RERA Karnataka

https://rera.karnataka.gov.in” is official portal of Real Estate Regulatory Authority Karnataka (RERA Karnataka). This portal has been developed under section 4.3 of Real Estate Regulatory Authority (RERA) Act, 2016. Buying property in Karnataka or anywhere in India requires huge credit. To ensure that your investment doesn’t go waste, choose a RERA registered property in Karnataka. This way you can be sure of putting your money in a legitimate property that has all clearances and licenses.

What is RERA Act in Karnataka?

RERA (Real Estate Regulatory Authority) Act 2016 is an act established to ensure transparency, regulation and promotion of India’s real estate sector. Its primary objective is to protect the interest of consumers and investors of the sector. The act is applicable all over India except the State of Jammu and Kashmir. To ensure proper implementation of RERA Act, the government ensured each state had a RERA authority. Such body in the State of Karnataka is Karnataka Real Estate Regulatory Authority. The primary purpose of the RERA Karnataka is to boost investments in Karnataka’s real estate and safeguard the interest of property buyers.

What are the objectives of RERA Karnataka?

Some of the objectives that RERA Karnataka needs to fulfil are:

• To make sure property regulation and promotion of the Karnataka real estate sector
• To ensure transparency in the sale of properties in Karnataka
• To protect the homebuyer’s interest in the real estate transactions
• To form a Appellate Tribunal for receiving complaints
• To establish a fast dispute settlement mechanism

In Karnataka, every residential and commercial real estate project must necessarily be registered under RERA. Consumers too must ensure to buy only RERA registered properties due to the following reasons:

• Non-registered real estate projects are illegal. Buyers purchasing such properties may face problems in future
• On approaching the regulatory body for redressal, such buyers may be questioned on purchasing an unregistered property
• Promoters shall pay penalty for non-registration along with imprisonment in extreme cases

How to register projects with RERA Karnataka?

To register projects under RERA Karnataka, follow these steps:

Step 1: Visit the official RERA Karnataka website: https://rera.karnataka.gov.in/home

Step 2: Select ‘Project Registration’ option from the ‘Registration’ drop-down menu.

Step 3: A dialog box will appear featuring quick links to different checklists that you should go through once before beginning to file the application online

Step 4: Select the Promoter Type, enter your email ID and click on ‘Next’

Step 5: Provide promoter details and click on ‘Next’

Step 6: Provide project details and click on ‘Next’

Step 7: Upload PAN card and address proof. Click on ‘Next’

Step 8: Choose the payment method and pay the registration fee

Step 9: You will receive the confirmation.

What is the Fees of RERA Karnataka?

Group Housing Project

Particulars	Fees
Area of proposed land for development is not more than 1,000 square meters	Rs.5/square meter
Projects in which area of proposed land for development is more than 1,000 square meters	Rs.10/square meter (maximum of Rs.5 lakh)

Mixed Development (Commercial & Residential) Project

Particulars	Fees
Area of proposed land for development is not more than 1,000 square meters	Rs.10/square meter
Projects in which area of proposed land for development is more than 1,000 square meters	Rs.15/square meter (maximum of Rs.7 lakh)

Commercial Projects

Particulars	Fees
Area of proposed land for development is not more than 1,000 square meters	Rs.20/square meter
Projects in which area of proposed land for development is more than 1,000 square meters	Rs.25/square meter (maximum of Rs. 10 lakh)

 Plotted Development Projects

Rs.5/square meter of the total area of the plot. The maximum fee is Rs.5 lakh.

Agent Registration Fees

If the real estate agent is individual, he/she should pay the registration fee of Rs. 25,000. Real estate agent other than an individual should pay registration fee of Rs. 2 lakh. The payment can be made through:

• Demand draft (DD)
• A banker’s cheque drawn on any scheduled bank or a co-operative bank
• Online payment

What are the documents required to register a project under RERA Karnataka?

List of documents that promoters need to submit when registering their projects online under RERA Karnataka are:

• Balance Sheet of past 3 years
• Audited Profit and Loss Statement of last 3 years
• Directors’ Report of past 3 years
• Cash Flow Statement of last 3 years
• Auditor Report
• Income Tax Return (ITR) Acknowledgement
• PAN card
• Encumbrance Certificate (EC)
• Commencement Certificate (CC)
• Approved Building/Plotting Plan
• Approved Layout Plan
• Proforma of Agreement for Sale
• Sale Deed and RTC
• Approved Section of Building/Infrastructure Plan of Plotting
• Area Development Plan of Project Area
• Proforma of Allotment Letter
• Brochure of Current Project
• Proforma of Sale Deed
• Project Specification
• Collaboration Agreement/Development Agreement/Joint Development Agreement/Other Agreement
• Declaration (Form B)
• Khatha
• Other Documents (Title/Rights/Interest/Name)
• Approval/NOC under Section 109 of KLR Act 1961
• Approval/NOC under Section 14 of KTCP Act
• Fire Force Department No Objection Certificate (NOC)
• Airport Authority of India NOC
• BESCOM NOC
• BWSSB NOC
• KSPCB NOC
• SEIAA NOC
• BSNL NOC
• Lift Authorities
• Existing Layout Plan
• Existing Section Plan and Specification
• Change of Land Use
• BMRCL NOC
• Urban Land Ceiling NOC
• Sectional Drawing of the Apartments
• Bangalore Urban Arts Commission
• Inspector of Factories Controller of Explosive Railways
• District Magistrate
• Coastal Regulation Zone Authority
• Certificate from Registered Engineer indicating Structural Safety of the building
• NOC in case of building proposals abutting to neighboring properties
• Advocate Search Report
• Utilisation Certificate
• Transfer of Development Rights Certificate
• Relinquishing Deed
• Project Photo

List of documents required when making the payment

• Online Payment Receipt
• Penalty Paid Receipt

For promoter type other than individual, besides the above list of documents, company registration certificate must be submitted.

RERA Karnataka Contact Details

RERA Karnataka Office Address: Real Estate Regulatory Authority Karnataka, 2nd floor, Silver Jubli Block, Unity Building, CSI Compound, 3rd Cross, Misson Road, Bengaluru, Karnataka 560027

Telephone: 080 – 22249798, 22249799

Fax: 22253718

Email ID: info.rera@karnataka.gov.in