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RERA, short for the Real Estate Regulatory Authority, is a statutory body established to regulate the real estate sector in Punjab.Its primary aim is to protect the interests of homebuyers and promote transparency and accountability in the real estate industry.RERA Punjab ensures that developers adhere to timelines and deliver projects as promised.
RERA Punjab administers the Real Estate (Regulation and Development) Act, ensuring compliance by developers.
It maintains a public database of registered real estate projects, enabling buyers to access project details.
The authority resolves disputes between buyers and builders efficiently.
The RERA Act in Punjab lays down rules for project registration, disclosure of project details, and penalties for non-compliance.
Builders must provide accurate project information, including project status and completion timeline.
Type of Real Estate Agent | Registration Fee | Renewal Fee |
---|---|---|
Individual | Rs.5,000 | Rs.3,000 |
Other than Individual | Rs.25,000 | Rs.12,000 |
Step 1: Go to the official RERA Punjab website.
Step 2: Click on the "Project Registration" tab.
Step 3: You'll be redirected to a page to create a new account
Step 4: Choose the appropriate category: promoter, real estate agent, or complainant.
Step 5: Complete the necessary fields and enter the captcha code.
Step 6: Click on "Create User" to establish your account.
Step 1: Visit the official RERA Punjab website.
Step 2: Select the "Agent Registration" tab.
Step 3: Select your specific user type from the available options.
Step 4: Fill in the necessary details and the captcha code.
Step 5: Click on "Create User" to finalize your registration.
Information Required from the Promoter: This includes the promoter's PAN and Aadhaar numbers, the certificate of company registration, passport-size photographs, and details of any parent entities, if relevant.
Financial Documentation: Essential financial documents to be attached are the profit and loss statements, cash flow statements from the past three years, the auditor's report, and the annual balance sheet.
Details of the Project: This encompasses the project's specific features, amenities, projected start and completion dates, any litigation information if present, the development plan, and the documents intended for signing with the allottees.
Land Information of the Project: This section requires details such as the total land area, geographic coordinates (latitude and longitude) of the project's start and end points, information on any encumbrances, the title deed, and approved plans for the project.
Updates on Project Progress: This should cover details about the ongoing construction, parking arrangements, works related to external development, and any planned facilities.
In conclusion, RERA Punjab plays a pivotal role in ensuring transparency and accountability in the real estate sector. Its functions, rules, and regulations are aimed at safeguarding the interests of homebuyers.Additionally, understanding RERA compliance can be crucial when applying for a home loan.Speaking of which, if you're looking for a home loan to fulfill your dream of owning a property in Punjab, don't forget to explore various options and interest rates available in the market.
Service provided by Manoj Patel in Surat vesu Branch was helpful and because of his support we were able to close loan.
Home Loan | 23 Aug, 2024
Excellent A1 Services. The Lady at the Customer Desk is very Cooperative and helpful so that my work completed without the time frame. The name of the Lady is Amruta Pathak. God bless her and her family. Thanks and Regards for the entire team of Tata Capital.
Home Loan | 13 Aug, 2024
Very good & prompt service, and we have spoken to Mr. Manish also, and he always helps us to provide our request. Thank you, Ms Apurva Shende & Manish Padwal
Home Loan | 24 Jul, 2024
I'm happy with the service and the help I got earlier for foreclosure letter. Thank you so much & thanks to Alisha mam for her guidance.
Home Loan | 17 Jul, 2024
Special thanks to Mr. Avinash for his help rendered with full commitment to his job, answering the queries to me clearly, and follow up so that the work is done in given time to get customer satisfaction.
Home Loan | 02 Jul, 2024
Mr Avinash who handled my case is well experienced and has courtesy for customers' concerns. However, some of the Tata Capital products are very expensive when compared to other banks' ones!
Home Loan | 28 Jun, 2024
Start to end of my loan process was simple and guidance of your team members were to the point. My last communication was with Mr. MANOJ PATEL from surat branch he was very polite and helpful.
Home Loan | 20 Jun, 2024
We extend our heartfelt gratitude to Mr. Pravin Sagare, Senior Officer of Customer Service, for his exceptional service. His remarkable demeanor and professionalism during telephonic interactions with customers have been truly outstanding. Over the past two years, we have utilized various services, yet none have matched the quality provided by Mr. Sagare. We are deeply impressed by the exemplary service, due to this reaons we has influenced our decision to obtain a second home loan from TATA Capital Housing Finance Limited.
Home Loan | 07 Jun, 2024
I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.
Home Loan | 14 Mar, 2022
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Looking for a bungalow or an apartment? With Tata Capital Home loans, find a dream home and make it your reality. Ab aapke sapnon ka ghar aapke naam!
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