RERA Karnataka is the official regulator for the real estate sector in the State and there are several guidelines that you should know with regard to registration and other processes.
RERA Karnataka is the official website of the Real Estate Regulatory Authority of the State of Karnataka and it has been established under Section 4.3 of the RERA (Real Estate Regulatory Authority) Act of the year 2016. The Act was introduced by the Central Government as a measure for transforming Indian real estate by assisting property buyers, infusing greater transparency into the process and scaling up accountability levels of real estate developers.
RERA Karnataka- Key aspects to keep in mind
If you are a real estate developer, you should keep a tab on the fees and charges payable to RERA Karnataka, as has been clearly outlined on the website. The Group housing project category covers projects where the area of the land that has been proposed for development, does not exceed 1,000 square meters and projects where the proposed land area for development exceeds this threshold. The same categories apply for both mixed development (residential cum commercial) and commercial real estate projects alike.
Rs. 5 per square meter is the charge for plotted development projects with the maximum fees being capped at Rs. 5 lakh in case of RERA Karnataka. Real estate agents are required to pay a sum of Rs. 25,000 as fees for registration in case they are individuals. In other scenarios, fees hover around Rs. 2 lakh.
RERA Karnataka- Documents needed by agents
Each and every agent should have the following documents ready for submission to RERA Karnataka along with the registration forms and other information that has been asked for.
- Brief details of agency along with its type, name, business type, societies, address, proprietorship, partnerships and more information.
- Registration of enterprise and related details including AOA, MOA and bye-laws that are applicable.
- For individual agents, documents like the name details, address and contact information are needed. For other cases, full information and photographs are required of the partners or directors.
- A self-authorized copy of the PAN Card is required.
- A copy of the business address (self-authorized) is also needed.
RERA Karnataka Complaints
For registering a complaint with Karnataka RERA against any violation of the Act in the State, this can be done with the Regulatory Authority or Adjudicating Officer. You will have to carry a DD (Demand Draft) of Rs. 1,000 for filing the complaint in question.
RERA Karnataka Registration Process
For registering on the official RERA Karnataka website, this is the process that has to be followed:
- Visit the official website of RERA Karnataka
- You can choose from Project Registration, Complaint Registration, Apply for Extension, Post Registration, Change Request and Quarterly Update options.
- You will be straightaway directed to the checklist for keeping all necessary documents ready for registration.
- The type of promoter can be chosen on the next page, i.e. Societies/Individual/Partnership Firm/Company/Trust Agents/Development Authority.
- You have to then enter your official email ID.
- You can now follow the listed processes for project registration.
RERA Karnataka Registration- Documents Needed
There are several documents that you require for RERA Karnataka registration. These include the following:
- Audited Statement of Profit & Loss for 3 years
- Balance Sheet for 3 years
- Directors’ Report for 3 years
- Cash Flow Statements for 3 years
- Report from Auditor
- PAN Card
- Acknowledgement of Income Tax Return
- Encumbrance Certificate
- Approved Plotting/Building Plan
- Commencement Certificate
- Proforma of Agreement for Sale
- Approved Layout Plan
- Approved Section of Building/Infrastructure Plan for Plotting
- RTC and Sale Deed
- Area Development Plan for Project Area
- Project Specification
- Proforma of Allotment Letter
- Current Project Brochure
- Proforma of Sale Deed
- Collaboration Agreement/Joint Development Agreement/Other Agreement/Development Agreement
- Declaration (Form B)
- Khatha
- Title Rights/Interest/Name
- NOC/Approval under Sections 109 (KLR Act, 1961) and 14 (KTCP Act)
- Fire Department NOC
- NOC from Airport Authority of India
- BESCOM, BWSSB, SEIAA, BSNL, KSPCB NOCs
- Change of Land Use
- BMRCL NOC
- Existing Layout Plan/Section Plan
- Lift Authorities
- Urban Land Ceiling NOC
- Sectional Drawing for Apartments
- District Magistrate Approval
- Coastal Regulation Zone Authority
- Bangalore Urban Arts Commission
- Inspector of Factories Controller of Explosive Railways
- NOC for building proposals that are abutting to neighboring buildings
- Certificate from Registered Engineer indicating building’s structural safety
- Utilization Certificate
- Advocate Search Report
- Project Photo
- Relinquishing Deed
- Transfer of Development Rights Certificate
You have to upload the online payment receipt or penalty paid receipt online as well. Company registration certificate is also needed for type of promoter other than individual promoters.
FAQs
1. How do I file my complaint with RERA Karnataka?
For registering a complaint with Karnataka RERA against any violation of the Act in the State, this can be done with the Regulatory Authority or Adjudicating Officer. You will have to carry a DD (Demand Draft) of Rs. 1,000 for filing the complaint in question.
2. Where is the RERA Karnataka office?
You can reach out to the Real Estate Regulatory Authority, Karnataka, at its address- 2nd Floor, Silver Jubli Block, Unity Building, CSI Compound, 3rd Cross, Mission Road, Bengaluru, Karnataka- 560027.
3. How can I contact RERA Karnataka by phone/email?
You can send your emails to [email protected] or contact 080-22249798/22249799. A Helpdesk has also been set up by the authority for answering questions digitally.
