The Real Estate Regulatory Authority or RERA is a governing body, established with the intention of bringing in more efficiency and integrity in the functioning of real estate businesses. For buyers, it works as a safeguard, providing information regarding registered projects as well as ensuring commitment to the regulations of real estate.
In Haryana, the RERA has two main bodies: HRERA Panchkula and HRERA Gurugram which deal with specific areas of Haryana respectively. Let’s explore more to know how one can check the status of a project’s RERA registration in Haryana.
What is Haryana RERA?
Haryana RERA came into force with provisions of the RERA Act of 2016 aimed at ensuring transparency and regulation of dealing in property. The government body monitors initiatives across the Haryana region with an emphasis on guaranteeing that developers offer potential consumers a precise explanation of prospects.
The regulatory authority of Haryana is divided into two divisions – Panchkula and Gurugram, based on geographical locations. The existence of these bodies assists in protecting buyers from fraud and unregistered projects by providing a legal interface that a buyer can use to verify property information.
What are the Roles and Responsibilities of Haryana RERA?
Haryana RERA plays a crucial role for both buyers and developers. It includes:
- Project Registration: RERA makes it compulsory for all projects that exceed 500 sq meters or eight units to register with HRERA. This registration helps the buyers to have confidence that the particular projects are legal.
- Transparency and Public Records: The online portal developed by RERA has specified details of the project such as approval, duration, penalty if levied, compliance details, etc. This information is disclosed to the public, allowing buyers to have adequate information with which to make decisions.
- Dispute Resolution: HRERA provides a smooth method for the settlement of disputes between buyers and developers in order to make sure compliance and integrity in the real estate sector.
Why is Haryana RERA Registration Important?
Both the buyer and the developer benefited from RERA registration in Haryana. For the buyers, it brings the provision of knowing the progress made on the project they have invested in so that they can face fewer hindrances in the possession of the property and also get a way to seek remedies in case they have been wronged.
From the developer’s side, the implementation of RERA increases credibility and is especially valuable in fully competitive markets such as Gurugram. Failure οn the other hand has severe penalties such as fines and at times legal action.
How to Check RERA Registration of a Project in Haryana?
To confirm the registration number of any project under Haryana RERA, the official website of Haryana RERA offers a convenient interface. Here’s how you can check RERA registration for projects in both Gurugram and Panchkula:
Step 1: Access the Haryana RERA Website by following the link: https://haryanarera.gov.in
Step 2: Depending on the location of the project, select either ‘HRERA Gurugram’ or ‘HRERA Panchkula’ from the home page.
Step 3: Navigate and click on the ‘Projects’ button. This section provides information on all the projects registered with the company.
Step 4: After that, through the ‘View Certificate,’ the user is provided with a PDF format document with details regarding the particular project such as the project number, compliance data, and much more.
What is the Requirement for the Separate RERA Bench for Gurgaon?
The real estate sector of Gurgaon is highly developed and competitive, which has led to increasing numbers of RERA-dedicated benches for Gurgaon. This bench is solely dedicated to addressing cases and disputes that concern the city hence turning into a one-stop hub for addressing any such issues.
The Gurgaon RERA Bench has important functions regulating and mediating the compliance of RERA norms and disputes between buyers and developers, which increases investors’ trust in the compliance and quality of projects in this area.
What are the Advantages of Buying RERA-Registered Projects in Haryana?
Opting for an RERA-registered project in Haryana comes with several benefits:
- RERA registration means all requirements as per the law have been met by the developer making the processes legal and free from any future legal hitches.
- RERA enables the buyers to have additional comprehensive data about the project thereby eliminating the possibility of encountering inadequate or unreliable information.
- If there is any problem, the buyers can take their grievances directly to HRERA, which speeds up the processing of the complaint.
- RERA-certified developers are supposed to report to the buyer periodically about the stipulated project progress and any delay that might occur.
Conclusion
To be on the safe side, checking the status of RERA registration is important while investing in property in Haryana. Through HRERA registration, you mitigate risks that can affect your investment since the necessary information you need for the project is outlined and the laws regulating the projects are clearly observed.
If you are trying to check whether a particular project in Haryana is genuine or not, you can follow the steps described in this blog to check if it is registered under RERA and invest more securely.