Legal Centre · Regulatory

RERA Due Diligence: What to Verify Before Any Booking

RERA registration is a starting point, not a clearance. The registration number tells you the project exists on record; the quarterly filings tell you whether it is actually being built.

Escrow requirement: 70%
Mandatory progress filing: Quarterly
RERA complaint timeline: 60 days
Bookings before registration: 0

What the data says

Verify the HRERA registration number against the authority portal — not the developer brochure — and match the tower and phase.
Cross-read the quarterly progress report against site reality; sustained divergence is the earliest reliable distress signal.
Confirm 70% of collections route to the designated project escrow account.

How EstateVeda executes this

Registration, layout and approval verification with HRERA and DTCP records.
Escrow and collection-account confirmation in the builder-buyer agreement.
Agreement review — possession date, penalty clause symmetry and force-majeure drafting.
Ongoing quarterly monitoring for clients until possession.

Risks we underwrite against

Marketing of unregistered phases alongside a registered phase.
Asymmetric penalty clauses — high interest on buyer delay, nominal on developer delay.
Possession dates defined from an ambiguous trigger rather than a fixed calendar date.

EstateVeda verdict

No booking amount moves before registration is verified and the agreement penalty clause is symmetric.

Frequently asked questions

How do I check if a Gurgaon project is RERA registered?

Search the Haryana RERA portal by project or promoter name and match the registration number, phase and tower to the inventory being offered to you.

What can I do if possession is delayed?

RERA allows a complaint for delay interest, or withdrawal with refund plus interest. Complaints are typically listed within 60 days.

Does RERA cover plotted colonies?

Yes, licensed plotted developments above the prescribed threshold require RERA registration in Haryana.