RERA Project & Agent Registration Rules
Real estate projects and brokerage services are governed under state-specific RERA acts to protect buyers.
| RERA category | Current verified position | Key requirement |
|---|---|---|
| Project Registration | Mandatory for real estate projects where land area exceeds 500 sq meters or apartments exceed 8. | No marketing or sale is allowed prior to receiving the RERA registration number. |
| Agent Registration | Mandatory for real estate brokers/agents to facilitate transactions. | Must display RERA registration number in all promotional materials. |
| Escrow Account (70%) | 70% of funds collected from allottees must be deposited in a separate bank account. | Withdrawals allowed only for construction costs and land acquisition, certified by a CA, engineer, and architect. |
| Quarterly Updates | Promoters must update project status, sold units, and financial certificates on the state portal. | Required to maintain active status and avoid penalties. |
What a serious project auditor should verify
- CA Certificates (Form 3): Certified withdrawals from the 70% escrow account based on project stage completion.
- Title Due Diligence reports: Legal title report and search report for the past 30 years must be submitted during registration.
- Structural Defect Liability: Promoters are liable for structural defects or quality issues for a period of 5 years from possession.
- State-specific rules: Check if your local state portal (like MahaRERA, K-RERA, etc.) has special deposit or disclosure thresholds.
Documents for RERA registration
- Land title deeds and development agreement.
- Sanctioned building plans and approvals.
- Promoter bank account details (escrow account setup).
- Project layout, cost estimates, and builder certificates.
Documents Required for RERA Registration: year and source check
Last fact-checked: 18 June 2026.
Direct and indirect tax laws, corporate filings, and compliance rules are subject to change by CBIC, MCA, EPFO, and RBI notifications. Always verify circulars before executing a transaction.
Use official government portals (such as GST portal, MCA V3, e-filing portal, and TRACES) first. Articles and competitor calculators should be treated as guidance, not legal advice.
FAQs
What is the 70% rule under RERA?
RERA mandates that promoters must deposit 70% of the collections from homebuyers into a separate escrow account. These funds can only be used for construction and land costs of that specific project.
Is RERA registration mandatory for real estate agents?
Yes. Under Section 9 of the RERA Act, no real estate agent can facilitate the sale or purchase of any plot or apartment without obtaining RERA registration.
What is the project size threshold for mandatory RERA registration?
RERA project registration is mandatory for all commercial and residential projects where the land area exceeds 500 square meters or the number of apartments exceeds 8 units.
Frequently Asked Questions
1. What legal procedures, ROC compliance, or NCLT litigation apply to Documents Required for RERA Registration?
Corporate disputes, mergers, or insolvency proceedings related to Documents Required for RERA Registration fall under the jurisdiction of the National Company Law Tribunal (NCLT). Statutory compliance must align with Companies Act rules.
2. How are corporate agreements and contracts structured for Documents Required for RERA Registration?
Legal contracts for Documents Required for RERA Registration (such as Shareholder Agreements, NDAs, or Partnership deeds) must have clear dispute resolution clauses, correct stamp duties, and be executed legally under the Indian Contract Act.
3. What is the Insolvency and Bankruptcy Code (IBC)?
The IBC is a consolidated legal framework in India that governs the time-bound insolvency resolution process for corporate entities, partnership firms, and individuals to maximize asset value.
4. What is the minimum default limit to file for insolvency under the IBC?
To initiate the Corporate Insolvency Resolution Process (CIRP) against a corporate debtor, the minimum amount of default required is ₹1 crore (increased from ₹1 lakh to protect MSMEs).
5. What is the Corporate Insolvency Resolution Process (CIRP) timeline?
The CIRP must be completed within a period of 180 days from the date of admission of the application. The NCLT can grant a one-time extension of up to 90 days, but the process must be completed within 330 days, including litigation.
6. Who is an Insolvency Professional (IP)?
An Insolvency Professional is a licensed professional registered with the IBBI who is appointed by the NCLT to manage the corporate debtor's business operations and lead the resolution process during CIRP.
7. What is the difference between a Financial Creditor and an Operational Creditor?
Financial Creditors are entities whose relationship with the debtor arises from a financial debt (like banks, home buyers). Operational Creditors are entities whose claim arises from the provision of goods, services, employment, or government dues.
8. What is a Section 8 demand notice under the IBC?
An Operational Creditor must first deliver a 10-day demand notice u/s 8 of the IBC to the corporate debtor, demanding payment of the defaulted amount. If the debtor does not pay or raise a dispute within 10 days, the creditor can file for insolvency.
9. How can a company close its business voluntarily?
A company with no assets and liabilities can apply for a voluntary closure (strike-off) by filing Form STK-2 with the ROC, along with a certified statement of accounts, indemnity bond, and affidavit from directors.
10. What is the difference between a Partnership Firm and an LLP?
A Partnership Firm is registered under the Partnership Act 1932, and partners have unlimited personal liability. An LLP is incorporated under the LLP Act 2008, offers limited liability, and is a separate legal entity.
11. What is the time limit for filing an appeal to the NCLAT?
An appeal against an NCLT order must be filed with the NCLAT within 30 days. The NCLAT can condone a delay of up to an additional 15 days only if sufficient cause is shown; no delay can be condoned beyond 45 days.
12. What is Arbitration and how does it work?
Arbitration is an alternative dispute resolution (ADR) mechanism where disputes are resolved outside courts by an independent arbitrator or tribunal, based on an arbitration agreement between the parties.
13. Can an arbitration award be challenged in court?
Yes, under Section 34 of the Arbitration and Conciliation Act, an award can be challenged in court, but only on limited grounds such as invalid agreement, procedural irregularity, bias, or conflict with public policy.
14. What is a Shareholder Agreement (SHA)?
An SHA is a contract among a company's shareholders that defines their rights, duties, share transfer restrictions, board representation, voting rules, and dispute resolution mechanisms.
15. What is the role of NCLT in oppression and mismanagement cases?
Under Sections 241-244 of the Companies Act, minority shareholders (holding >= 10% shares/members) can petition the NCLT for relief if the company's affairs are conducted in a manner oppressive to members or prejudicial to interest.