The 8-point RERA verification framework that protects you from delayed possession, undisclosed liens and construction shortcuts.
The Real Estate Regulation Act (RERA), 2016 is your biggest legal shield when buying under-construction property. Here’s how to use it right.
1. Cross-check the RERA registration number
Every project sold under RERA must have a unique registration ID (e.g. MahaRERA P51600123456). Verify it on maharera.mahaonline.gov.in before paying any token. If it’s not registered — walk away.
2. Confirm the project stage
The RERA portal shows quarterly progress reports. Delays past the RERA-registered possession date automatically trigger interest at MCLR + 2% payable to buyers.
3. Read the sample sale agreement
RERA mandates a model sale agreement — check for the possession date clause, delay penalty formula, defect liability period (5 years) and carpet area (not built-up).
4. Verify the escrow account
RERA requires 70% of buyer payments to be parked in a project-specific escrow account, usable only for that project’s construction and land cost.
5. Check the Approved Plans upload
RERA portal has copies of approved building plans, tower NOCs, environmental clearance, layout approvals. If missing — red flag.
6. Look up complaints history
Search the builder’s promoter name for past RERA complaints, penalties or de-registrations.
7. Ensure carpet-area disclosure
RERA outlaws “super built-up“ area sales. Price must be quoted on carpet area (which is 20-30% smaller). This alone can save you ₹10-25L on a ₹1Cr flat.
8. Retain the RERA number in the sale deed
The registration number and possession date must be quoted verbatim in the registered sale agreement.
