The Real Estate Regulation and Development Act (RERA), passed in 2016, is aimed at regulating activity in real estate, in addition to bringing greater transparency in the space. The Act made it mandatory for state governments to set up their respective Real Estate Regulatory Authorities (RERAs).
The MP RERA website is host to useful information about a given project to buyers, such as:
- General information about the project such as the type of the project, area of the land the project is built on and the start and end date (both proposed and actual) of the project.
- Detailed information about the promoter of the project including address and contact details, and a list of all projects registered with the promoter.
- Information about the units present in the project, such as their construction and booking progress.
Apart from what is mentioned above, the user has access to more information such as that about consultants associated with the project, and the list and copies of different permits linked to the project.
How to Search for a RERA Registered Project in Madhya Pradesh Online?
Step 1: Go to the Madhya Pradesh RERA Website at https://www.rera.mp.gov.in/
Step 2: Hover over the “Projects” option on the men, and click on “All Projects”.
Step 3: A variation of the following is returned. You can now enter the name of your project in the relevant field and select whether the project is ongoing or completed in the “Select project type” field.
Upon entering the aforementioned details, you can select the district your project is located in, and click on “Search”.
Step 4: A table with the results including the name of the promoter, the district the project is located in, and its status is returned. Click on “View” under the Details column to view more information about the project.
A variation of the following is then returned. Information about the project such as its proposed and actual start date, ownership information, costs associated, and the location of the project is present in the Project Information table.
Apart from this general information, you would have the option to look up the promoter (or builder's) details including contact information of key personnel, and previous experience in terms of projects built.
Information about the units in the project (as pictured below), is present at the bottom of the page.
At TEAL, we are building the next generation of property due diligence using big data analytics and machine learning. We provide reliable information about property ownership, registration status, disputes, tax compliance history and all other information that you will need to make a safe and secure property investment. To learn how TEAL can help you in your journey, get in touch with us.