RERA Agent Registration in Haryana
Complete guide to registering as a real estate agent with HRERA under the Real Estate (Regulation and Development) Act, 2016
What is a RERA Agent Registration?
Registration as a Real Estate Regulatory Authority (RERA) agent is a requirement under Real Estate (Regulation and Development) Act, 2016, for any person or company working as a real estate agent. Real estate agents are defined as intermediaries who facilitate property transactions between builders and buyers. Upon successful registration with the Haryana Real Estate Regulatory Authority (HRERA), agents receive a unique registration number. The registration is valid for five years and can be renewed by submitting an application, which must be completed before the previous registration expires. The registration number must be included in all transactions that are completed by the agent.
Why is it needed?
The main objective of the RERA Act is to regulate the real estate industry and protect the interests of homebuyers. Agents must obtain a relevant registration number to operate legally, provide professional, fair and trustworthy services. By being registered, it promotes transparency and accountability as registered real estate agents are required to maintain books of accounts and documents to show their transactions. This legislative framework discourages fraudulent behavior and encourages fairness in practice.
Benefits
When agents register with HRERA, they receive several important benefits:
Legal Authorization
Registration grants the agent the official legal right to market and facilitate the sale of any RERA registered projects.
Enhanced Credibility
Having a RERA registration number will give an agent credibility and demonstrate their commitment to legal and ethical framework for building client trust.
Consumer Protection
The system protects buyers by ensuring transparency and providing a legal framework for addressing disputes.
Exclusive Access
Only RERA registered agents can conduct transactions for RERA registered projects, which creates additional business opportunities.
Regulatory Compliance
Registration helps the agent in staying compliant with regulations which means fewer risks of being penalized, blacklisted, or facing other legal actions.
Industry Recognition
It is an aspect of recognition to distinguish RERA registered from non-registered, giving agents a professional standing in the market.
Eligibility Criteria
An applicant qualifies for RERA registration in Haryana if they fulfill the following conditions:
- At least 21 years of age
- Citizenship in India
- Basic knowledge about the real estate industry
- Has not been declared bankrupt, insolvent, or of unsound mind
- The application can be made as an individual, company, firm or another type of business entity
Documents Required
Before proceeding with online application, applicants should have soft copies of the following documents.
For Individual Agents
- Photograph, PAN Card, and Aadhar Card in JPEG/JPG or PNG format
- Proof of residential address
- Proof of business address
- Copy of Income Tax Return, if any
- Educational certificates
- An affidavit attested by a Tehsildar
- Character certificate attested by a Gazette Officer
For Companies/Firms
- Photographs of all directors or partners
- PAN card and Aadhar card for all directors/partners
- Company PAN Card
- Proof of the registered office address
- Certificate of Incorporation
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Details of GST registration
- A copy of the Board Resolution (original)
Fee Structure
The registration and renewal fees for real estate agents in Haryana, as per a notification in May 2024, are as follows:
| Type of Agent | Registration Fee | Renewal Fee |
|---|---|---|
| Individual | ₹50,000 | ₹10,000 |
| Sole Proprietorship Firm | ₹50,000 | ₹10,000 |
| Other than Individual (e.g., Company, Firm) | ₹2,50,000 | ₹50,000 |
Steps to get registered
The registration will be mostly online, requiring only a physical submission of documents afterward.
Preparation
Carefully read the Haryana Real Estate Regulatory Authority (Registration of Agents), Regulations, 2018 available on the HRERA website and gather soft copies of all the required documents.
Create an Account
Visit the official HRERA Website (Panchkula or Gurugram as relevant), go to the link 'Agent Registration' and click 'Signup to register an agent' to register with a user id and password. The email id will be used as the login id.
Login and Fill Application
Log in using your new credentials and click 'Agent Registration' to complete the agent registration form. Start with 'Agent Basic Details,' and then proceed through each section.
Add Director/Partner Details
If it is a firm or company application, complete the required details for each director/partner as well as upload their photographs (if applicable).
Upload Documents
In the 'Upload Document' section, upload the soft copies of all documents needed for registration. Please note that all the documents with a red star are mandatory.
Pay the Fee
Once the form is filled out, you will be required to make the applicable registration fee payment online.
Review and Submit
Before you proceed with a final submission, preview the entire application first to check for errors or omissions as you will not be able to make changes after you submit. When you make a final submission, a Temporary Agent ID will be created by the system for your records.
Submit Hard Copies
Print two copies of the application, once it is finalized. You have to submit one completed set of the application form, plus hard copies of any documents that you have uploaded to the HRERA office.
Receive Acknowledgement
When the physical documents are delivered to the authority, a receipt will be generated, and the application processing will commence.
Track Status
You will be able to monitor the status of your application by logging into the HRERA portal.
Timelines
Registration Validity
The registration of an agent with RERA is valid for a period of five years.
Issuance of Certificate
Under the RERA Act, the RERA certificate must be issued by the department within 30 days after the due approval though this may vary at the discretion of the department.
Penalties
If you operate without registration or violate RERA regulations, you could incur severe consequences:
Daily Fines
If you act as an agent and provide false information about project details and information, you could be liable for a fine up to ₹10,000 per day, accumulated fine up to 5% of the project's cost.
Legal Action
Operating as an agent without a valid RERA registration can lead to heavy penalties and imprisonment. You also could be blacklisted.
Revocation of License
Your license may be suspended or revoked by the authority if it was obtained through fraud or you fraudulently misrepresented yourself after your license was obtained. The authority will provide you an opportunity to be heard prior to suspending or revoking the registration.
Commission Cap
Agents are not permitted to charge commissions greater than 1% of the property value and that commission must be divided equally between the buyer and seller.
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