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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.
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 |
Particulars | Fees |
Any kind of Appeal under Section 44 | Rs.1,000 |
Complaint Fee | Rs.1,000 |
Step 1: Visit the official website of RERA Punjab.
Step 2: Click on the “Project Registration” tab.
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.
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:
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:
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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