Buying a house is a serious financial decision, so you should review the project and its documents before you give any money.
Proper RERA checklist helps buyers to verify basic project details, registration, approvals and ownership information before making an investment.
If you are buying a new apartment, under-construction home or a residential property in Gurgaon, check the available RERA information to make a more informed decision.
What is RERA and Why is it Important?
The Real Estate (Regulation and Development) Act, 2016, was introduced with a view to improve transparency and accountability in the real estate sector.
RERA mandates registration of real estate projects and agents with the concerned state authority. Buyers can check the details available on the state RERA website before booking a property.
But RERA registration is not to be taken as the only property check. Buyers should also look at the title documents, approvals, agreements and other legal records.
RERA Checklist for Property Buyers
Verify RERA Registration Number
Obtain the RERA Registration Number of the project. Usually, it is on the project website, in advertisements and sales books, given by the developer.
Don’t just take the word of the salesperson. Search for the project on the official RERA website of the state and verify if the registration details are the same.
Kindly Confirm the Project Details
Verify project name, developer name, location, land area & registered project details verify the details given by the developer with the details available on the RERA portal. If there’s a big difference, check with the developer before you go ahead.
Confirm Timings of Ownership
RERA property verification includes Date of Registered Ownership.
If you are considering purchasing an under-construction property, verify the ownership date mentioned in the sales material and agreement with the details registered with RERA. Verbal promises of early ownership are not to be relied upon.
View Project Details & Approvals
Check the RERA record for approvals and project details. This may include approved plans, development details and other documents submitted, depending on the project and state.
Buyers need to be aware of what has actually been approved and what is still being suggested when making a major property investment.
Property Documents You Must Check Before Buying
RERA verification is only one part of the property due diligence. Buyers should also examine the ownership, construction and sale documents.
Ownership and Title Papers
Always find out who owns the land and if the developer has planning permission to develop and sell the property.
It is important to do title related checks as RERA registration does not replace independent verification of ownership and other legal rights.
Sale Agreement
Read the sale agreement carefully before you sign.
Check the apartment details, area, payment schedule, ownership terms, cancellation conditions and all other important clauses. Do not sign a contract without knowing your responsibilities.
Approved Building Plan
The approved plan should be compared to the plan being offered to the buyers.
Check the number of towers, floors, apartment plans and other major details. If there are any significant differences these should be discussed with the developer.
Property Ownership and Legal Details
Buyers should verify if the property or land has any outstanding legal or financial claims which could influence the transaction. For a high value purchase, it can be useful to get independent legal advice before signing the final documents.
Completion / Occupation Certificate
Check the relevant completion or occupancy documentation for a completed project where applicable.
This tells buyers if the finished development has received the required permissions to be occupied.
How to Check RERA Registered Project Online?
Generally, checking a RERA registered project is simple.
First of all, you have to visit the official RERA website of the state where the property is situated. Use the project search facility and input the project name, developer name or registration number
Open the project record and compare the registered details to the information provided by the developer. Check the project status, registered completion or ownership details and the project information available.
Make a booking and retain or download the relevant records for your own reference. Buyers need to check projects located in the state of Haryana on the official portal of Haryana RERA for the properties.
RERA Checklist for New vs Ready to Move Property
Depending on whether the property is still under construction or already finished, the checks could differ at times.
| Check | New / Under Construction | Ready-to-Move |
| RERA details | Verify registration | Project record check |
| Possession | Check registered timeline | Confirm actual possession |
| Project approvals | Available review details | Completed approvals check |
| Agreement | Please read before booking | Check sale papers |
| Physical inspection | Visit construction site | Actual property inspection |
| Payment | Match with agreement | Check on total amount |
A ready to move property gives you the opportunity to see the actual apartment and facilities around it. With a new project, buyers need to pay more attention to construction progress, ownership commitments and future plans.
Mistakes Buyers Need to Avoid
A common mistake is to check only the project guide and not the official records. Buyers should not make large payments before reviewing the agreement and other important documents. Another mistake is to assume that an RERA number means independent verification of all aspects of a property.
Don’t compare properties solely on the basis of the advertised price. Find out the land area, additional charges, parking, maintenance costs and other expenses to determine the actual purchase cost. And better to check out the place than to rely on online photos or sales talk.
RERA Verification for Gurgaon Property
Checking the RERA details is an important part of the buying process if you are buying property in Gurgaon.
Gurgaon has a wide variety of residential developments in places such as Dwarka Expressway, Golf Course Extension Road, SPR and New Gurgaon. Project details, construction stages and ownership timelines may differ considerably.
Before investing in the Gurgaon real estate, it is recommended to compare the project’s RERA record with the data shared by the developer. Buyers should also verify the exact location, connectivity, apartment size and total cost.
This is very important when looking at different new residential projects in Gurgaon, where you might not be able to move in for a few years.
Property Buying Final Checklist
Before booking a property, ensure you have checked:
- RERA registration and project details
- Developer and land ownership information
- Approved plans and project approvals
- Ownership timeline
- Agreement of sale
- Area of the apartment in carpet area
- Total cost of purchase
- Parking and maintenance fees
- Completion or occupancy documents for completed projects
- Physical location and surrounding development
If it is a large investment, you should look for independent legal and financial advice before signing the final agreement.
How to Pick the Right Property in Gurgaon
RERA verification gives you a better understanding of a project but also requires comparing location, price, home size, connectivity and future potential to select the right property.
Larisa Realtech helps buyers discover residential property, luxury apartments and new developments in Gurgaon while comparing options based on their requirements and budget.
Get in touch with us to explore the property options in Gurgaon and make a more informed decision when buying a property.
Conclusion
You should never make a decision to buy a property because of a guide, an advertisement or a salesperson’s promise. Buyers can check the details of the project and ownership by referring to the RERA checklist.
However complete property verification should include ownership documents, approvals, agreements, physical inspection and total purchase cost.
Taking these steps before booking can help buyers make a safer and more informed decision.
Frequently Asked Questions
RERA checklist has registration, project details, ownership information, approvals and other important checks that you need to make before buying a property.
2. How do I verify a RERA Registration Number?
Search using project registration number or project name or developer details to check projects on the official state RERA website.
3. What paperwork do I need to look at before buying a property?
Review ownership documents, approvals, sale agreement, project information and completion/occupancy documents as applicable.
4. Is RERA registration required for legalizing a property?
No, RERA verification is important but buyers should also verify ownerships, approvals, agreements and other legal documents.
5. How to know if a project is RERA registered?
Find the project on the state’s official RERA portal where the property is located.
6. What are the things that I should remember before buying a property in Gurgaon?
Check RERA details, developer track record, ownership, approvals, total cost, location, ownership timeline and sale agreement.
