RERA stands for Real Estate Regulatory Authority, a governing body that oversees the real estate domain. Homebuyers can access HRERA or RERA Haryana’s services with zero hassles through the governing body’s online portal. The main target of RERA Haryana is to ensure transparent and efficient buying and selling of plots, apartments, office spaces, commercial property, and retail spaces.
Haryana RERA is a regulatory authority established under the RERA Act for promoting and regulating real estate in Haryana. RERA falls under the jurisdiction of two independent authorities, Panchkula and Gurugram, in Haryana. You might be wondering why RERA is important for buyers and sellers. Let us look a the different services provided by RERA Haryana.
The Functions of RERA Haryana
According to the RERA Act, 2016, Section 34, the functions of the RERA authorities are as follows:
Haryana RERA offers services to both buyers and promoters within the state.
HRERA gives accurate information to buyers about every project registered with them. They also ensure transparency. Therefore, a promoter can sell flats, apartments, or houses to buyers only when the project is registered with HRERA per the applicable laws. Buyers can lodge official complaints against promoters when they face delays with project development.
A promoter or a developer is the builder of a real estate project. RERA assists promoters and developers such as Adani Realty with the promotion of registered projects within the jurisdiction of the Gurugram and Panchkula authorities of HRERA. Developers and promoters can also lodge official complaints against buyers when buyers default on their payments.
If you are a potential buyer and are wondering how to check RERA-registered projects, this is the best way to verify the list of RERA-approved projects:
Adani Realty, for instance, is a RERA-registered promoter that builds residential and commercial properties in Gurugram and other cities across India. You can download and verify RERA certificates for individual projects on the Adani Realty website.
Section 3 of the RERA Act states that no promoter shall advertise, market, book, sell or offer for sale, or invite persons to purchase, in any manner, any plot, apartment, or building, as the case may be, any real estate project or part of it in any planning area, without registering the real estate project with HRERA.
To check the RERA approval and registration status of a real estate project and its RERA number, follow the steps given below:
Mumbai’s real estate sector is set to face new trends in 2022.
Running a Registration Number and Project Status Check on RERA
Gurugram and Panchkula are the two regulatory authorities in Haryana. Gurugram RERA covers projects only in Gurugram, whereas Panchkula RERA covers projects in the rest of Haryana.
If you plan to buy a property in an HRERA-approved project, it is advisable to run a RERA registration number check and RERA project status check.
Haryana RERA updates its website regularly. You must check the website before making a property purchase decision.
While buying a property in Haryana, select HRERA-approved residential and commercial projects as their project documentation will be in place.
You will also receive regular updates from builders on the development on the HRERA website. HRERA will also examine issues such as delays in property possession or discrepancies in the agreement. Some of the projects registered with HRERA are Aangan, Samsara, Samsara Vilasa, Oyster Grande, Oyster Greens, and Oyster Arcade by Adani Realty, Gurugram. All Adani Realty projects are RERA certified – you can visit the website and verify RERA certifications for each residential and commercial project.
The rules and regulations of HRERA help buyers and developers follow the code of conduct and abide by the sales and construction rules and property promotion rules. Builders are more careful regarding legalities and paperwork due to this.
RERA Haryana has been established to resolve and address the grievances of builders and buyers. If you want to invest your money in a property in Haryana, check if the project is registered with HRERA. If it is registered on HRERA, it will have a valid project ID. Its other key details will also be published on HRERA’s official website.