Buying a home in an unregistered housing project may appear attractive because developers often offer lower prices during the pre-launch stage. However, homebuyers should carefully assess the legal, financial and construction risks before making any payment.
Under the Real Estate (Regulation and Development) Act, 2016 (RERA), certain small projects and specific redevelopment projects may qualify for exemptions. Therefore, the absence of a RERA registration number does not automatically mean that a project is illegal. Buyers should ask the developer to clearly explain the exemption and provide supporting documents.
For registered projects, RERA provides stronger buyer protections, including greater transparency around approvals, project details, timelines and promoter obligations. Buyers can also approach the regulatory authority in case of delays or deficiencies.
Before booking, buyers should verify the project’s RERA registration, promoter name, exact project name, sanctioned location and registration validity. Those who have already booked should immediately determine whether the project is legitimately exempt or should have been registered. If required, buyers can file a complaint with RERA or seek appropriate legal remedies.
