RERA (Real Estate Regulatory Authority) is the “Identity & Accountability” certificate for the real estate sector. For Builders, it is a mandatory license before you can even advertise, market, or sell a single unit. In 2026, RERA compliance ensures that 70% of project funds stay in a dedicated Escrow Account to prevent fund diversion, assuring buyers that their money is used only for construction.
Eligibility & Criteria
- Mandatory for projects > 500 sq. meters or > 8 apartments.
- Forms: Form A & B (Project Registration), Form G (Model Sale Agreement), Form H (Agent License).
- Penalty: * Builder: Up to 10% of total project cost or 3 years’ imprisonment.