Recently, I came across this query, is RERA approval mandatory for plots. So, let me tell you, yes, getting a Real Estate Regulatory Authority number is compulsory for the registration of plots in India. However, it depends on specific circumstances. Let me share more details I am aware of.
Is RERA Approval Compulsory for Plots?
The Real Estate (Regulation and Development) Act, 2016, mandates that all real estate projects, including plotted developments exceeding a certain size, must be registered with the respective State RERA Authority before they can be marketed or sold.
A RERA number is compulsory in the following cases:
If a real estate project involves land development exceeding 500 square meters or consists of over 8 plots, it must be registered with RERA.
Developers selling plots in a planned layout must obtain a RERA registration number before advertising or selling the plots.
Buyers should ensure the project has a valid RERA registration before purchasing a plot, as this ensures transparency, legal compliance, and protection under RERA laws.
If a land parcel is below 500 sq. m. or has less than 8 plots, it may be exempt from RERA registration.
If an individual is selling their personal plot (not as a developer), RERA registration is not required.
I hope you found this helpful.
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Hello,
As per the Karnataka RERA rules and regulations, all ongoing projects, promoters, and real estate agents need to be registered with the RERA. So, I suggest you buy a RERA-registered property only because real estate projects that aren’t registered are considered illegal.
What if Property is not RERA Registered?
How to Search Project on RERA Website?
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Is rera number compulsory for registration of plot
Dilip Tanaji Patil
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2022-09-05T11:13:17+00:00 2022-09-05T17:54:14+00:00Comment
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