RERA Registration
Bookmycompliance RERA Registration services are of premium quality at the most efficient rate, which suits the client’s pocket, making sure that quality service is not the only thing the client gains on our platform.
- Consultancy with RERA Expert
- Drafting of Documents
- Filing of application
- Hassle Free RERA Registration
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Table of Content
- Overview of Online RERA Registration
- Why to opt for RERA Registration Certificate?
An Overview of Online RERA Registration
To regularize the issues that arise in the real estate industry, the Real Estate Regulatory Authority (RERA) was founded. Prior to beginning any marketing, sales, advertising, or soliciting people to invest in a plot, apartment, or building, the Real Estate (Regulation & Development) Act mandates that the asset be registered (RERA Registered). Promoters of construction and buildings, as well as other middlemen including building companies, developers, real estate brokers, etc., are subject to the RERA legislation. To ensure responsibility and openness in the real estate sector, developers and agents are required to register with the Real Estate Regulatory Authority, or RERA.
You can rely on us to bring you comfort and guidance throughout the procedure.
Why to opt for RERA Registration Certificate?
Opting for RERA Registration for your company opens door to many benefits such as:
Uniformity : According to the conditions of the RERA Registration, the company is accountable for all of the promises it made during project acquisition.
Accountability : The company is liable for all of its promises made during project takeover under the terms of the RERA Registration. In addition, the owner has the right to protest to the broker or construction business if it is not followed correctly.
Transparency : The organization that is RERA-registered will be open and honest about every endeavor. The proprietor will be informed on a regular basis on the development of the project.
Legal status & benefits : The RERA Registration for either the project or the company offers legals status to the same.
Dispute/Grievance Resolution : The RERA Registration will also assist those working in this industry and registered to do so in resolving complaints resulting from projects. A distinct authority is instituted to settle disagreements between the involved parties.
Quality Assurance : Typically, builders promise quality up front then fall short of expectations.
Tribunal institution : In an effort to better serve those who are dissatisfied with the directives and rulings made by the RERA Authority, the RERA also established an appeal tribunal.
Structure of an LEI Code
The structure of a Legal Entity Identifier Code, which is standardised under ISO 17442, comprises a 20-character alphanumeric sequence. Here is a LEI code example:
- Characters 1-4: These always represent the identifier of the Local Operating Unit (LOU) that issued the LEI.
- Characters 5-6: These are always set to '00'.
- Characters 7-18: These characters are unique to each entity and differ from one LEI to another.
- Characters 19-20: These are check digits used for LEI verification purposes.
Related Business Registrations
In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to an Advisor to find out registrations your business may require post registration.
