
HRERA (Haryana Real Estate Regulatory Authority)
We simplify the HRERA/RERA Registration process for you!
In 2017, the Haraya Real Estate Regulatory Authority (HRERA) was established to safeguard the interests of homebuyers and promote ethical transactions in the real estate market. HRERA has two separate jurisdictions in Panchkula and Gurugram, which supervise transactions related to the sale and development of property in their respective areas. However, the regulations are not applicable to renting a property.
It is mandatory for builders and real estate agents to comply with HRERA. Developers and builders must provide a copy of their license and the schedule of the land, proof of ownership of the licensed area, details of the project and the authority under which it is registered, approved zoning plans, a complete set of the last approved building plans, and identity proofs such as Aadhar, Pan card, etc. Real estate agents must provide details of their company, including its name, type, and contact information, photographs of the owner or partners or directors, proof of address of the company, and details of the bye-laws, articles of association, and memorandum of association to which they comply.
HRERA helps eliminate malpractices in real estate transactions by standardizing the definition of carpet area, which is used to calculate the price of a property. Builders cannot overcharge for a property as the method for calculating the carpet area is clearly defined by HRERA. The builder is responsible for providing detailed information about the property, such as the plan of execution, plan layout, stages of completion, and the status of water and electricity connections, sanitation, etc. Additionally, the buyer will not pay more than 10% of the cost of the apartment in advance before the builder enters into an agreement of sale.
If defects are detected within five years after possession of the property, the builder is held responsible for their cost-free rectification within 30 days; otherwise, the buyer has the right to claim compensation. In case of a delay in possession, the buyer has the right to demand full refund along with interest payable or compensation from the builder with interest payable from the due date of completion of the project.
Any grievances against the builder will be addressed by HRERA, and if the buyer is not satisfied with the order, they can file an appeal with the Appellate Tribunal. Penalties for non-compliance with HRERA are severe and include imprisonment, fines, or both. Our team has an in-depth understanding of the HRERA registration procedure, and we can simplify the process for you.