Let me tell you, how much time it takes for RERA registration? The time required for RERA or Real Estate Regulatory Authority registration varies by state and depends on the completeness of the applicant's documentation. On average, as per my knowledge, the process typically takes about 4 to 8 weeks from the application submission date. Let me share more details about it.
Timeline for RERA Registration
If all paperwork is presented correctly on the first try, the entire RERA registration process takes 30 to 60 days. Here’s a breakdown of the timeline:
After submission of the RERA registration application, the RERA authority reviews all documents to ensure compliance with the Real Estate (Regulation and Development) Act, 2016. If documents are inadequate or have conflicts, extra clarifications may be sought. This review normally takes two to four weeks.
The RERA authority will approve or reject the application after document review. According to the RERA Act, this decision must be made within 30 days of submission. The project is automatically registered if nothing is done.
If approved, a RERA registration number is issued, which the developer must display in all project-related advertisements and documents. The registration certificate is usually provided within 1 to 2 weeks after approval.
I hope you found this information useful.
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I can tell you how much time it takes for RERA registration. The wait for RERA registration can feel like an eternity for eager homebuyers, like me. I understand that the
processing time varies depending on the state and the complexity of the project, it typically takes anywhere from 30 to 60 days for the RERA authority to grant registration.But for me and my family, the wait for RERA registration for our dream apartment felt like a never-ending marathon. I had poured my heart and savings into this investment and every day, I used to anxiously check their emails and make countless calls to the RERA office.
Finally after 30 days, after what seemed like an eternity, the notification arrived – my RERA registration had been approved. I can share with you a breakdown of the timeline for RERA registration, based on my experience.
RERA Registration Time Limit
Submission of Application: This is the first stage of RERA registration where the developer submits the application for RERA registration along with all required documents and fees.
Scrutiny of Documents: Then, RERA authorities scrutinize the documents I submitted to ensure completeness and accuracy.
Verification of Information: In this step, the RERA authority conducted a physical site visit to the property site. If they do not visit, then they may request additional information from the developer.
Issuance of Registration Certificate: After all the above steps, if they find the submitted documents are satisfactory and the project meets the RERA regulations, the RERA authority issues the registration certificate.
This is the reason it takes approximately 30 days for RERA registration. I hope now you know how much time it takes for RERA registration.
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How Much Time it Takes for RERA Registration?
Jasmin
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2023-11-24T17:27:39+00:00 2023-11-24T17:27:39+00:00Comment
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