RERA requires every real estate project of more than 8 apartments or 500sqm to be registered with the state RERA authority before any sale, advertisement, or booking. It mandates 70% of project funds to be in escrow, prescribes penalty for delays, and creates a fast-track grievance forum for buyers.
For real estate brokers and small developers in India, RERA registration is mandatory before any marketing — including WhatsApp broadcasts about a project. The RERA registration number must appear on every advertisement, brochure, and digital communication.
State RERA authorities (Maharashtra MahaRERA, Karnataka KRERA, Telangana TGRERA, etc.) have varying enforcement strictness. Maharashtra is the most aggressive with builder penalties.