The Real Estate Regulatory Authority (RERA) was established by the Government of India to regulate the real estate sector. These days, potential buyers check whether the property and the developer is registered under RERA. The question arises ‘Is RERA approval mandatory for plots’? Keep reading to know more.
Know what is RERA certificate from the expert at NoBroker. Invest in RERA-approved properties by opting for NoBroker buyer plans. Is RERA approval mandatory for plots?
RERA Act has listed cases and instances where a project needs approval from the regulatory body and when a project doesn't. This means developers cannot sell, advertise or market their projects without RERA approval and registration.
Is RERA registration mandatory?
Under section 3 clause (2) sub-clause (a) of the Real Estate (Regulation and Development) Act, 2016, all real estate projects are required to be registered under RERA if the area of land proposed to be constructed exceeds five hundred square metres or the number of apartments proposed to be constructed exceeds eight.
If the project is being constructed on an area less than five hundred square metres or the number of apartments which are to be constructed on it is less than eight, no registration is needed.
Apart from the mandatory registration, RERA also requires developers to provide all the necessary information related to the project, such as layout plans, timelines, and the status of approvals, on the RERA website.
Is RERA approval mandatory?
RERA approval for plots and projects in the following case:
Criteria |
RERA Approval Required |
Plot Size |
Above 500 sq. meters |
Number of Apartments |
More than eight |
Advertising/Selling |
Not allowed without RERA registration |
This means developers cannot sell, advertise or market their projects without RERA registration.
Read more:
What are RERA-approved properties? How to check RERA registration?
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Is RERA approval mandatory for plots?
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2023-04-18T13:51:29+00:00 2023-09-21T15:13:02+00:00Comment
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