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  • RERA Punjab

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  • The Real Estate (Regulation and Development) Act, 2016 came into effect on May 1, 2016, but all the provisions of the Act were fully implemented on May 1, 2017. The Act was primarily implemented to protect the interests of consumers in the real estate sector and also infuse transparency and accountability between the buyers and developers.

    One of the most important provisions of this Act is to establish a Real Estate Regulatory Authority (RERA) in every state, whose function will be to deal with matters concerning the real estate sector in that region. This requires a RERA website to be set up where builders and developers need to register their ongoing and upcoming projects and update the details of the same regularly.

    Furthermore, real estate agents also need to register on the RERA website and failure to do so will result in strict penalties. The RERA site also serves as a platform for grievance redressal, wherein the buyers can lodge complaints against the developers and have RERA authorities deliver their judgement on the same.

    In case the complainant is dissatisfied with the verdict, he/she can approach the Appellate Tribunal.

    Rera Punjab Fees and Charges  

    Registration Fee for Real Estate Agents 

    Type of Real Estate Agent  Registration Fee  Renewal Fee 
    Individual  Rs.5,000  Rs.3,000 
    Other than Individual  Rs.25,000  Rs.12,000 

    Other Charges 

    Particulars  Fees 
    Any kind of Appeal under Section 44  Rs.1,000 
    Complaint Fee  Rs.1,000 

    How to Register (Projects) 

    Step 1: Visit the official website of RERA Punjab

    Visit rera Punjab website

    Step 2: Click on the “Project Registration” tab. 

    select Project Registration

    Step 3: You will be redirected to a page where you have to create an account to register. 

    Step 4: Select from the given options—promoter, real estate agent, and complainant. 

    Step 5: Fill in the require fields and enter the given captcha. 

    Step 6: Click on the button “Create User” to create your account. 

    How to Register (Real Estate Agents) 

    Step 1: Step 1: Visit the official website of RERA Punjab. 

    Step 2: Click on the “Agent Registration” tab. 

    Step 3: You will be redirected to a page where you have to create an account to register. 

    Step 4: Select the type of user from the given options. 

    Step 5: Enter the given captcha and click on the button “Create User” to create your account. 

    Documents Required for Punjab RERA Real Estate Project Registration

    The documents required can be classified depending on the categories mentioned below:

    • Details of the Promoter: PAN number, Aadhaar number, company registration certificate, passport size photographs, information about the parent entities (if applicable) etc.
    • Financial Information: Profit and loss statement for the last three years, cash flow statement for the last three years, auditor’s report, annual balance sheet, etc. are attached.
    • Project Information: project specifications, amenities, start and end date of the project, litigation details (if applicable), development plan, documents that are to be signed with the allottees, etc.
    • Project Land Details: It includes land area, latitude and longitude of the start and end point, encumbrance details, title deed, and approved project plans also need to be attached.
    • Project Updates: It includes construction details, parking details, external development works, proposed facilities etc.

    Documents Required for Punjab RERA Real Estate Agent Registration

    All the relevant contact information of the real estate agent need to be supported with following documents:

    • PAN card
    • Aadhaar card
    • Income tax returns
    • Details of the enterprise
    • Duly filled form
    • Proof that registration fee has been paid (copy of the Demand Draft)

    Punjab RERA Address:

    Real Estate Regulatory Authority
    Punjab Mandi Bhawan, Ground Floor,
    Sector - 65-A, Mohali, SAS Nagar
    Punjab - 160062

    In case of any queries, you can always approach the office and get in touch with the officials. Alternately, you can also visit the official website and browse through the rule book and the frequently asked questions section for more information.

      

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