Rera
Act
Maharashtra
Karnataka
Telangana
Andhra Pradesh
Delhi
Uttar Pradesh
Haryana
Gujarat
BiharReal Estate project Registration in
bihar
Starts at Rs. 30000 /-
(Takes 15-20 days)
Filing of Application for RERA Registration
Secure RERA Number and Certificate
Dedicated manager to process your RERA registration end to end
Completely Online– No need to visit office
Register as an project
Overview
Real estate agents are the heart of real estate industry . They are the mediators facilitating transactions between builder and buyer . With RERA, that will soon come into force, all brokers will have to be mandatorily registered with the concerned state-level regulatory authorities. Real estate agents will be given a registration number by the authority which will be valid for 5 years and will be quoted in every transaction facilitated by him.
Real estate agents will also be penalized if they will falsely represent any information regarding project to buyers. Penalty will extend upto Rs 10,000 per day and maximum 5% of total project cost. Real estate agent is also required to keep books of accounts of the projects they are indulged in and are answerable for them.
Documents Required for Registration
Commencement Certificate
Sanctioned Plan
Non Agricultural Certificate or NA Order
Encumbrance Certificate
Pan card of Company and Promoter
Sale Deed of land
Legal Title Report
Declaration in Form B
RERA Government Fees
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Timeline for RERA Registration
As per the act, the RERA certificate will be issued in 30 days by the RERA department. However, in some cases, it may come earlier or with some delay.
FAQ's on RERA Registration
Ques 1: What are the terms and conditions for extension of registration?
Ans: The terms and conditions, the application form and the fees payable for extension of registration shall be in the manner as prescribed by the Rules.
Ques 2: What is the promoters obligations regarding veracity of the advertisement or prospectus?
Ans: As per section 12 the promoter is responsible for the veracity of all information contained in the advertisement and the prospectus. In case of any loss sustained by any person due to false information contained therein, the promoter is liable to make good the loss sustained due to the same.
Ques 3: What is the period for which the promoter is liable for any structural defects etc. in the project / apartment etc.?
Ans: As per section 14(2) the promoter shall be liable for 5 years form the date of handing over of possession to the allottee towards structural defect or any other defect as specified therein.
Acts & Rules in bihar
| The Real Estate ( Regulation & development) Act, 2016 | Download PDF |
| The Real Estate ( Regulation & development) Rules, 2017 | Download PDF |
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