Work Only with Registered RERA Agents – It’s the Law

As per the Real Estate (Regulation and Development) Act, 2016 (RERA), it is mandatory that only certified and registered RERA agents are permitted to engage in the business of selling, purchasing, or facilitating transactions of real estate projects. According to Section 9 of RERA, every real estate agent must be registered with the respective State RERA Authority before carrying out any activity related to the sale or purchase of property. This registration is not optional but a legal requirement to ensure that only credible and accountable agents are involved in the sector. Furthermore, Section 10 of RERA clearly specifies the functions and duties of registered agents—such as maintaining proper records, refraining from unfair trade practices, and ensuring that no transactions take place in unregistered projects. For promoters and builders, this means that they are legally bound to conduct business only through certified RERA agents, and for buyers, it provides the assurance that their dealings are protected under the law. Additionally, Section 62 of RERA prescribes penalties for non-compliance, where agents operating without registration can face fines of up to ₹10,000 per day during the default, extending up to 5% of the project cost. This strict regulatory framework ensures that only registered agents can legally operate, thereby safeguarding consumer interests, eliminating fraudulent practices, and bringing transparency, professionalism, and trust to the Indian real estate market.