Registration of Real Estate Agent under RERA for Karnataka

registration-for-agents-under-rera-karnataka

As per Karnataka Real Estate (Regulation & Development) Rules, 2016, Every real estate agent who deal in RERA registered projects shall be required to get registration under RERA. He shall make an application in writing to the Authority in Form G, in triplicate, until the application procedure is made web based.

RERA Registration Fee

The real estate agent shall pay a registration fee at the time of application for registration by way of a demand draft or a bankers cheque drawn on any scheduled bank or through online payment, as the case may be, for a sum of

  • 25,000/- in case of the applicant being an individual or
  • 2,00,000/- in case of the applicant other than an individual
Documents Required for RERA Agent Registration
  • The brief details of his enterprise including its name, registered address, type of enterprise (proprietorship, societies, partnership, company etc.);
  • the particulars of registration (whether as a proprietorship, partnership, company, society etc.) including the bye-laws, memorandum of association, articles of association etc. as the case may be;
  • Name, address, contact details and photograph of the real estate agent, if it is an individual and the name, address, contact details and photograph of the partners, directors etc. in case of other entities;
  • The authenticated copy of the PAN card of the real estate agent;
  • The authenticated copy of the address proof of the place of business:
  • Any other information as may be prescribed

Validity of Registration

The registration for real estate Agent shall be valid for 5 years until it is revoked. The registration can be extended as per the prescribed rules.

Author- Team RERA Consulting rera@centrik.in

For, Centrik Business Solutions Pvt Ltd.

Note – Please note that the above article is for education purpose only. This is based on our interpretation of laws which may differ person to person. Readers are expected to verify the facts and laws

Leave a Reply

Your email address will not be published. Required fields are marked *