Simplified RERA Karnataka Registration Process, Fees & Charges

RERA Karnataka plays a vital role in ensuring transparency in the state’s real estate sector. Whether you’re a homebuyer or a developer, understanding the registration process, fees, and charges under RERA Karnataka is essential. The registration process requires developers to submit detailed project information, ensuring buyer protection. Fees vary based on the project type and size, with specific charges for different categories. By following RERA Karnataka guidelines, developers assure buyers of project legitimacy, while buyers gain confidence in their investments. Staying informed about RERA Karnataka promotes secure and transparent real estate transactions.

1. RERAKarnataka–CheckRegistration
Process,Fees&Charges
TheGovernmentofKarnatakaimplementedtheRERAAct2016withRERAKarnataka
inJuly,2017undersection4(3)oftheRERAAct.
TheGovernmentofIndiaissuedtheRealEstate(RegulationandDevelopment)RERA
Actin2016toensuregreatertransparency,accountability,financialdiscipline,and
speedyresolutionofissuesforhomebuyersandpromoters.Thebillalsostatesthat
eachstateinIndiashouldhaveitsownRERA(RealEstateRegulatoryAuthority)to
monitortheprogressofrealestatedealsandresolvedisputesquickly.

2. AboutRERAKarnataka:KeyfunctionsandServices
Provided
TheKarnatakaRealEstateRegulatoryAuthorityortheKarnatakaRERAisthereal
estateregulatorybodythatisresponsibleforoverseeingtherealestatesectorinthe
stateofKarnataka.SimilartotheMahaRERA,itsmainobjectiveistopromotefair
practicesintherealestatesectorandtopromotetheinterestsofhomebuyersby
transparencyandaccountabilityinthemarket.
AsofSeptember2024,KarnatakaRERAhas5417registeredagentsand8357
registeredprojects.
K-RERAalsorecentlyappointedRetiredIASOfficerRakeshSinghasthenewK-RERA
Chief.
KeyfunctionsofRERAKarnatakaare:
1.ProjectRegistration
2.ConsumerProtection
3.Consumercomplaintredressal
4.TransparencyandAccountability
5.Standardization
6.MarketRegularization
7.Ensuringtimelydeliveryofprojects
8.Registrationofagents,developersandpromoters
9.Ensuringdisclosuresbyrealestatepromoters
SomeoftheservicesthatRERAKarnatakaprovidesare:
1.ProjectRegistration:Fordeveloperstoregistertheirprojectsbeforelaunch.
2.ComplaintRedressal:Forhomebuyerstofilecomplaintsagainstdevelopers.
3.Conciliation:Facilitatesamicableresolutionofdisputes.
4.ConsumerAwareness:Educatinghomebuyersontheirrights.
5.ComplianceMonitoring:EnsuresdevelopersadheretoRERAregulations.
6.AgentRegistration:Requiresrealestateagentstoregister.
7.RuleFormulation:DevelopsandimplementsRERArules.
8.DataManagement:Maintainsacomprehensivedatabaseofprojects,developers,
andagents.

3. HowdoesKarnatakaRERAbenefitHomebuyers?
1.TransparencyandAccountability-RERAKarnatakarequiresdevelopersto
discloseallrelevantinformationabouttheproject,includingcarpetarea,
amenities,andcompletionschedule.Thishelpsbuyersmakeinformeddecisions
aboutbuyingaproperty.
2.TimelyDelivery-DevelopersareaccountabletoK-RERAforcompletingprojects
ontimeandasperapprovedplans.Thishelpsprotecthomebuyersfromdelays
andchangesinplans.Projectswillhaveamuchlesserchanceofbeingdelayed
since70%ofthepaymentwillbeusedforconstructionfeesandincasethereare
anydelays,thedevelopersandbuyersmustpayaninterestrateof2%overthe
SBI’sMarginalCostofleadingrate.
3.ProgressTracking-Customerscantracktheprogressoftheconstructionoftheir
homeseasilyonthewebsite.
4.CustomerComplaintRedressal-RERAKarnatakaprovidesaquickandefficient
mechanismforresolvingdisputesbetweenhomebuyersanddevelopers.Any
conflictsthatarisebetweenbuyersanddevelopersneedtoberesolvedwithin
120daysofthecomplaint.
RegistrationprocessunderRERAKarnataka
1.VisittheofficialKarnatakaRERAwebsite:https://rera.karnataka.gov.in/
2.ClickonRegistrationtab
3.Youwillbeofferedfiveoptions:ProjectRegistration/ComplaintRegistration/Apply
forExtension/ChangeRequest/PostRegistrationandQuarterlyUpdate.
4.Makesureyougothroughthechecklistandusermanualthatincludesthe
documentsrequired,functionsandduties,andothersuchinformation.
5.Choosefromthepromotertype:IndividualorSocietiesorCompanyor
PartnershipFirmorDevelopmentAuthorityorTrustAgents.
6.Enteryouremailid.
7.Followthegiveninstructionstoregisteryourself
DocumentsrequiredforAgents:
TherealestateagentmustpayRs.25,000asregistrationfeesifheisanindividual.In
everyothercase,theregistrationfeeisRs.2lakh.
○Nameoftheagent(asperPANrecords)
○Contactdetailsoftheagent(mobilephoneortelephonenumber)

