TNRERA Registration Process and Guidelines
TNRERA Registration Process and Guidelines
Investing in a property is a significant decision, and ensuring safety and transparency in real estate transactions is paramount for buyers. The Tamil Nadu Real Estate Regulatory Authority (TNRERA) plays a crucial role. Established under the Real Estate (Regulation and Development) Act of 2016, TNRERA is dedicated to regulating the real estate sector and addressing the challenges faced by homebuyers. As per the TNRERA Act, promoters must register their real estate projects before advertising, marketing, or selling any plot, apartment, or building. This registration process ensures that projects comply with regulatory standards and provides additional safety to property buyers. In this article, we will delve into the intricacies of the TNRERA Registration Process and approvals, including the registration process across projects covered under RERA.
IndiaFilings offers assistance in obtaining Tamil Nadu RERA registration for agents, ensuring seamless compliance with regulatory requirements.
RERA Act
The Real Estate (Regulation and Development) Act, 2016, commonly referred to as the RERA Act India, was introduced by the Government of India to instil legality and safeguard the rights of homebuyers within the real estate industry. Designed to address various challenges, such as project delays and fraudulent activities, the RERA Act establishes a regulatory structure prioritising transparency, accountability, and efficiency in the real estate sector. By doing so, it endeavours to streamline processes and enhance the overall experience for buyers.
Tamil Nadu Real Estate Regulatory Authority (TNRERA)
In 2017, the Government of Tamil Nadu instituted the Tamil Nadu Real Estate Regulatory Authority (TNRERA) as a statutory body, with a core focus on safeguarding the interests of homebuyers and developers while facilitating efficient dispute resolution. Additionally, TNRERA extends its jurisdiction to cover the Andaman Nicobar Islands. Tasked with overseeing the enforcement of RERA provisions within the state, TNRERA plays a pivotal role in regulating aspects such as registration, applicability, buying and selling processes, and more within the real estate sector.
TNRERA, or the Tamil Nadu Real Estate Regulatory Authority, serves as a crucial framework for protecting the rights of both buyers and sellers in the real estate sector. To ensure clarity and adherence to regulations, the rules in Tamil Nadu are organized into nine chapters, covering various aspects of real estate transactions.
These chapters outline several essential duties under the act, including:
- Verification of documents submitted by builders for property registration under TNRERA.
- Acceptance of disclosures from promoters regarding existing projects.
- Approval or rejection of RERA registration applications in Tamil Nadu following the act’s terms and conditions.
- Renewal of registration for agents and their applications.
- Systematic handling of complaint redressal procedures.
Who needs to register with TNRERA?
It’s mandatory for all commercial and residential real estate projects that surpass the land area limits outlined in the RERA Act, set at 500 square meters, to undergo registration with TNRERA.
Furthermore, projects comprising eight or more under-construction apartments must register with TNRERA.
Key Considerations for Real Estate Project Registration
- Commercial and residential development, as well as land development
- Projects exceeding 500 square meters or comprising 8 units; Projects lacking a certificate of completion before the enactment of the Act
- Projects solely dedicated to renovation, repair, or redevelopment, excluding reallocation or advertisement, sale, or new allocation of apartments, plots, or buildings across all real estate ventures
- Each phase must be treated as a distinct real estate project necessitating separate registration.
Documents Required for TNRERA Registration
When applying for TNRERA registration, applicants must furnish several essential documents, including:
For Promoter:
- Application for registration of project (Form – A)
- Declaration Form (Form – B)
- Registration certificate of project (Form – C)
- Intimation of rejection of application for registration or for extension of registration of project or revocation of registration of project (Form – D)
- Application for extension of registration of project (Form – E)
- Certificate for extension of registration of project (Form – F)
- Complaint to authority (Form – M)
- Complaint to regulatory authority (Form – N)
For Individual Real Estate agents:
- Application (Form – G)
- Registration certificate (Form – H)
- Intimation of rejection of application for registration or for renewal or for revocation (Form – I)
- Application for renewal of registration of real estate agent (Form – K)
- Appeal to appellate tribunal (Form – L)
- Complaint to authority (Form – M)
- Complaint to regulatory authority (Form – N)
For Company, Society, Partnership Firm, Trust, Development Authority, or Proprietorship Firm:
- Details of the enterprise, including its name, registered address, and type of enterprise (e.g., proprietorship)
- Particulars of registration include bylaws, memorandum of association, etc.
- Photographs of partners, directors, etc.
- Copy of the PAN Card
- Copy of the address proof
Any other information and documents as required by the Authority in regulations
Tamil Nadu RERA Registration online
Like other states, Tamil Nadu operates its own RERA website to facilitate seamless transactions and dispute resolutions under the stringent guidelines of the RERA Act. The Tamil Nadu RERA authority governs Tamil Nadu and the Andaman and Nicobar Islands. To register a project under TNRERA, follow these steps:
Visit the official TNRERA website to initiate the application process.
- Navigate to the online registration section on the webpage.
- Within the online registration section, find separate links for layouts and agents. Choose whether the application pertains to a firm or an individual.
- Alternatively, access the registration tab, where you can select from the drop-down menu whether the registration is for an agent or a project. For project assignments, indicate Tamil Nadu or Andaman as the location.
- Agents should proceed to registrations, select ‘Agents’, and then ‘Apply Online’.
- This action should prompt a login window. Click on ‘New Registration’ under the login section.
- Complete all mandatory fields. Essential Information Required for Real Estate Agents During RERA Registration:
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- Personal particulars of the agent, encompassing name, address, contact details, PAN card number, and Aadhar card number.
- Educational qualifications attained by the agent.
- Provide specifics about the real estate agency, including its name, address, contact information, and PAN card number.
- Disclosure of the types of properties the agent handles, whether residential, commercial, or industrial.
- Specification of the geographical area where the agent conducts business.
- The agent is currently engaged in comprehensive details of ongoing projects, comprising project names, addresses, and status updates.
- Affirmation of the agent’s clean record, ensuring no convictions for criminal offences.
- Acknowledge the agent’s commitment to adhere to the regulations and guidelines stipulated by RERA.
- Submission of scanned copies of the agent’s PAN card, Aadhar card, and a recent photograph.
- Furnishing of scanned copies of the PAN card and address proof of the real estate agency.
- Upload all required documents as per RERA regulations in Tamil Nadu.
- Pay the applicable fees, which vary based on the type of project being registered.
- Verify that all entered information and provided documents are accurate.
- Click the ‘Submit’ button to finalize and submit your RERA registration form.
How do you check Tamil Nadu RERA registered projects?
To check the Tamil Nadu RERA Registration 2024, you can follow these steps:
- Step 1: Visit the Tamil Nadu RERA website and navigate to the ‘Registration’ tab.
- Step 2: Hover over the ‘Projects’ option and select ‘Registered Projects of Tamil Nadu’ or ‘Registered Projects of Andaman.’
- Step 3: Choose a year between 2017 and 2024 to view the list of registered projects.
- Step 4: Further refine your search by entering project details, such as name, registration number, etc., in the search bar.
Conclusion
As we navigate the complexities of the real estate market in India, the RERA Act emerges as a beacon of hope for both homebuyers and developers. Through its stringent regulations and transparent processes, it seeks to bring about a paradigm shift in the industry, fostering trust and accountability at every level. With the establishment of TNRERA in Tamil Nadu, stakeholders now have a dedicated authority to oversee the implementation of RERA provisions, ensuring that all parties’ rights and interests are protected. As we move forward, continued vigilance and adherence to RERA guidelines will be crucial in building a robust and sustainable real estate ecosystem that benefits everyone involved.
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