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Wish To Buy a House in Chennai? Here Is How the TnRera Can Help You
Updated : November 21, 2023
Author :
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The TNRera Rules require all real estate agents and promoters to register their properties under the Government. To register, all properties should have met the basic requirements as mandated by the RERA (Regulation and Development) Act, 2016. Thus, it ensures a uniform standard in the quality of houses and prevents the buyer's money from being wasted. In this article, we will take a comprehensive look at how the TNRERA works.
TnRera or the Tamilnadu Rera
It is a common occurrence where homebuyers are not satisfied with the substandard quality of build and materials used and do not get all amenities as promised. Without a RERA registration, there is no basis for customers to place their grievances to the Government. This is why a RERA Registration is essential.
As mandated by the Government, every state will have their RERA authority to manage and oversee the properties under their jurisdiction. So naturally, the TNRera is tasked with regulating the real estate sector in Tamil Nadu.
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Responsibilities of the TamilNadu Real Estate Regulatory Authority include:
- Upholding rights of both homebuyers and real estate developers
- Creating transparency in the Real estate sector
- Increasing the accountability of the real estate sector
- Ensuring fast solutions to property disputes
- Creating a friendly atmosphere to attract more real estate investors
- Promoting efficient and timely completion of projects
- Providing a uniform standard for all real estate developments
TnRera Rules and Regulations - The TnRera Act
As mandated in the TNRera Act, there are a lot of provisions divided into 9 and 20 chapters, respectively. Some crucial duties mandated here include:
- Verifying the required documents that a builder needs to submit for registering under TamilNadu Rera
- Accepting declarations from promoters concerning existing projects
- Granting or rejecting RERA Registration applications based on predetermined criteria
- Overseeing and renewal of Agent Licenses
- Undertaking complaint redressals in an organized manner
To check all the TnRERA Regulations, you can refer to the official Regulations PDF file.
How is it Beneficial?
The RERA Rules, Tamil Nadu has proved to be beneficial in different ways to the parties involved. It offers a wide range of services to various parties involved. Let's see how.
For Homebuyers:
- Homebuyers can register an online complaint against errant promoters if they are found to be non-compliant with RERA Act, Tamil Nadu.
- They can access all submitted records of any housing project by simply visiting the TNRERA Website.
For Promoters:
- They can easily file complaints online.
- With the help of TnRERA, they can register any real estate project.
- Promoters can file for extending their project,
- They can update project details every quarter.
For Real Estate Agents:
- They can file online complaints against non-complying and corrupt builders.
- They can visit the website and renew their registration.
Tamilnadu RERA Website
As mandated by the RERA Act, like every state, Tamil Nadu also has its own RERA website to oversee and regulate real estate in the state. To avail of various services, visit the official TNRera Website(https://www.rera.tn.gov.in/)
TnRera Registration
You have to follow a few steps for successfully registering your project with TnRera.
- Visit the official TnRera Website.
2) Scroll down a little, and on the right-hand side, you will see a section for Online Registration. There are two separate links for agents and layouts. Also, choose if it is for an individual or firm. Be careful while choosing your option.
Another way is to click on the "REGISTRATION" Tab. Then, choose if you are registering for a project or as an agent from the drop-down menu. If it is for assignment, then further select if it is in Tamil Nadu or the independent state of Andaman.
3) If you are registering as an Agent, click on REGISTRATION>AGENTS>Apply Online. Then choose if writing for an individual or firm.
4) On clicking your desired option, a window will appear. Then, under the Login section, click on the "New Registration" button.
5) Fill in all the required details. Verify captcha and then click on the "Create New Account" button.
Rera Registration Fees Tamilnadu
According to the TNRera Rules, these are the RERA Registration fees for real estate projects in Tamil Nadu.
| Project Type | Complete Fee Details |
| Residential buildings | Rs 10 per sq. metre of FSI area for residential projects which are below 60 square metre; Rs 20 per sq. metre of FSI area for projects where unit size is more than 60 square meters. |
| Commercial buildings/projects | Rs. 50 (per sq. m) of FSI area |
| Other projects | Rs 25 (per sq. m) of FSI area; |
| Building Layouts, sub-divisions and site approvals | Rs 5 per sq. metre of plottable area excluding EWS plots (Roads and OSR excluded) |
TnRERA Registration Fees(Real Estate Agents)
- Individual Agent- Rs 25,000
- Rs 50,000 for other than Individual agents
*Small Note: If you are a homebuyer who wants to register a complaint, you have to pay Rs 5000 if you are directly approaching the Appellate Tribunal. For other modes of complaint, homebuyers have to pay Rs1000*
TNRera Registered Projects 2021
Wish to buy a house in Tamil Nadu? Protect your investment and first check all required details of housing projects on the official TnRERA Website.
TNRera News
- Between August 24 to September 22, 2021, 145 new housing projects were registered with TnRERA.
- As of September 22, 2021, a total of 682 housing projects have been recorded on the TnRERA website.
- A large chunk of the approved projects in the last month is situated in the Chennai Metropolitan area.
As you can see, the TnRERA is very important for home buyers and real estate agents and builders. Besides helping ensure proper real estate regulation in Tamil Nadu, the Tamil Nadu RERA is also responsible for ensuring steady investments by maintaining its reliability. It does so by strictly monitoring and attending to grievances from all parties involved. If it gets confusing, you can always contact NoBroker experts for further assistance. Want more real estate information? Visit our blog page and discover more. If you are looking for a home just head to NoBroker to enjoy zero brokerage.
FAQ’s
Ans: TnRera is tasked with regulating all the real estate projects in Tamil Nadu so that there is no compromise with standards and projects get finished on time. Thus, it is beneficial for both developers and home buyers.
Ans: Yes. There is a standard RERA Registration fee applicable which varies depending on the type of project, project size and ownership.
Ans: You can visit the official RERA Tamil Nadu website and check the details of any registered housing project.
Ans: To check all the TnRERA Regulations, you can refer to the official Regulations PDF file.
Ans: Agents and prospective homebuyers can file complaints through the website by paying a nominal fee.
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