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RERA Registered vs. RERA Approved Project: Know the Real Deal Before You Invest!
When it comes to buying your dream home or investing in a real estate project, you've probably come across terms like "RERA Registered" and "RERA Approved". But wait! Are they the same? Absolutely NOT. And here's why it matters more than you think.
Myth Buster:
There’s no such thing as "RERA Approved"!
That’s right — many builders use the term "RERA Approved" as a marketing gimmick. But under The Real Estate (Regulation and Development) Act, 2016, there's only one legal status:
RERA Registered – and this is what really matters.
Let’s Break It Down – RERA Registered vs. “RERA Approved”
|
Feature |
✅ RERA Registered Project |
❌ "RERA Approved" Project (Misleading) |
|
Legal Recognition |
Legally recognized by the respective State RERA Authority |
No legal meaning – not recognized by RERA |
|
RERA Registration Number |
Issued after submitting verified project documents |
Usually none or fake/used just for advertisement |
|
Details on RERA Website |
Transparent details like layout, timelines, approvals, finances |
Not available on official RERA website |
|
Accountability |
Builder accountable under the law |
No legal accountability if project isn’t actually registered |
|
Track Record Check |
You can verify everything online |
You are left in the dark |
Why This Matters to You, the Buyer:
- Loan Eligibility: Banks usually don’t finance non-RERA registered projects.
- Legal Protection: RERA registration offers you legal protection in case of delay, fraud, or misrepresentation.
- Transparency: Full project details like land title, legal approvals, timelines, and project specifications are mandatorily disclosed.
- Avoid Real Estate Scams: Builders who misuse the term "RERA Approved" often hide project flaws, illegalities, or incomplete documentation.
Proclee.com Tip:
Always verify a project’s RERA Registration Number on the official RERA portal of your state or through Proclee’s smart property verification tools. We help you decode the truth behind real estate claims.
“RERA Registered” is your real Armor. “RERA Approved” is just sweet talk.”
Quick Rhyme to Remember:
"Registered by RERA, safe to buy.
Approved by no one? Let it fly!"
Final Checklist Before You Book:
✔ Is the project listed on your state's RERA website?
✔ Does the builder share a valid RERA registration number?
✔ Have you verified the builder’s history and project documents on Proclee.com?