4. ○EmailIDoftheagent
○Self-attestedIDproofssuchaspassport,voterIDcard,Aadhaarcard,driving
licence,and/orbankpassbookwithphotograph
○PANcard(self-attestedcopy)
○Passportsizedphotographoftheagent
○AgentnotarisedaffidavitonRs.100stamppaper
DocumentsrequiredforPromoters:
○BalanceSheet(for3years)
○AuditedProfitandLossStatement(for3years)
○Directors’Report(for3years)
○CashFlowStatement(for3years)
○AuditorReport
○IncomeTaxReturnAcknowledgement
○PANCard
○EncumbranceCertificate
○CommencementCertificate
○ApprovedBuilding/PlottingPlan
○ApprovedLayoutPlan
○ProformaofAgreementforSale
○SaleDeedandRTC
○ApprovedSectionofBuilding/InfrastructurePlanofPlotting
○AreaDevelopmentPlanofProjectArea
○ProformaofAllotmentLetter
○BrochureofCurrentProject
○ProformaofSaleDeed
○ProjectSpecification
○CollaborationAgreement/DevelopmentAgreement/JointDevelopment
Agreement/OtherAgreement
○Declaration(FormB)
○Khatha
○OtherDocuments(Title/Rights/Interest/Name)
○Approval/NOCunderSection109ofKLRAct1961
○Approval/NOCunderSection14ofKTCPAct
○FireForceDepartmentNOC
○AirportAuthorityofIndiaNOC
○BESCOMNOC
○BWSSBNOC
○KSPCBNOC

5. ○SEIAANOC
○BSNLNOC
○LiftAuthorities
○ExistingLayoutPlan
○ExistingSectionPlanandSpecification
○ChangeofLandUse
○BMRCLNOC
○UrbanLandCeilingNOC
○SectionalDrawingoftheApartments
○BangaloreUrbanArtsCommission
○InspectorofFactoriesControllerofExplosiveRailways
○DistrictMagistrate
○CoastalRegulationZoneAuthority
○CertificatefromRegisteredEngineerindicatingStructuralSafetyofthebuilding
○NOCincaseofbuildingproposalsabuttingtoneighbouringproperties
○AdvocateSearchReport
○UtilisationCertificate
○TransferofDevelopmentRightsCertificate
○RelinquishingDeed
○ProjectPhoto
DocumentsrequiredforCompany,Society,PartnershipFirm,Trust,
DevelopmentAuthority,orProprietorshipFirmRegistration
○Nameoftheapplicant
○Fulladdressofthefirm
○Contactdetails(telephonenumberormobilephonenumberofthefirm)
○ValidemailIDoftheagent
○Self-attestedIDproofssuchasbankpassbookwithphotographornameofthe
company,registrationcertificateofthecompany,shopsandestablishment
certificate,and/orGSTcertificate
○PANcard(self-attestedcopyandwithcompanyseal)
○Detailsofoneofthedirectorsorpartnersofthefirm(includingname,contact
number,emailID,andphotograph)

6. RegistrationCharges:
GroupHousingProject
Particulars ApplicableFees
Theareaofproposedlandfordevelopmentisnotmore
than1,000squaremeters
Rs.5/squaremeter
Projectsinwhichareaofproposedlandfor
developmentismorethan1,000squaremeters
Rs.10/squaremeter
(maximumofRs.5lakh)
MixedDevelopment(commercialandresidential)Project
Particulars ApplicableFees
Theareaofproposedlandfordevelopmentisnotmorethan
1,000squaremeters
Rs.10/squaremeter
Projectsinwhichareaofproposedlandfordevelopmentis
morethan1,000squaremeters
Rs.15/squaremeter
(maximum
CommercialProjects
Particulars ApplicableFees
Theareaofproposedlandfordevelopmentisnot
morethan1,000squaremeters
Rs.20/squaremeter

7. Projectsinwhichareaofproposedlandfor
developmentismorethan1,000squaremeters
Rs.25/squaremeter
(maximumofRs.10lakh)
HowtoregisteracomplaintontheRERAKarnataka
Website?
1.VisittheKarnatakaRERAwebsite
2.ClickonRegistration
3.Selectthecomplaintregistrationoption
4.Enteryourlogindetails
5.Enterthecomplaintdetailsandaddallnecessarydetailsandsupportive
documents.
6.PaytherequiredamountofRs.1000toregisteryourcomplaintandgetyour
acknowledgementslipwhichwillhavethecomplaintnumber.
ContactDetailsforRERAKarnataka:
Address:RealEstateRegulatoryAuthorityKarnataka,2ndfloor,SilverJubliBlock,Unity
Building,CSICompound,3rdCross,MissionRoad,Bengaluru,Karnataka560027
Telephone:[phone]
EmailID:[email protected]
Conclusion
TheRERAActof2016isoneofthelandmarkactsintherealestateindustryandhas
beenhelpingcustomersanddevelopers.TheKarnatakaRERAhassignificantly
improvedtransparency,accountability,andconsumerprotectionintherealestatesector
withinthestateandhasbroughtaboutapositivechangeintherealestatemarketin
Karnataka.ToknowmoreabouttherealestatemarketinIndia,youcancheckout
REITsinIndia.