Regulation
Reading a RERA registration properly
A registration number is not a rating. What it does tell you, where to check it yourself, and the four fields on the public record worth more than the brochure.
What registration is, and is not
nder the Real Estate (Regulation and Development) Act, a project of qualifying size must be registered with its state authority before it is advertised or sold. The registration number that appears in the corner of every advertisement is the proof that this has happened.
It is not a quality rating, an approval of the design, or a guarantee of the date. It is a key into a public record — and the record is the useful part, not the number.
The four fields worth reading
- The declared completion date, which is the date the promoter has committed to on the record rather than in a brochure.
- The sanctioned plan and the approvals obtained to date, which tell you what is actually permitted rather than what is rendered.
- The quarterly progress updates, which show whether the declared date has been revised and how often.
- The promoter's other registered projects, and the same three fields for each of them.
How to check it yourself
Every state authority publishes its register online, searchable by project name, promoter name or registration number. Type the number from the advertisement into the state's own site rather than following a link supplied with the advertisement.
If a project is being sold to you and its registration cannot be found on the authority's own register, that is the end of the conversation, whatever else is true about it.
