The procedure for K RERA Registration & RERA Complaints

All about K RERA Registration & Complaints

RERA has brought amazing stability and transparency to Indian Real Estate. The Real Estate Regulatory Authority has taken the entire industry under its wing. It boosted the trust factor and helped the home buyers steer away from fraud and scamsters in the realty industry.

RERA also made sure that there every project in the country, be it ongoing, under construction, newly launched, or ready to move categories, is brought under it's single authority by registering under the individual state RERA body.

Bangalore is one of India's biggest real estate markets, too, embraced the change for the better. Karnataka RERA or KRERA has seen some of the largest numbers of registrations ever since its inception.

Every residential project in Bangalore has to undergo the RERA Registration process before officially being sold to the residents. Besides, not just the projects but the promoters of the project should also be registered under RERA. The builders, too, have to submit an affidavit stating all the project details. Thus everything real estate came under one roof - RERA! This has severely brought down the inaccuracies and illegal scams.

Thus, it is changing the country's largest asset class sector into a properly organized sector that'll benefit one and all while keeping away the unwanted elements altogether.

Now let's move onto the important questions at hand-

Which are the major Documents required for RERA Registration online?

1. Project photo.
2. Approved Plan of Building
3. Approved Layout Plan
4. Sectional Drawing - Apartments.
5. Existing layout plan. (if any)
6. Brochure of the current project.
7. The area development plan of the project area.
8. Existing section plan and specification. (if any)
9. Project specification.
10. Khatha Documents
11. NOC /Approval under Section 109 of the KLR Act 1961.
12. Conversion certificate - Section 95 of KLR Act 1961.
13. Approval/NOC - Section 109 of the KLR Act 1961.
14. Approval /NOC - Section 14 of the KTCP Act.
15. NOC from Airport Authority of India
16. NOC from Fire department
17. NOC from BESCOM
18. NOC from SEIAA
19. NOC from KSPCB
20. NOC from BWSSB
21. NOC from BSNL
22. NOC from BMRCL
23. Urban land ceiling NOC
24. Documentation from Bangalore Urban Arts Commission
25. Documentation from Inspector of Factories
26. Documentation from Controller Railways and Explosives
27. Documentation from Coastal Regulation Zone Authority
28. Approval from District magistrate.
29. PAN card
30. Income tax returns certificates
31. Auditor's report.
32. Encumbrance Certificate
33. Commencement Certificate
34. Directors' report for the last 3 years.
35. Audited profit and loss statement of the last 3 years
36. 3 years - Balance sheet
37. 3 years - Cash flow statement
38. Joint development agreement.
39. RTC & Sale deed
40. Approved section plan of the building.
41. Proforma of the agreement for sale.
42. Change of land use.
43. Proforma of allotment letter.
44. Permission from Lift authorities
45. Advocate search report
46. Declaration (FORM B)
47. Relinquishment deed.
48. Transfer of development rights (certificate)
49. Certificate from a registered engineer(structural safety of the building).

How to apply or do the RERA Registration online?

These are the procedures for registering a project in Karnataka RERA.

Step 1 - Go to Karnataka RERA's official website - rera.karnataka.gov.in and click on Project Registration.

Step 2 - Choose the type of registration, either individual or society, and enter your mail ID.

Step 3 - Fill out the promoter details, including Adhaar number, PAN number, etc., and project details.

Step 4 - Upload the necessary documents - refer to the list above.

Step 5 - Finally, proceed with the payment & confirmation of the same.

What is a RERA number?

After the project is officially registered under RERA, it is given a unique identification number. This acts as a proof or validity of the building.

How to Check RERA Number?

It's very easy to check the RERA Registration number online, all you have to do is,

Step 1 - Go to K RERA official website and click on the services tab

Step 2 - Select Project Status

Step 3 - Add either Project Name or Builder Name

Step 4 - You'll get information regarding the project, including the application status and RERA Registration Number.

What are the major benefits of RERA Act?

RERA has also brought about many advantages for Buyers and Builders; a few of them are as follows-

1. Buyers are protected from Delays & Defects
2. Grievance Redressals
3. Builders are protected from Disolvancy
4. Standardized Carpet Area
5. Right to information and many more.

How to file a RERA Complaint Online?

It's now very easy to file a complaint on K RERA online portal. All you have to do is the following steps.

Step 1 - Go to the K RERA website - rera.karnataka.gov.in.

Step 2 - If you are a new user, then create an account.

Step 3 - Click on the Register Complaint option.

Step 4 - Upload the right information regarding the complaint and documents supporting the same.

Step 5 - Once the details are entered, make an online payment, and publish an acknowledgment slip.

In July of 2017, Karnataka RERA was approved by the cabinet. Since then, the realty sector of Karnataka, especially Bangalore, has been very welcoming. This is major because all the major players, be it Home Buyers, Realtors, or Developers are benefitted from this act.

As of January 2021, 4498 projects have applied for RERA Registration. Also, 5145 RERA Complaints & 2490 Agents have been registered in Karnataka RERA. These numbers clearly indicate that as each day passes, the Indian Real Estate Sector is becoming or getting ahead into an organized sector, where it shall benefit the buyer, the middle man, and the seller all.

So, folks, we hope to give you a clearer picture of K RERA Registration and RERA Complaint filing procedures.

We will be back with more information in our "Realty Facts Series," shedding light on more topics.