Overview:
All Agents will have to be mandatorily registered with the TELANGANA state RERA Authority. Real estate agents will be given a registration number by the authority which will be valid for 5 years and will be quoted in every transaction facilitated by him.
Documents Required:
I. For Individual
Pan Card (Self Attested with Seal and Rubber Stamp)
Aadhar Card (Self Attested with Seal and Rubber Stamp)
Photograph
Income Tax Returns for last three financial years (Self Attested with Seal and Rubber Stamp)
Self attested letterhead along with rubber stamp on it (Self Attested with Seal and Rubber Stamp)
Acknowledgment receipt (Self Attested with Seal and Rubber Stamp)
II. For FIRM Registration
PAN Card (Attested by Authorized Signatory with Seal/Rubber stamp)
Firm Members/Directors/Partners PAN and Aadhar Cards
Particulars of Registration including the bye-laws (Attested by Authorized Signatory with Seal/Rubber stamp)
Memorandum of association (Attested by Authorized Signatory with Seal/Rubber stamp)
Self-certified copy of letterhead rubber stamp (Attested by Authorized Signatory with Seal/Rubber stamp)
Acknowledgement receipts proposed to be used by the real estate agent (Attested by Authorized Signatory with Seal/Rubber stamp)
Income tax returns of last 3 years or declaration (Attested by Authorized Signatory with Seal/Rubber stamp)
Payment to the RERA TELANGANA State:
If Agent is an individual, the registration charge for RERA is Rs. 10,000 (Ten Thousand) and it will be valid for 5 years.
If Agent is a company/Firm/Partnership/LLP/Etc., the registration charge for RERA is Rs. 50,000 (Ten Thousand) and it is valid for 5 years.
The renewal charges after completion of 5 years would be 50% of RERA registration fee exist on the day of renewal.