RERA Chandigarh

The Real Estate (Regulation and Development) Act was issued across India back in 2016 to manage the real estate sector of the country and further improve it. According to the Act, all states and union territories are required to set up an authoritative body whose sole purpose would be to look after the real estate affairs of the region. This governing body was termed the Real Estate Regulatory Authority.

Once the act came into force, all states and union territories started working as per it. Chandigarh is no different, however, the progress and impact of RERA have been low here in comparison to some other states.

As per RERA act, the real estate developers need to register their ongoing and upcoming projects to RERA Chandigarh. It comprises all the details and corresponding documents, including project plans, development plans, contact information, financial papers, a title deed, land encumbrance details, et cetera. Moreover, the developers need to update the details of the projects from time to time.

RERA Chandigarh also requires real estate agents to register at the respective state RERA, their contact details, enterprise details, income tax returns, and other documents as specified in the rules.

Functions & Services of RERA Chandigarh

RERA Chandigarh was set up to fulfil certain responsibilities and look after the welfare of the real estate sector in the region. The following are the sanctions of the RERA Chandigarh 

• Registration of Real Estate Developers and Real Estate Agents

• Tracking and ensuring regular updates on the number of ongoing and upcoming projects in the state

• Making sure that all grievances are addressed timely and efficiently

• To ensure transparency, accountability and fair play in the real estate sector

• To setup up a regulatory body to look after the contracts

The RERA Chandigarh acts like a trusting body for the homebuyers in Chandigarh. They can confidently go about purchasing property in Chandigarh without fearing uncertainties, fraud, and delays. They can even lodge their complaints with RERA in case of any discrepancy. RERA will hear the case and pass their judgement. However, if any of the parties is dissatisfied, they can plea with the Appellate Tribunal for a hearing on the verdicts of the RERA.

How to Register a Project with RERA Chandigarh

In order to register your project with RERA Chandigarh, you need to follow a set of steps:

• Step 1: Visit the official website of RERA Chandigarh, http://rera.chbonline.in/home.

• Step 2: Then, you need to select ‘Project Registration’.

• Step 3: Next, fill up all the details as per the instructions and provide all the necessary documents mentioned along with the undertaking.

• Step 4: Pay the registration fees mentioned in the rules.

After successfully submitting the form and documents, your registration application will then be processed.

How to Register as a Real Estate Agent with RERA Chandigarh

A Real Estate agent can register with RERA Chandigarh by filling up Form G and paying the registration fees to the authoritative body via demand draft, cheque, or online payment mode. If you are an individual agent, a sum of INR 10,000 needs to be paid as the RERA registration fee. However, for others, the cost is INR 50,000 for RERA registration.

Documents Required for RERA Registration while filing as an Agent

Following documents are required in order to apply as an agent:

• A properly filled up RERA agent registration form

• Authentic address proof of the place of the business

• An authentic copy of the PAN card and Aadhaar card of the real estate agent

• Particulars stating the type of organisation, i.e., Pvt. Ltd./Public Ltd./LLP/Partnership firm/Proprietorship Firm, along with the registration number including the bye-laws, memorandum of association, articles of association, etc., as the case may be

• Name, address, contact details, and photographs of the real estate agent, in case of an individual, and the name, address, contact details, and photographs of the partners, directors, etc., in case of other entities

The registration certificate stays valid for five years from the date of issuance.

RERA Government Registration Fee for Real Estate Agents

The table given below represents the registration fee for applicants:

How to File Complaints with RERA Chandigarh

In order to file a complaint with RERA Chandigarh, please follow the below mentioned steps:

• Step 1: Visit the official website of RERA Chandigarh, http://rera.chbonline.in/home

• Step 2: Then select the ‘Complaint Registration’ tab.

• Step3: You will notice a set of instructions are given, follow them and write down your complaint along with the details.

• Step 4: Next, pay the application fee to start the processing of your complaint.

Contact Details of RERA Chandigarh

If you wish to contact RERA Chandigarh, you can call them or directly visit their office as per your requirements.

• Address: PQWP+JR7, 9-D, Sector 9, Chandigarh, 160009
• Phone: 0172 460 1722

Conclusion

In this article, we have elaborated on what RERA Act in Chandigarh is, its objectives, benefits, fees, and the services you can avail of. If you register on the official website of RERA, you can check a host of services, including the complete list of registered projects, expiry of projects, projects revoked, and even file a complaint. If you want to purchase a plot or property, you can visit the Bajaj Markets website to avail housing loans.