Section 4 — Application for registration of real estate projects.

4. Application for registration of real estate projects.—(1) Every promoter shall make an 

application to the Authority for registration of the real estate project in such form, manner, within such 

time and accompanied by such fee as may be 
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[prescribed]. 

(2) The promoter shall enclose the following documents along with the application referred to in  

sub-section (1), namely:— 

(a) a brief details of his enterprise including its name, registered address, type of enterprise 

(proprietorship, societies, partnership, companies, competent authority), and the particulars of 

registration, and the names and photographs of the promoter; 

(b) a brief detail of the projects launched by him, in the past five years, whether already 

completed or being developed, as the case may be, including the current status of the said projects, 

any delay in its completion, details of cases pending, details of type of land and payments pending; 

(c) an authenticated copy of the approvals and commencement certificate from the competent 

authority obtained in accordance with the laws as may be applicable for the real estate project 

mentioned in the application, and where the project is proposed to be developed in phases, an 

authenticated copy of the approvals and commencement certificate from the competent authority for 

each of such phases;  

                                                           

1. Subs. by the Real Estate (Regulation and Development) Removal of Difficulties Order, 2016 [S.O. 3347 (E)], for “specified by 

the regulations made by the Authority” (w.e.f. 28-10-2016). 



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(d) the sanctioned plan, layout plan and specifications of the proposed project or the phase 

thereof, and the whole project as sanctioned by the competent authority; 

(e) the plan of development works to be executed in the proposed project and the proposed 

facilities to be provided thereof including fire fighting facilities, drinking water facilities, emergency 

evacuation services, use of renewable energy; 

(f) the location details of the project, with clear demarcation of land dedicated for the project 

along with its boundaries including the latitude and longitude of the end points of the project; 

(g) proforma of the allotment letter, agreement for sale, and the conveyance deed proposed to be 

signed with the allottees; 

(h) the number, type and the carpet area of apartments for sale in the project along with the area 

of the exclusive balcony or verandah areas and the exclusive open terrace areas appurtenant with the 

apartment, if any; 

(i) the number and area of garage for sale in the project; 

(j) the names and addresses of his real estate agents, if any, for the proposed project; 

(k) the names and addresses of the contractors, architect, structural engineer, if any and other 

persons concerned with the development of the proposed project; 

(l) a declaration, supported by an affidavit, which shall be signed by the promoter or any person 

authorised by the promoter, stating:— 

(A) that he has a legal title to the land on which the development is proposed along with 

legally valid documents with authentication of such title, if such land is owned by another person; 

(B) that the land is free from all encumbrances, or as the case may be details of the 

encumbrances on such land including any rights, title, interest or name of any party in or over 

such land along with details; 

(C) the time period within which he undertakes to complete the project or phase thereof, as 

the case may be; 

(D) that seventy per cent. of the amounts realised for the real estate project from the allottees, 

from time to time, shall be deposited in a separate account to be maintained in a scheduled bank 

to cover the cost of construction and the land cost and shall be used only for that purpose: 

Provided that the promoter shall withdraw the amounts from the separate account, to cover 

the cost of the project, in proportion to the percentage of completion of the project: 

Provided further that the amounts from the separate account shall be withdrawn by the 

promoter after it is certified by an engineer, an architect and a chartered accountant in practice 

that the withdrawal is in proportion to the percentage of completion of the project: 

Provided also that the promoter shall get his accounts audited within six months after the end 

of every financial year by a chartered accountant in practice, and shall produce a statement of 

accounts duly certified and signed by such chartered accountant and it shall be verified during the 

audit that the amounts collected for a particular project have been utilised for that project and the 

withdrawal has been in compliance with the proportion to the percentage of completion of the 

project. 

Explanation.—For the purpose of this clause, the term “scheduled bank” means a bank 

included in the Second Scheduled to the Reserve Bank of India Act, 1934 (2 of 1934); 

(E) that he shall take all the pending approvals on time, from the competent authorities; 

(F) that he has furnished such other documents as may be prescribed by the rules or 

regulations made under this Act; and 

(m) such other information and documents as may be prescribed.  



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(3) The Authority shall operationalise a web based online system for submitting applications for 

registration of projects within a period of one year from the date of its establishment.