RERA Registration mandatory for Property Dealers
By Admin 2018-12-27 16:27:33

RERA Registration mandatory for Property Dealers

Real Estate Dealers and Agents act as main Mediator in Property Dealing. To save people from Fraud in Real Estate Sector RERA has made it mandatory for all real estate dealers and agents to have RERA Registration.
RERA Authority has also stated that all property dealers need to mention their RERA Registration number in their offices as well as on their visiting cards and has also mentioned that those who will not follow this, RERA will take strict action against them.
According to RERA authority this step has been taken to bring more transparency in the Real Estate Sector as well as save customers from Fraud.
RERA Registered dealers will only be able to deal with RERA Registered Projects.
News Source-Times of India

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