Sponsored
    Follow Us:
Sponsored

Discover the documents and fees required for RERA Agent Registration in Haryana under the Real Estate (Regulation and Development) Act, 2016. Learn about the process, eligibility criteria, and fees applicable for individual and other entities. Ensure compliance with HRERA regulations for real estate agents.

Real Estate (Regulation and Development) Act, 2016.

What is RERA?

RERA or the Real Estate (Regulation and Development) Act, 2016 act passed by the Indian parliament protects the home buyers’ interests by regulating the real estate sector. After Parliament passed the central version of the Real Estate (Regulation and Development) Act 2016, states including Haryana started implementing their own version of the real estate law – HRERA, keeping the basics laid in the Union version.

RERA Act Haryana or Haryana Real Estate (Regulation and Development) Rules, 2017, came into force on July 28, 2017, while the HRERA portal was launched on October 4, 2018.

Applicability of the act on every broker

Any person who is acting as a broker or real estate agent requires the registration under Real Estate Regulatory Authority (“RERA”).

Further Applicant must attain the age of 21 years at the time of application for the license and shall not be bankrupt or insolvent or lunatic or unsound mind.

Without this License he shall not be treated as a valid broker. Government has mandate the license for each and every broker who is facilitating the sale or purchase of any plot, apartment or building, as the case may be, in real estate projects.

Real Estate Agent registered under section 9 of the Real Estate (Regulation and Development) Act, 2016

 According to section 9 of the RERA Act, it is important for any real estate agent to register itself with the RERA, without which he/she is not allowed to indulge in any kind of action related to facilitating prospective buyers and sellers into selling or purchasing their any kind of real estate property whether it is a plot or a building or an apartment. Further, for obtaining such registration, it is also required by the agent to apply for such registration with RERA by submitting a certain sum of fees and the required documents within a given time period. The authorities may grant registration on being duly satisfied that the conditions laid down by the RERA Act have been fulfilled. The authorities may grant a single registration to a real estate agent applicant for the entire State or the Union Territory or it may even reject any such application on the grounds of non-fulfilment of any rules as laid down under the RERA Act.

Documents and fees requied for RERA Agent Registration

But for any such rejection, the authorities are required to record the reasons and such rejection can also not be done without giving a due opportunity to the applicant of being properly heard. According to the rules of the RERA Act, if any such applicant’s application is not rejected within a period of 30 days, he or she is assumed to have been registered with the authority.

Documents required for Registration as Real Estate Agent under Real Estate Regulatory Authority (“RERA”) in Haryana.

Application be filed for each case like fresh-individual, fresh-company, renewal-individual, renewal-company)

For Individual

  • Pan Card
  • Income Tax Return copy, if any
  • Affidavit (Attested by Tehsildar)
  • Office Proof (Lease deed/Sale deed)
  • Character Certificate (Attested by Gazette Officer)
  • /Address Proof Director
  • Guarantor: with Property Dealer License, Passport size Photo and ID
  • 4 Photos.

For Pvt. Ltd./Ltd./Firm/Company

1. MOA & AOA of Company

2. Company Pan Card

3. Tax Copy

4. Certificate of Incorporation, Issued by ROC

5. List of Director on Letter Head

6. Form No. DIR – 12 of Director; Issued by ROC

7. Board Resolution (Original)

8. Office Proof

9. Director Character Certificate (Attested by Tehsildar)

10. D./Address Proof Director

11. 2 Guarantor: with Property Dealer License, Passport size Photo and ID.

12. 4 Photo Each Director

(Note: Colour Scanned Copy from original documents to be uploaded)

Applicability of Fees

In case of Off-line payment for real estate agent registration, please maken the payment through bank demand draft in favour of Haryana Real Estate Regulatory Authority” Payable at Gurugram.

For Online Payment through NEFT/RTGS payment shall be made as under

1 Account Name Haryana Real Estate Regulatory Authority, Gurugram
2 Bank Name ICICI Bank
3 Account Number 103101002050
4 IFSC Code ICIC0001031

Fees payable for categories in registration as per Schedule II

S.No Type of Agent Registration Fee Renewal Fee
1. For Individual 25,000 5,000
2. Other than individual including sole proprietorship firms 2,50,000 50,000

The real estate agent is required to note his/her registration number on any transaction assisted. It is also given under the RERA Act that any registration that has once been granted to any real estate agent as per the provisions of the act, such a registration shall remain valid for the specific given time duration and shall be renewable with the submission of required fees after specific time period as is prescribed by the rules.

It is also provided that any real estate agent who commits any kind of breach of any condition or rule that has been laid down under the act may have his/her license revoked by the Authority. In case the authority believes that such registration has been acquired by anyone through means of misrepresentation or fraud, the authority has the power to revoke any such registration of any such real estate agent or may suspend any such real estate agent for a specific time period. This power of the authority also comes with the clause that the real estate agent under the question must be given an opportunity of being fairly heard before any such action is taken against him or her.

Sponsored

Tags:

Author Bio

I am a corporate consultant and proprietor of M/s Pardeep Kumar & Associates, Company Secretaries. We are a ‘CORPORATE ADVISORY FIRM’ with a team of all kinds of corporate advisory professionals in India viz. Company Secretaries, Chartered Accountants, Advocates etc and a rich experience of View Full Profile

My Published Posts

Form DPT-3: Reporting Outstanding Loans & Borrowings | Companies Act 2013 Strike off of the Companies with new latest provisions Corporate Social Responsibility (CSR) & related provisions Buy-Back: A Strategic Decision Concept of Significant Beneficial Owner (SBO) View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Sponsored
Search Post by Date
November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930