It is a major decision to buy a property, especially if it’s a project that is still under construction. The government created RERA to protect homebuyers. It is important that you check the RERA registration of any project before buying a plot or flat in Faridabad.
Faridabad’s real estate market is growing rapidly, with many new developments. This article will teach you the simple and easy way to verify RERA projects in Faridabad.
What is RERA? Why does it matter
RERA is the Real Estate (Regulation and Development) Act. The act was introduced to ensure transparency and safety in real estate transactions.
Why RERA is important for buyers
- Buyer protection from fraud
- Ensures timely project delivery
- Gives clear project details
- False promises made by builders are subject to strict controls
All residential and commercial projects in Faridabad must be registered with HaryanaRERA.
Is RERA registration mandatory in Faridabad?
Registration under the RERA is required for:
- Residential projects over 500 sq. Residential projects above 500 sq.
- More than 8 apartment projects
- Continued projects without a completion certificate
A builder who avoids RERA is a warning sign.
A Step-by-Step guide to verifying RERA property projects in Faridabad
Step 1: Visit Official Haryana RERA website
Visit the official Haryana RERA website. It is the most reliable and safest source for verifying any project.
You will find such options as:
- Registered Projects
- Register Promoters
- Registered Agents
Step 2: Find the Project Name
Enter the name of the project or the builder in the search box.
You will be able to see the following:
- RERA Registration Number
- Project Status
- Validity date
If the project is not displayed, then it means that it has not been registered.
Step 4: Review Project Details
Check the following information once you have opened the project page:
Verify for Important Details
- Location and sector of the project
- Total number of units
- Type of property (flats, plots, villas)
- Expected completion date
The builder should have told you what to expect.
Step 4: Verify Builder (Promoter) Information
Check the Promoter Details:
- Company name
- Previous project history
- Contact details
Do not invest if the builder has a history of completing or delaying projects.
Step 5: Verify legal approvals and documents
The RERA project page will also show documents that have been uploaded, such as:
- Details of land ownership
- Plans approved for layout
- Commencement certificate
The project will be legally approved.
How To Check RERA Registration Number On Ads
RERA Rules:
- Advertisements must include the RERA number
- Brochures, hoardings and other marketing materials must display RERA ID
Avoid any project advertisements that do not include the RERA number.
Verify RERA registered real estate agent
RERA applies to all property dealers.
Verify agent with these steps.
- Click on “Registered agents” to find out more.
- Enter the agent’s name or registration number
- Validity Check
Your transaction is safe when you deal with an agent who has been registered under the RERA.
Common mistakes buyers make when checking RERA
These are the most common mistakes that buyers make.
- Trusting builders’ words without online verification
- Checking for fake RERA numbers
- The project information does not match the project description
Verify directly on the official Haryana RERA site.
The Benefits of Owning a RERA-Registered Property In Faridabad
You get the following benefits when you buy a RERA verified project:
- Legal Safety
- Transparent pricing
- Possession on time
- Right to complain
You can directly complain to Haryana RERA if the builder changes or delays plans.
What To Do If A Project Isn’t RERA Registered
If you do not have a project registered,
- Paying for goods and services is not possible
- Ask builder for clarification
- Find other RERA approved projects
A non-RERA property can lead to legal and financial problems.
RERA and Builder Delays
If you are not in possession:
- The buyer can claim interest
- Cancellation by the buyer
- Online complaint form for buyers
RERA empowers buyers in Faridabad.
Final Thoughts
It is important to verify RERA projects in Faridabad. Spending a few minutes to check details can prevent you from experiencing years of frustration and financial loss. Only buy properties that are registered with Haryana RERA. Deal only with reputable builders and agents.
Smart buyers will always check first, and then invest.
FAQs
1. How can I verify if a Faridabad project has been registered under the RERA?
Search for the project on the official Haryana RERA site.
2. Does RERA apply to properties that are ready to move in?
Registration under the RERA is not required if there is already a certificate of completion for a project.
3. Can I trust the builder of a project that is RERA-registered?
RERA registration can increase trust but you still need to verify the builder’s history and documents.
4. Does RERA registration require plots in Faridabad to be registered?
RERA registration is required for all plotted developments that exceed the RERA limit.
5. What happens if a builder provides a fake RERA Number?
Check the Haryana RERA site before making a booking to ensure that the number is correct.
