The Ministry of Housing and Urban Poverty Alleviation notified the RERA rules for the National Capital Territory of Delhi Real Estate Regulation and Development Act,2016) RERA Jharkhand on 18 May, 2017 to protect buyer’s interest, enhance professionalism and ensure transparency in the real estate sector. As per the rules of the Act, all real estate developers are required to register their project and real estate agents are required to register themselves with the RERA authority.

Process for registering a Real estate Project with the RERA
A real estate developer can register his project by filling up the Application for registration of project (Form A) along with Self-assisted affidavit (Form B). Soon the government will introduce an online mode of filling up the RERA registration forms for real estate project.

Documents required to register Real estate projects
1. Particulars of the Registration including the bye-laws, memorandum of association, articles of association, etc. in the Promoter Details section
2. Authenticated copy of PAN Card of the firm/ company etc. when Type of applicant is Firm/ Company etc.
3. Audited Profit & Loss Account, Balance Sheet, Auditors Report and Income Tax Returns of the promoter for 3 preceding financial years.
4. Authentic copy of Aadhaar Card/ PAN Card of the Promoter(s) in the Promoter Details section, in case of firm/ company Aadhaar Card/ PAN Card of all the members, director, chairman need to be attached in particulars section
5. Passport size Photograph of Promoter(s) in the Promoters Details section, in case of firm/ company photos of all the members, director, chairman need to be attached in particulars section.
6. Details of encumbrances on the land on which development is proposed including any rights, title, interest or name of any party in or over such land along with its details
7. Sanctioned Plan, Layout Plan & specifications of the proposed project or the phase & the whole project as approved by the competent authority.
8. Proforma of the allotment letter, agreement for sale and the conveyance deed proposed to be signed with the allottees.
9. Names & addresses of the Real Estate Agents (if any), for the proposed projects.
10. Declaration in “Form B – Declaration, supported by an Affidavit, which will be signed by the Promoter or any person authorized by the Promoter” to be submitted by the Promoter that they will not discriminate against any allottees on the grounds of caste or creed or community or any other grounds at the time of allotment of an apartment, plot or building.

Fees for Project Registration in Jharkhand
 

Validity of Registration
The registration shall be valid for 5 years from the date of receiving the registration certificate. The registration may be revoked in between the validity period if the agent breaches the RERA rules.

For Project Registration, Click here.