Introduction to RERA Karnataka
Under the RERA Act of 2016, the Real Estate Regulatory Authority (RERA) in Karnataka was founded to ensure transparency, accountability, and discipline in the real estate sector, safeguarding homebuyers’ interests and promoting fair practices
What is RERA Karnataka?
RERA Karnataka is a state-level regulatory body formed under the RERA Act, 2016, which aims to regulate the real estate sector, ensuring transparency and protecting the interests of buyers. The objectives of RERA include:
- Enhancing transparency in real estate transactions
- Ensuring timely delivery of projects
- Protecting buyers’ interests
RERA Karnataka Fees & Charges
The fee structure for various types of projects under RERA Karnataka is as follows:
Details | Applicable Fees |
---|---|
Commercial | Rs.20/sq.m |
Plotted Development | Rs.10/sq.m |
Group Housing | Rs.5/sq.m |
Required Documents
- Brief information of the agency
- Details of registration, MOA, AOA, bye-laws
- Personal details and photographs of directors or partners
- PAN card copy (self-attested)
- Address proof of the business (self-attested)
Protection for Karnataka Real Estate Buyers
Buyers can file complaints for any violations under the RERA Act with the Adjudicating Officer or Regulatory Authority. A Demand Draft (DD) of Rs. 1,000 is required to file a complaint.
How to Register in RERA Karnataka
Step-by-Step Registration Process
- Visit the official RERA Karnataka website.
- Select ‘Registration’ from the drop-down menu.
- Choose the appropriate registration type (Project, Complaint, Extension, etc.).
- Prepare all required documents as per the checklist.
- Follow the on-screen instructions to complete the registration process.
Documents Required for RERA Karnataka Registration
For Promoters
Document | Details |
---|---|
Balance Sheet | For 3 years |
Audited Profit and Loss Statement | For 3 years |
Directors’ Report | For 3 years |
Cash Flow Statement | For 3 years |
Auditor Report | — |
Income Tax Return Acknowledgement | — |
PAN Card | — |
Encumbrance Certificate | — |
Commencement Certificate | — |
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/Development/Joint Development Agreement | — |
Declaration (Form B) | — |
Khatha | — |
Approval/NOC | Under various acts |
NOC | Fire Force, Airport Authority, BESCOM, BWSSB, KSPCB, SEIAA, BSNL, Lift Authorities |
Existing Layout Plan | — |
Existing Section Plan and Specification | — |
Change of Land Use | — |
NOC | BMRCL, Urban Land Ceiling, Coastal Regulation Zone Authority |
Sectional Drawing of Apartments | — |
Advocate Search Report | — |
Utilisation Certificate | — |
Transfer of Development Rights Certificate | — |
Relinquishing Deed | — |
Project Photo | — |
For Individual Real Estate Agents
Document | Details |
---|---|
Name | As per PAN records |
Contact details | Mobile phone or telephone number |
Email ID | — |
Self-attested ID proofs | Passport, voter ID card, Aadhaar card, driving licence, bank passbook with photograph |
PAN card | Self-attested copy |
Passport-sized photograph | — |
Agent notarised affidavit | On Rs.100 stamp paper |
For Companies, Societies, Partnerships, Trusts, Development Authorities, or Proprietorships
Document | Details |
---|---|
Name of the applicant | — |
Full address | — |
Contact details | Telephone number or mobile phone number |
Email ID | — |
Self-attested ID proofs | Bank passbook with photograph, company registration certificate, shops and establishment certificate, GST certificate |
PAN card | Self-attested copy with company seal |
Details of one director or partner | Name, contact number, email ID, photograph |
Office Contact Information Of RERA
- Address: Real Estate Regulatory Authority Karnataka, Karnataka Real Estate Regulatory Authority Second Floor Silver Jubilee Block 3rd Cross Road CSI Compound, Mission Rd, Sampangi Rama Nagara, Bengaluru, 560027
- Telephone: 080 2224 9798
RERA Karnataka also offers a Helpdesk, a digital platform that records queries and provides solutions to stakeholders.
RERA in Various States
Comparing RERA implementations across different states can provide insights into best practices and areas for improvement. States with notable RERA implementations include:
- Karnataka
- Maharashtra
- Rajasthan
- Punjab
- Gujarat
- Delhi
- Odisha
- Haryana
- Telangana
- Tamil Nadu
- Bihar
- Uttar Pradesh
- Chandigarh
- Uttarakhand
- Madhya Pradesh
- West Bengal
- Andaman
- Himachal Pradesh
- Goa
- Chhattisgarh
- Andhra Pradesh
Frequently Asked Questions
RERA Karnataka is the state-specific implementation of the Real Estate (Regulation and Development) Act, aimed at regulating and promoting the real estate sector in Karnataka.
You can register your project by filling out the application form on the RERA Karnataka website, submitting necessary documents, and paying the required fees.
The fees vary based on the project size and type, with specific fee structures for different types of projects.
You can check the registration status online on the RERA Karnataka website or by visiting the RERA office.