For Real Estate Agents, RERA is a Professional License required to legally broker or facilitate the sale of any RERA-registered property. Without this registration, you cannot legally charge a commission or represent a builder. It transforms you from a “broker” to a “Authorized Professional,” building immense trust with homebuyers who check the RERA portal before dealing with agents.
Eligibility & Criteria
- Mandatory for anyone facilitating a sale in a RERA-registered project.
- Penalty: ₹10,000 per day or up to 5% of the property cost involved.