 |
| Rejected projects | 13 |
| Total agents registered | 707 |
| Total agents rejected | 82 |
RERA Delhi’s characteristics
- All promoters and developers of real estate projects in Delhi must register their projects with Delhi RERA before selling, marketing, or advertising them.
- Developers must post all project information, including layout, approvals, status, and completion date, on the RERA Delhi website. They also have to update this information every quarter through quarterly monthly reports (QPR).
- House buyers must allocate 70% of the funds received for project development into an escrow account for a project registered under the RERA Delhi. The funds are restricted to that specific project and can only be spent following the QPR. The developer cannot use the money for other initiatives.
- Redress for grievances: Developers and purchasers of real estate may register complaints about infractions of any kind with the Delhi RERA.
RERA Delhi: Promoters’ steps for registering
- Go to https://www.rera.delhi.gov.in/RERA Delhi website to access the official RERA Delhi website.
- To register as a promoter or project for RERA in Delhi, go to Online Registration, select Register as Promoter/Project, enter the requested information, and pay the registration fees.
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Project registration expenses for Delhi RERA
- Group housing projects cost Rs 5 per square meter if the total area of land is not greater than 1,000 square meters. If the land size exceeds 1,000 square meters, the cost per square meter will be Rs 10 per sqm, but no more than Rs 5 lakh.
- A mixed-use development with less than 1,000 square meters of land will pay Rs 10 per square meter. A project with a land size of more than 1000 square meters cannot exceed Rs 7 lakh per square meter. Instead, it must be Rs 15 per square meter.
- The fee for projects with a planned development area under 1,000 square meters is Rs 20. For projects with a planned development area over 1,000 square meters but under Rs 10 lakh, the fee is Rs 25.
- Development projects that are planned: Rs 5 per square meter, but not more than Rs 2 lakh
RERA Delhi: Steps for Agents
- To register as a real estate agent for RERA Delhi, go to the RERA Delhi page, select Online Registration, enter the requested information, and pay the registration costs for Delhi RERA agents.
Registration of RERA agents in Delhi
In Delhi, the cost of registering as an RERA agent is Rs 10,000 for people and Rs 50,000 for those who are not individuals.
Delhi RERA registration: What purchasers need to know
Click Register as Buyer under Online Registration on the RERA Delhi page, then provide the requested information.
Documents needed in Delhi for RERA registration
- Title to the vehicle
- Layout Design: Scheduled developments
- Land encumbrances: a description
- Examples of this include financial records like cash flow statements and income tax reports.
- Bank information
- Consent letters from structural engineers, architects, and other project participants
- Identity documentation such a passport, Aadhaar number, or PAN card
- Address evidence includes things like a driver’s license and voter ID card.
How is the Delhi RERA registration number verified?
- Choose projects or agents from the drop-down menu under the “validate RERA registration number” on the Delhi RERA portal.
- After entering the RERA registration number, select “Validate.”
- If the RERA Delhi registration number is active, you can view the project details.
- In a similar vein, if the agent’s RERA registration number is current, you will view their data.
How can I verify projects approved by Delhi RERA?
- Click “List of Registered Projects” under the Projects page on the RERA Delhi website.
Status of the RERA Delhi Project - To find out if a project has received RERA approval, enter the project name in the search project box or go through the whole list.
- Downloading the project certificate is possible.
- To view project details and project status, click QPR and project, respectively.
- Prospective homeowners can view finished projects, rejected projects, pending registration projects, and projects that do not require registration under the Projects page.
When can a buyer file a complaint with RERA Delhi?
If a developer, builder, promoter, or real estate agent violates or contravenes any provision of the RERA Act, a buyer may file a complaint with the RERA in Delhi.
- Delay in gaining possession
The buyer may submit a complaint with RERA Delhi against a builder who does not provide possession of the home on schedule to obtain immediate control or a full refund plus interest.
- Deceptive marketing
If you fell for false advertisements and decided to deposit money with the promoter, file a complaint with RERA Delhi against the developer, backer, and endorsers.
- Payment in advance
The constructor may request up to ten percent of the total cost of the building, apartment, or plot of land in advance. A buyer may file a complaint with RERA Delhi against a builder if the firm demands a deposit over 10%.
- Inaccurate property registration
Every project needs to have a Delhi RERA registration. The buyer can file a complaint if the builder offers or sells an unregistered project. Consequently, registration under RERA Delhi is necessary.
- When project details are lacking
Maintain all project information, including the design, layout, and government approvals, on the RERA Delhi website. Anyone who violates this clause as a builder or developer may be subject to a complaint.
- Flaws in the Framework
The promoter must refund the original payment to the allottee if there are any structural defects in the craftsmanship or service quality. If the buyer is not reimbursed, they can file a complaint with RERA Delhi.
- Change of ownership
Promoters cannot transfer majority rights to another individual without obtaining consent from two-thirds of allottees. If a promoter is found doing so, a complaint can be filed with RERA Delhi.
RERA Delhi can act suo moto against irresponsible developers who violate any of the above rules or any other RERA Act, 2016 provision.
- What is the process for a buyer to complain to RERA Delhi?
- First, log in to the RERA Delhi portal using your buye r account.
Login and complaint for RERA Delhi
Proceed by selecting Complaint To Authority (Form M) from the Online Complaint menu.
Project not registered with RERA
By selecting Report Non-RERA Registered Project, you can also file a complaint over a non-RERA registered project. The complainant’s identity will remain private, according to the official Delhi RERA website.
Documents needed to submit a grievance to RERA Delhi
- Booking form
- Contract of sale
- The Buyer’s and Builder’s Communication
- Letter of allocation
- Payments provided to the builder as evidence
Housing News View Point
Homebuyers should rely on registering with RERA Delhi for all real estate developments in Delhi before making their largest purchase. To make an informed choice, people can access all verified information on the RERA Delhi website.
RERA Delhi: Contact details
- Citizens can contact RERA Delhi at the following location and email.
- Address: Vikas Minar, ITO, 14th floor, New Delhi, 110002
- [email protected] is the email ID.
