The Rajasthan Real Estate Regulatory Authority (RERA), also known as Raj-RERA, oversees real estate projects in the state. The fees for RERA registration is as follows:
Project Registration: For residential and commercial projects with a proposed development area of more than 500 square meters, the fee is Rs. 10 per square meter.
If the project has more than eight apartments (including all phases), the RERA project registration fees will be the same.
Moreover, the RERA registration charges for agents is
Rs. 25,000.
Remember that RERA aims to bring transparency and protect home buyers' interests. I hope you get an idea of the RERA project registration fees.
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RERA regulates the actions of real estate agents who frequently interact with brokers and dealers of property. These agents serve as the purchasers' intermediaries. The uncontrolled operation of the ongoing development has led to fraudulent promises made by brokers, which have led to the victimisation of many of them. In order to prevent such occurrences, the Government of India created the real estate regulating law, known as the RERA. To use this service, the real estate agent must pay RERA registration fees, which varies by state.
What is the Fees for Rera Registration in Karnataka?
The complete list of RERA registration charges associated with the major project categories in Karnataka is shown in the tables below;
- Group Housing Project:
| Items | Fees for RERA registration |
The projected development area is not to exceed 1,000 square metres. |
Rs.5/square meter |
Projects where more than 1,000 square metres of land are being proposed for development |
Rs.10/square meter (maximum of Rs.5 lakh) |
- Mixed Development (commercial and residential) Project:
| Items | Fees for RERA registration |
The projected development area is not to exceed 1,000 square metres. |
Rs.10/square meter |
Projects where more than 1,000 square metres of land are being proposed for development |
Rs.15/square meter (maximum of Rs.7 lakh) |
- Commercial Projects:
| Items | Fees for RERA registration |
The projected development area is not to exceed 1,000 square metres. |
Rs.20/square meter |
Projects where more than 1,000 square metres of land are being proposed for development |
Rs.25/square meter (maximum of Rs.10 lakh) |
- Plotted Development Projects:
The total plot area is Rs. 5 per square metre. The maximum cost is Rs. 5 lakh.
If a real estate agent is an individual, he must pay Rs. 25,000 as registration costs under the RERA Act for Karnataka Real Estate Agents. The registration fee in all other situations is Rs. 2 lakh.
I hope this helps you with the RERA registration fees.
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The Maharashtra RERA registration fee is as follows:
The fee for a single or sole ownership of property is Rs.10,000.
The fee for sole ownership, partnership, society, limited partnerships, a private company, or a public corporation is Rs.1,000,000.
The officials will issue a RERA registration certificate within 30 days after receiving the mentioned application and fee. The company location should show the RERA registration certificate.
Read More: How to download RERA certificate? How to check RERA registration?
What is the fee for RERA process?
Harsh Bhoir
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2022-07-20T01:13:16+00:00 2023-10-20T16:17:56+00:00Comment
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