Why Checking RERA Status is Crucial
RERA aims to promote transparency and protect buyers from fraudulent developers. If the area of the property is more than 500 square meters, the builders should register it under the RERA Act, before launching or advertising a project. Checking a project's registration ensures that your investment is secure and legally compliant.
Step-by-Step Process to Check RERA Status
Homebuyers can easily verify project and builder credentials online. Follow these steps to check the RERA registration status:
Step 1: Visit the Official State RERA Portal
Always use official '.gov.in' portals. Each state maintains its own RERA portal. For example, in Maharashtra, go to mahaRERA.maharashtra.gov.in, or for Uttar Pradesh, visit up-RERA.in.
Step 2: Navigate to Project Search
Look for options labelled "Registered Projects," "Search Projects," "Project Status," or "Verify Registration". Under the 'Registration' tab, click on 'Registered Projects'.
Step 3: Enter Search Details
You can search using various parameters:
- RERA Registration Number: This is the most accurate method.
- Project Name: Enter the complete name with the exact spelling.
- Developer/Promoter Name: Useful for assessing the developer's track record.
Step 4: Review the Information
Once the project appears in the search results, click 'View' to see various details. You should specifically examine:
- Registration Status: Confirm an "Active" status.
- Completion Date: Check the developer's committed timeline and proposed completion date.
- Legal Documents: Review uploaded documents like the Commencement Certificate, Building Plan Approval, and the Draft Sale Agreement.
Red Flags to Watch Out For
While checking the portal, be on the lookout for quarterly progress reports and past complaints. Multiple unresolved complaints or missing quarterly construction updates signal serious issues with the developer. Additionally, verify that the carpet area configurations listed on the RERA site perfectly match what the builder promised in their marketing brochures.