Joint Venture Agreement Must be Registered With Sub Registrar Goa RERA

Joint Venture Agreement Must be Registered With Sub Registrar Goa RERA


2 year(s) ago

Goa RERA Mandates Registration of Joint Venture Agreements with Sub Registrar Office before applying for RERA Registration. The Goa Real Estate Regulatory Authority (RERA) has issued a new regulation requiring all agreements between developers and landowners to be registered before project registration with RERA.

Key Points:

  • Requirement: Registered Collaboration/Development Agreements (or similar agreements) complying with the Indian Registration Act (1908).
  • Purpose: Enhances transparency and protects landowner rights.
  • Impact on Developers:
    • Submitting unregistered agreements or memorandums of understanding will result in delayed or rejected project registrations.
    • Agreements must be notarized within Goa’s jurisdiction.


  • RERA observed instances of developers submitting:
    • Unregistered agreements.
    • Memorandums of understanding with promises of future agreements.
    • Agreements notarized outside Goa’s jurisdiction.

How it Works:

  • Builders often collaborate with landowners, offering flats/shops in exchange for land use.
  • The Real Estate (Regulation and Development) Act (2016) mandates registration of such agreements under the Indian Registration Act.


  • Non-compliance will lead to hearings and potential project registration rejection.

Overall, this regulation strengthens Goa RERA’s efforts to ensure transparency and accountability in real estate transactions.

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email

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