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The Haryana Real Estate Regulatory Authority ( HRERA) was established to keep the accountability, transparency, and protection of the state's real estate market. The rapid growth in areas like Faridabad, Panchkula, Gurugram, and Karnal is increasing the necessity of RERA registration in Haryana to save consumer rights and consumers from getting scammed by Real estate. Legal Infinix can help you to get RERA registration in Gurgaon. Call us now!
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Why Is RERA Registration In Haryana Important?
The RERA Act was introduced with the main objective of protecting the interests of homebuyers by regulating the Real estate market. Real Estate Agents need to have the proper registration number to operate legally and provide competent, fair, and trustworthy services. The RERA Act requires maintaining records of their transactions and books of accounts of registered real estate agents. This promotes accountability and transparency between the client and Real Estate agencies, which discourages dishonest behaviour and encourages equity in practice. Connect with us to apply for Haryana RERA registration smoothly.Benefits Of RERA Registration In Haryana For Agents
These are some of the benefits you will get from the Haryana RERA registration:- Enhanced Credibility: Obtaining the necessary training and certification demonstrates professionalism and knowledge, which can boost customer confidence.
- Legal Compliance: Having an HRERA agent registration indicates that they work in the regulated industry, and they may be less likely to be penalized or involved in a legal dispute.
- Enhanced Market Confidence: A professional, regulated agent-based approach can help rebuild public confidence in the real estate market.
- Prompt Grievance Redressal: Haryana real estate buyers can file a complaint and get prompt redress if there are flaws or malpractice. This is the main advantage of the RERA Act. By going to the Haryana RERA website, they can also obtain comprehensive information about the builder and real estate brokers.
Documents Required For RERA Registration In Haryana
The documents list of Haryana RERA agent registration, company registration, and individual Haryana RERA registration have some differences. This is the list of basic documents you will require for each RERA Registration Haryana.
Personal Information:
- PAN Card of the agent (or partners/directors).
- Aadhar Card of the agent (or partners/directors).
- Passport-size photographs of the agent (or partners/directors).
- Proof of business address (e.g., rent agreement).
- Details of the firm (include name and registered address).
- In the case of a company or partnership, registration proof (e.g., Certificate of Incorporation or Partnership Deed) is required.
- Income Tax Returns (ITR) for the last 3 financial years.
Eligibility Criteria For RERA Registration In Haryana
Any people, business, or partnership firms that work as brokers for the sale and purchase of properties in a registered real estate project have to register themselves with the respective state authority.- Real Estate developers: Those promoters who initiate any new project, either residential or commercial, must get the project registered before advertising and selling its units.
- Real estate agents: Any agent involved in the sale, purchase, or booking of the registered projects must undergo Haryana RERA registration.
- Ongoing projects: Projects that were incomplete at the time of the registration of the RERA Act also need to be registered under HRERA.
Steps To Apply for RERA Registration In Haryana for Agent
The Haryana RERA agent registration can be simply done by just following these steps:- Visit the Official Website: Go to the official Haryana RERA portal.
- Navigate to Registration: click on the online Registration link on the homepage.
- Select Agent Registration: select the Register as agent.
- Create an Account: Choose the applicant type accordingly, as an individual or other than an individual, and fill in the requested details to create a new account.
- Fill Application and Haryanaload Documents: Once you have created your account, you will be able to log in to fill out a detailed application form and Haryanaload the required documents.
- Fees Payment: The registration fee, as applicable, should be paid through the online portal.
- Verification & Approval: The application and documents would be verified and approved by the RERA authority.
- Receipt of Certificate: The registration would be granted by the authority, and you would be issued the registration number on the RERA certificate after the verification of the application.
Haryana RERA Registration Fees
This is the expected figure of RERA registration Fees In Haryana:- Individual: For an individual RERA agent, the government registration fees are around Rs. 50,000.
- Other than individual: The registration fees for other individuals would be around Rs. 2,50,000.
Haryana RERA Agent Registration Renewal
The validity period of an HRERA agent registration is only for 5 years from the issuance date. You need to renew the HRERA licence every time after the duration of 5 years, by submitting a renewal application 60 days before the expiry date. If you failed to renew the HRERA agent registration and are found running business activities without it, then you will face legal actions such as penalties, court cases, and, in some cases, imprisonment.
Steps For Haryana RERA Agent Renewal
Connect with our consultant to know the exact charges for RERA registration Gurgaon.
- Log in to the RERA Portal: Visit the official Haryana-RERA portal.
- Fill Renewal Application Form: Fill in the online renewal application form.
- Haryanaload Required Documents: Submit all the necessary documents, including proof of active business operations and a copy of the previous RERA certificate.
- Pay Renewal Fee: Pay the prescribed renewal charges online.
- Submit Application: Review all details for accuracy and submit the application.
- Receive Renewal Certificate: The renewed certificate will be issued after approval from the RERA Haryana authority. You can later download it from the portal or receive it via email.
- Individual: For an individual HRERA agent, the government registration renewal fees are around Rs. 10,000.
- Other than individual: The registration renewal fees for other individuals would be Rs. 50,000.
Timelines
According to the RERA Act, the authority usually provides the HRERA certificate within a period of thirty days from the date of application. However, it is important to note that this is just a timeline, and the certificate may be issued before the timeline, or there will be delays due to the submission of incorrect documents or information. The registration will be valid for a period of five years.Penalties
Consequences of non-compliance with the HRERA regulation can lead to significant penalties for agents:- If an agent provides false information or misrepresents project information to a buyer, they can be charged penalties of Haryana of ₹10,000 for each day the default continues.
- Ultimately, they could be charged Haryana a maximum of 5% of the value of the total cost of the property or project.
- If an agent does not comply with the orders of the Appellate Tribunal, penalties may be charged as high as 10% of the project cost or imprisonment for a period of three years.
Why Choose US?
Legal Infinix provides HRERA licence registration services for real estate agents. Not only will you get all the help you require to get your HRERA registration, but you can also get help with your paperwork and application processing by experienced professionals. To get your HRERA agent licence quickly, get in touch with us now.
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