The Real Estate (Regulation and Development) Act changed the balance of power between Indian developers and buyers. Knowing precisely what it gives you — and what it does not — is essential when buying at a stage where registration is still pending.
What registration requires of a developer
Once a project is registered with the Haryana Real Estate Regulatory Authority, the developer must:
| Requirement | What it means for you |
|---|---|
| Declared completion date | A legally significant deadline, not a verbal estimate |
| 70% escrow | Collections go into a project-specific account, used only for that project |
| Carpet area basis | Sales must use RERA carpet area, ending super-area ambiguity |
| Sanctioned plans on record | Deviation from approved plans becomes actionable |
| Title disclosure | Land ownership position is on public record |
| Quarterly updates | Construction progress must be reported to the authority |
What it gives you as remedies
- Delay compensation or the right to withdraw with a refund plus interest, per the agreement and the Act
- Defect liability for a prescribed period after possession for structural and workmanship defects
- Restriction on plan changes without the requisite consent of allottees
- A complaint mechanism through the authority and appellate tribunal
- Agent regulation — marketing agents must hold their own registration
What RERA does not do
RERA regulates process and disclosure. It does not guarantee that your project will be delivered, that the developer will remain solvent, or that construction quality will be good.
Specifically, it does not:
- Prevent delay — it provides remedies after delay occurs
- Guarantee a refund is actually recoverable from an insolvent developer
- Set quality standards beyond the sanctioned plans and specification
- Apply to projects below prescribed size thresholds
- Apply before a project is registered
The pre-registration position
That last point is the one that matters at Verano's stage. Before registration:
- There is no declared completion date with legal force
- There is no escrow requirement on amounts collected
- There is no agreement for sale, so the associated remedies do not exist
- Activity is structured as interest polling rather than sale
Your protection consists of the written EOI terms and the developer's standing. That is a genuine, and genuinely different, position.
How to verify a project yourself
- Go to the Haryana authority's official portal for the Gurugram jurisdiction
- Search by project name, developer or registration number
- Check the declared completion date, promoter details and sanctioned plan disclosures
- Check the agent's registration separately from the project's
- Review any complaints or orders against the promoter
Do this yourself rather than accepting a forwarded document.
The agent registration point
Note that the marketing agent's HRERA registration and the project's registration are separate things. An agent registration confirms the intermediary is authorised to market property in Haryana; it says nothing about whether the project is registered.
FAQs
What does RERA registration protect a buyer against?
It requires a declared completion date, escrow of 70% of collections, sales on a carpet area basis, disclosure of sanctioned plans and title, and quarterly progress reporting, with remedies for delay and defects.
Does RERA apply before a project is registered?
No. Before registration there is no declared completion date, no escrow requirement and no agreement for sale, so those protections do not apply.
How do I check if a project is RERA registered in Gurugram?
Search the Haryana Real Estate Regulatory Authority's official portal for the Gurugram jurisdiction by project name, developer or registration number.
Is an agent's RERA number the same as a project's?
No. They are separate registrations. An agent's registration authorises them to market property; it says nothing about the project's own registration status.
Get the Godrej Verano price list, floor plans & brochure
3, 4 & 5 BHK · 2150–3900 sq.ft. · ₹5.91 Cr* onwards · EOI ₹10 Lakhs* on a 20x20x20x20x20 plan. Allotments are live this September — share your number and we will send everything on WhatsApp.
Express Your Interest 📞 +91 72310 06261
