If you are an agent, a developer or a homebuyer from Chandigarh, it is important for you to know about Chandigarh RERA as it not only safeguards prospective buyers’ interests but also validates properties for real estate agents and developers. This simplifies real estate transactions and prevents fraudulent activities.
The real estate industry witnessed some serious scams in the last decade. The agents would either fail to deliver their promises or leave their project in between. To ensure such scams don’t happen anymore, the Government of India designed a framework to improve the condition of the real estate sector. This framework of rules and regulations is called the Real Estate (Regulation and Development) Act, 2016 or RERA Act.
As per the Act, every state and Union Territory must set up an authoritative body whose sole purpose would be to regulate and govern all real estate affairs in the state. This authoritative body is known as the Real Estate Regulatory Authority (RERA).
In this blog, let’s learn about RERA Chandigarh, its functions, services, registration process and more.
RERA Chandigarh: An Overview
The Ministry of Housing and Urban Poverty Alleviation declared the RERA rules on 31st October 2016 for the Real Estate (Regulation and Development) RERA Chandigarh to protect buyer’s interests, ensure transparency, and improve professionalism in the real estate sector.
According to the rules of the Act, all real estate developers must register their projects and real estate agents to register themselves with the RERA authority.
In states like Punjab, Haryana, and Maharashtra, RERA Act has already left a significant impact, whereas, in some regions, it is yet to pick up the required speed and efficacy. Chandigarh is one such region where RERA has been launched but is yet to fuel things up.
Nonetheless, the rules for the governance of the real estate sector have been laid out wherein all real estate agents and developers are obligated to follow them.
For instance, real estate agents must register themselves with RERA Chandigarh. In the process, they have to furnish their contact details along with income tax returns, enterprise info, and any other document defined in the rules.
Similarly, real estate developers have to register their current as well as upcoming projects with RERA Chandigarh. This comprises providing details and the corresponding documents, including financial statements, contact details, development plans, title deeds, land encumbrance certificates, project plans, etc.
Moreover, by law, the promoters need to update the project details regularly.
The main authority that holds power to control RERA in all states and Union Territories is the Ministry of Housing and Urban Poverty Alleviation.
Functions and Services of RERA Chandigarh
RERA in Chandigarh mainly carries out the following functions:
- Registration of real estate agents.
- Registration of real estate projects.
- Ensures that complaints and grievances are rectified quickly and efficiently.
- Promotes transparency, accountability, and fair play in the real estate industry.
- Ensures that the developers update the project information regularly.
- Establishes a regulatory oversight system for carrying out contracts and agreements.
It’s quite understandable that with the inception of RERA in Chandigarh, potential homebuyers in the city can opt to buy flats, apartments, or homes without worrying about any delays and fraud.
Nevertheless, they can always approach RERA and appeal to the authority if they find themselves stuck in any fraud or delay in project delivery.
Besides, the plan for setting up an Appellate Tribunal to hear pleas on the verdicts delivered by RERA is in process. The Tribunal will look after the appeal of people dissatisfied with the orders/decisions made by the Adjudicating Officer or the Authority.
How to Register as a Real Estate Agent with RERA
Real estate agents can register themselves with RERA by following the steps described below:
Step 1: Visit the official portal of RERA Chandigarh.
Step 2: Click on the ‘Agent Registration’ option.
Step 3: You will be redirected to a new page containing Form G. Agents can register themselves by filling out the form.
Step 4: Pay a registration fee while filing for registration with the RERA authority. You can opt for a cheque or demand draft or online payment mode to pay the fee.
Step 5: After the fee submission, the application for the registration will be processed.
RERA Registration Fee for Real Estate Agents
A real estate agent registering with the RERA could be an individual or any other entity. The registration fees will differ according to the types of agents.
Here’s the fee structure for different real estate agents registering with RERA:
- A real estate agent registering as an individual must pay ₹ 10,000, and
- A real estate agent other than an individual must pay ₹ 50,000.
Steps to Register a Project with RERA Chandigarh
Developers who wish to register a project with RERA must follow the steps as enlisted below:
Step 1: Go to the official website of RERA Chandigarh, i.e. http://rera.chbonline.in/home.
Step 2: Click on the ‘Project Registration’ option in the menu bar.
Step 3: You will be directed to a new page containing a form. Fill up the form as instructed and attach all the required documents and information along with the undertaking.
Step 4: Now submit the registration fees as defined in the rules.
Step 5: Once you have submitted the fees, your application to register for a real estate project will be processed.
Documents Required for RERA Registration while Filing as an Agent
Agents must submit the following documents:
- Address proof of the place of business (must be registered).
- RERA agent registration form, which must be duly filled.
- Copy of the PAN/Address card of the agent.
- Details of the type of organization: whether it is Private Ltd., Public Ltd., Partnership, LLP, or Proprietorship Firm, along with the registration number comprising the bye-laws, MoA (Memorandum of Association), AoA (Articles of Association), etc. as the case may be.
- Name, address, photographs, and contact info of the real estate agent, if it’s an individual. In the case of other entities, the name, address, photographs, and contact info of the directors, partners, etc.
Validity of Registration
RERA registration shall remain valid until five years from the date of the receipt of the registration certificate. If the agent breaches the rules of RERA, the registration in between the validity period may be terminated.
Steps to File Complaints with RERA Chandigarh
Follow these four steps to file a complaint with RERA Chandigarh:
Step 1: Visit the official website of RERA Chandigarh.
Step 2: Select the “Complaint Registration” option.
Step 3: You will now be taken to a new page. Follow the instructions on the page and fill up the details as directed.
Step 4: Pay the required fee so that your application can be processed.
If you want to get your complaints or grievances addressed directly from the authority, you can contact them via phone or email. You can also visit the RERA office in Chandigarh to do the same.
Contact Details of RERA Chandigarh
If you have any queries, you can always contact the officials of Chandigarh RERA at their office at the address mentioned below.
On the flip side, you can also look for the Official Gazette published on the Chandigarh RERA website. This will help you understand all the rules and regulations related to real estate matters in the city.
You can also find a complete list of the frequently asked questions on the website.
Until then, have a look at the contact details such as the Office Address, Phone Number, and EmailEmail of the RERA Chandigarh below:
Email ID: | chb_chd@yahoo.com |
Phone Number: | 0172-4601722 |
Office Address: |
Real Estate Regulatory Authority
Chandigarh Housing Board, 8th January Marg, Sector 9 D, Chandigarh – 160009 |
Official website: | http://rera.chbonline.in/home |
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Frequently Asked Questions (FAQs)
How to register a real estate project with RERA Chandigarh?
Registering a real estate project with RERA Chandigarh is quite simple. First, visit the official website of RERA and select the ‘Project Registration’ option. Then, fill out the form on the next page and attach all the required documents and info along with the undertaking. Last but not least, pay the registration fee.
Is the Act functional for residential and commercial real estate?
Yes, every rule mentioned in the Act applies to residential and commercial real estate projects.
What are the obligations of the promoter concerning RERA registration?
The promoter must present all the project details during registration, as directed in Section 4 and Section 11 of the RERA rules published on the RERA portal. Once the real estate project registration is completed with Chandigarh’s RERA, it becomes mandatory for the promoter to update every information related to the project on the website every quarter. This is done to help buyers make an informed decision while choosing their abode or office.