services
RERA services ensure transparency & accountability in the real estate sector through project , agent registration, compliance monitoring, & grievance redressal.
SERVICES FOR BUILDERS & DEVELOPERS
SERVICES FOR FLAT BUYERS ALLOTTEES /SOCIETIES
REAL ESTATE TAX & ACCOUNTING ADVISORY
lEGAL & TECHNICAL
DOCUMENTATION
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Frequently Asked Questions
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What is RERA and why is it important?
RERA (Real Estate Regulation and Development Act, 2016) is an Indian law created to protect homebuyers and ensure transparency and accountability in real estate projects.
- It prevents fraud, false promises, and project delays.
- Buyers can verify project approvals, layouts, and progress online.
- Provides a fast legal mechanism to resolve disputes.
- Promotes trust between buyers and developers
Who must register under RERA?
- Promoters / Developers: Must register projects that meet RERA thresholds.
- Real Estate Agents: Must register to sell or market registered projects.
- Buyers / Homeowners: Do not register, but should always verify the project and promoter registration before investing.
What is the time limit for registration?
- Projects must be registered before any sale, booking, or advertisement.
- Registration remains valid until project completion.
- Developers must update quarterly progress reports on the RERA portal.
What penalties apply if RERA rules are violated?
- Selling/advertising without registration: Up to ₹10 lakh fine
- Continued violation: ₹5,000/day until compliance
- Deviating from approved plans or misleading buyers: Up to 5% of project cost
- Real estate agents promoting unregistered projects face similar fines
How can PARIMAN RERA help you?
- Project registration and documentation
- RERA Advisory
- Quarterly updates and reporting to RERA authorities
- Filing complaints or legal guidance under RERA
- Ensuring your investment is safe and transparent
