The RERA Act mandates that each state and union territory establish its own Real Estate Regulatory Authority to oversee the real estate sector’s functioning and to ensure transparency, accountability, and fair practices in real estate transactions. These authorities also provide a platform for addressing grievances and disputes between homebuyers and builders. For RERA Registration in Tamil Nadu: application form, project details, promoter info, approvals, and legal documents.
Steps RERA in Tamil Nadu for projects:
Follow the below steps to carry out registration with Real Estate Regulatory Authority in Tamil Nadu for projects:
Step 1: Visit the official site of RERA in Tamil Nadu.
Step 2: Once the homepage loads, you will find the online registration option in the right-hand corner. Here, two separate links are available for layouts and agents. Also, you must select whether you are filling out for an individual or a firm. Or you can also click on the ‘registration’ tab. Select if you are registering for a project or as an agent. Next, if it is an assignment, choose between options ‘Tamil Nadu’ or ‘Independent states of Andaman.’
Step 3: After clicking the desired option, a new window will appear, requiring you to log in. Click on new registration.
Step 4: Fill in the columns and verify the captcha to create a new promoter account.
Documents Required for Registration of a Project Under the RERA Act in Tamil Nadu.
Documents for registering on RERA:
You need to present a required set of documents when RERA Registration in Tamil Nadu for a real estate project. These include:
- Legal deed and ownership deed of the builder.
- PAN card of both the developer and the builder.
- Rights of property.
- Complete property documents.
- Supporting document to confirm the builder’s title.
- Audited the finances of the construction company for the previous year.
- Development agreement.
- Landholder’s agreement.
- Income tax returns for the last three consecutive years.
- Details of the existing projects and their statuses.
- No objection to the certificate and development plan.
- Complete the plan and design of the project.
The Real Estate (Regulation and Development) Act, commonly known as RERA, is a central legislation enacted in 2016 by the Government of India to regulate the real estate sector and protect the interests of homebuyers and investors. However, Real Estate Regulatory Authority is a central law, and its provisions are applicable across all states and union territories in India, including Tamil Nadu.
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