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Q.

Is rera number compulsory for registration of plot

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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:

  1. If a real estate project involves land development exceeding 500 square meters or consists of over 8 plots, it must be registered with RERA.

  2. Developers selling plots in a planned layout must obtain a RERA registration number before advertising or selling the plots.

  3. 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.

  4. If a land parcel is below 500 sq. m. or has less than 8 plots, it may be exempt from RERA registration.

  5. 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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What if Property is Not RERA Registered?

0 2022-09-05T17:32:35+00:00

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?

Take the Help from NoBroker’s Legal Experts if You Want to Check the Legality of the Plot

 

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