How To Become Real Estate Agency In Kolkata:-
To become real estate agency in kolkata,there are many steps you have to follow,so you have to follow those steps then you can easily become real estate agency in kolkata.So steps which you have to follow are as belows:-
All real estate agents must register with RERA in accordance with the Real Estate (Regulation and Development) Act of 2016 in order to facilitate any transaction.
Without the Promoter’s listing of each Agent during the Project Registration / Status Updates, the Agent cannot sell the Project.
Every day that a real estate agent is ineligible for registration will result in a penalty of 10,000 rupees, which can add up to 5% of the price of the plot, apartment, or buildings, depending on the situation, of the real estate project for which the sale or purchase was facilitated.
Real estate agents in West Bengal must provide the following documentation to register under RERA:-
- Real estate broker’s/partners’/directors’ Pan Card.
- Real estate agents’ and partners’ and directors’ Aadhaar cards.
- Picture of the directors and partners of the real estate company.
- evidence of registration (Partnership Deed or COI in case of Company).
- Income tax returns for the three most recent fiscal years prior to the application, or a declaration to that effect if the applicant was exempt from submitting returns for any of the three years prior to the application.
- a business card (in case of partnership & company).
Government Fees for Real Estate Agent Registration in West Bengal:-
When submitting an application to the authorities, real estate agents must pay registration costs by NEFT, RTGS, or another digital transaction method.
The following are the registration fees:
Individuals only: Rs. 25,000
For any other party besides an individual: Rs. 2,50,000
The Real Estate (Regulation and Development) Act 2016 is an effort to reform the Indian real estate industry by promoting greater responsibility, openness, and professionalism.
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Our beloved advocate B.Pramanik & Associates agency real estate in kolkata will guide you all matters regarding real estate agency in kolkata registration.
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