RERA Meghalaya Urges Real Estate Agents to Register or Face Penalties
The Real Estate Regulatory Authority (RERA) Meghalaya has issued a mandate for all real estate agents, promoters, and developers to register themselves and their projects. Non-compliance could result in penalties and regulatory action.
Rera MeghalayaReal EstateRegistrationPenaltiesTransparencyReal Estate NewsJul 18, 2025
Registration with RERA Meghalaya is not only a legal requirement but also a key step toward building credibility and trust in the real estate ecosystem. The chairman of RERA Meghalaya emphasized in a statement on Friday that failure to comply with this mandate may attract penalties and regulatory action under the Act.
Notified on February 18, 2020, RERA Meghalaya will play a crucial role in creating a transparent, accountable, and efficient framework for the real estate sector as it begins to emerge in the state. The authority will oversee several critical functions, including the registration of real estate projects, promoters, and agents, ensuring compliance with the provisions of the Act and rules made thereunder, and adjudicating disputes to protect homebuyer interests through regulatory oversight.
This initiative reflects the state government’s commitment to responsible growth, consumer protection, and transparency in Meghalaya’s real estate development. By ensuring that all stakeholders in the real estate sector adhere to the regulations, RERA Meghalaya aims to foster a healthy and sustainable market environment.
The real estate sector in Meghalaya is poised for significant growth, and the establishment of RERA Meghalaya is a step in the right direction to ensure that this growth is both sustainable and beneficial for all parties involved. Homebuyers, developers, and agents can look forward to a more regulated and transparent market, which will ultimately benefit the economy and the people of Meghalaya.
For more information on the registration process and the specific requirements under the Act, interested parties are encouraged to visit the official RERA Meghalaya website or contact the authority directly. This move is expected to set a new standard for real estate practices in the state, paving the way for a more robust and reliable market for both current and future stakeholders.
Frequently Asked Questions
What is RERA Meghalaya?
RERA Meghalaya is the Real Estate Regulatory Authority established in Meghalaya to oversee the real estate sector, ensuring compliance with the Real Estate Regulation and Development Act, 2016.
Why is registration with RERA Meghalaya mandatory?
Registration with RERA Meghalaya is mandatory to build credibility and trust in the real estate ecosystem. It is a legal requirement and non-compliance may result in penalties and regulatory action.
What are the key functions of RERA Meghalaya?
RERA Meghalaya oversees the registration of real estate projects, promoters, and agents, ensures compliance with the Act and rules, adjudicates disputes, and protects homebuyer interests through regulatory oversight.
What happens if real estate agents fail to register with RERA Meghalaya?
Failure to register with RERA Meghalaya can result in penalties and regulatory action, as mandated by the Real Estate Regulation and Development Act, 2016.
How does RERA Meghalaya contribute to the real estate sector?
RERA Meghalaya contributes to the real estate sector by promoting transparency, accountability, and efficiency. It ensures that the market is regulated, which benefits homebuyers, developers, and agents alike.
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