Guidelines for Registration of Real Estate Projects
The Tamil Nadu Real Estate Regulatory Authority issued the Guidelines for Registration of Real Estate Projects to explain which projects require registration and how promoters must apply online. The guidelines require covered projects to be registered before a promoter advertises, markets, books or sells any plot, apartment or building.
What the guidelines govern
The Guidelines for Registration of Real Estate Projects explain the registration requirement under the Real Estate (Regulation and Development) Act, 2016. Registration is mandatory for projects meant for sale, whether freehold or leasehold, in these categories:
- Layouts with a land extent of more than 500 square metres.
- All commercial buildings.
- Residential buildings with a land extent of more than 500 square metres and more than 8 apartments.
A promoter of a covered project must register it before advertising, marketing, booking or selling any plot, apartment or building.
Online application process
The Tamil Nadu Real Estate Regulatory Authority requires promoters to apply through its website at https://rera.tn.gov.in/. The promoter must create an account, keep the registered mobile number and email address valid until registration is completed, log in and select the appropriate building or layout category.
For a building project, the promoter must enter the planning permission and building permission details. Form A has three stages:
- Promoter details.
- Project details.
- Payment details.
The registration fee must be paid online by credit card, debit card, net banking or UPI. The completed file must then be saved and submitted through the portal.
Documents and financial details
The Guidelines for Registration of Real Estate Projects require scanned documents to be uploaded in the relevant fields, including:
- Form B, containing the promoter's affidavit on Rs. 100 stamp paper in the prescribed format.
- Ownership documents or a general power of attorney carrying full sale power.
- A signed Joint Development Agreement for joint ventures, clearly dividing flats and undivided shares of land between the land owner and promoter.
- Required clearances, consents and No Objection Certificates.
- A Structural Stability Certificate for building projects.
- Planning authority approval, local body approval and the approved plan bearing the local body's seal and signature.
The promoter must correctly state the project cost, including land, approvals, registration, professional services, construction, advertising, promotion and incidental charges. Three accounts must be opened in a scheduled bank, a RERA Designated Collection Account for 100 percent, a RERA Designated Separate Account for 70 percent and a RERA Designated Transaction Account for 30 percent.
Carpet area and buyer information
The Tamil Nadu Real Estate Regulatory Authority requires flats to be sold only on a carpet area basis. Carpet area includes internal partition walls but excludes external walls, service shafts, exclusive balconies or verandas and exclusive open terraces.
The carpet area statement must disclose the apartment area breakdown, proportionate common area, undivided share of land and covered or open car parking. Land reserved for future development must also be separately identified.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does my residential project need Tamil Nadu Real Estate Regulatory Authority registration?
Registration is mandatory if the residential project is meant for sale, has a land extent of more than 500 square metres and contains more than 8 apartments.
Can a promoter advertise apartments before registering the project?
No. A promoter cannot advertise, market, book or sell a plot, apartment or building in a covered real estate project without registering it with the Real Estate Regulatory Authority.
Must a flat be sold based on carpet area?
Yes. The promoter must sell the flat only on a carpet area basis. Carpet area includes internal partition walls but excludes external walls, service shafts, exclusive balconies or verandas and exclusive open terraces.
What is required when the land owner and promoter are in a joint venture?
The land owners and promoters must sign a Joint Development Agreement. It must clearly state each party's share of flats and undivided share of land, and the promoter's undivided share must tally with the share conveyed through the general power of attorney with a sale clause.
