Maha Rera Registration for Agents @ Rs. 990/- Only

What is MahaRERA

Maharashtra Real Estate Regulatory Authority (MahaRERA) governs the real estate sector in Maharashtra. It offers a Number of benefits to consumers, builders and real estate agents. The Real Estate regulation and development act, 2016, has been in force since May 2017 which is implemented to guide and supervise the real estate sector.

Know more about MahaRERA Agent Registration

Every Real Estate Agent who intends to facilitate the sale or purchase of any plot, apartment or building,as the case may be, in a registered real estate project which is sold by the promoter in anyplanning area of Maharashtra, shall have to apply for registration to Maharashtra Real Este Regulatory Authority (MahaRERA).With Foot2feet’s Rera consultancy services, Your Rera agent registration application will be approved within 3 to 5 working days.

Rera Registration Fees for Real Esate Agent

The Government fees are in accordance with Rule 11(3)ofmaharera act, for RERA agent registration for individual is cost around 10,590/- Rs Including Service tax. However, government Challan for proprietorship firm, Partnership firm, Society, LLP or Private limited Company It would cost around 1,00,590/- Rs Including Service tax.

Procedure to get Rera Broker Certificate

As you may have understood now, Rera Consultancy Services and Rera registration is crucial for anyone involved in the real estate industry. So, when you come to Foot2Feet.com looking for your RERA registration consultant, you shall find a team of professionals ready to work with you. We shall take care of the entire process, right from documentation to finally acquiring the RERA registration certificate. MahaRERA Agent Registration is an easy and fastest Online process. You just need to gather all the mandatory documents for registration. With Foot2feets Rera consultancy services, your Rera registration application will be approved within 3 to 5 working days from the date of application.

Documents Required for Rera Agent Registration

Following documents required for Real Estate Agent Registration as follows:

A)     Individual

·         PAN card

·         Aadhar card

·         Copy of ITR for last 3Yearsor Declaration

·         1 Passport size photo

·         Business address proof (If different from aadhar address)

·         Basic details of the real estate agent such as name, email id and contact numbers

·         Copy of Letterheads

           B)     For Proprietorship

·         PAN card

·         Aadhar card

·         Copy of ITR for last 3Yearsor Declaration

·         1 Passport size photo

·         Business address proof (If different from aadhar address)

·         Basic details of the proprietor such as name, email id and contact numbers

·         Copy of Letterheads

          C)     For LLP/Partnership Firm

·         Pan Card of Firm / LLP

·         Pan Card of all Partners

·         Aadhar Card of all Partners

·         1 Passport size photo of all Partners

·         Partnership Deed Copy

·         Certificate of Incorporation (only for LLP)

·         Address Proof of all Partners

·         Copy of ITR for last 3Yearsor Declaration

·         Business Address Proof if different from above

          D)     For Private Limited Company

·         Pan Card of Company

·         Pan Card of all Directors

·         Aadhar Card of all Directors

·         1 Passport size photo of all Directors

·         MOA and AOA Copy

·         Certificate of Incorporation

·         Address Proof of all Partners

·         Copy of ITR for last 3Years or Declaration

·         Business Address Proof if different from above

Benefits of MahaRERA Broker Registration

                Under the MahaRERA act, this state has numbers of registered real estate brokers who help boost real estate brokers business. While MahaRERA Act is proving beneficial for Maharashtra’s realty sector, it has also brought several benefits for real estate brokers registered under it. Followings are some benefits for MahaRERA broker Registration:

Empowerment to Complain –Brokers and promoters can now complain to the authority regarding any discrepancy in the industry or related transactions.

Flexibility- The Act also provides flexibility in terms of choosing the project delivery date. It has made operations convenient for brokers.

Authenticity Creation- MahaRERA authenticates brokers through certification, thereby, making this industry inviting for potential buyers.

To prevent Funds- Unlike previous practices, the Act enforces the creation of separate Escrow account for borrowers, thus, preventing insolvency.

Brings Professionalism- Establishment of this state authority has brought professionalism into the picture, strengthening the real estate industry. It has opened an option for people to join this industry as agents and brokers.

Renewal of Registration for Real Estate Agent

 A real estate broker whom registration has been granted under section 9 may, make an application for renewal of his registration at least sixty days priors of the expiry of the registration. The application shall be in form J and accompanied with the same fees and fresh documents as are applicable in case of new registration, Under the MahaRERA rules. Whereas, Renewal granted of registration to a real estate agent  shall be valid for a period of five years from the date of its renewal.

    FAQ about Rera Agent registration

1.      Is this registration transferable to another agent or to other state where agents intend to shift his office?

No. The registration is not transferable to another agent.

2.      Is MahaRERA registration compulsory for brokers?

Yes. The Rera not only makes it compulsory for agents to register with, but also binds them into dealing only with MahaRERA registered properties.

3.      Will the Registration of MahaRERA agent be operated in other states?

No. The registration is valid only for Maharashtra region. 

4.      Why Rera is required?

The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. You also can check more information here: Real Estate Regulation Act 

5.      What is the validity of Rera agent License/ MahaRERA Agent Certificate

The MahaRERA Agent certificate is valid upto 5 year from the date of its registration.

6.      What if promoter gives false information or documents to real estate agent andAgent acts upon such information, will he be liable?

The agent is liable if he makes a false or misleadingrepresentation concerning the services that he intends to offer.

7.      Does an entity like, partnership or private limited company, who has applied and paid registrationfees, need to apply separately for its staff?

No, as long as the staff operate under the aegis of the said entity.

8.      How much time it take to get MahaRERA agent certificate?

With foot2feets Rera consultancy services, you get application to MahaRERA just in 3 Hrs. Whereas you receive MahaRERA agent certificate within 3 to 5 Working Days.