RERA in Bihar: How to Register Project and File Complaint?

The term “RERA in Bihar” denotes the implementation of Bihar Real Estate (Regulation and Development) Rules 2017 on 28.04.2017. The main aim behind the enforcement of these rules was to provide a platform for RERA Registration of Projects and Agents. Further, it gives a facility to file a Complaint to the Stakeholder, such as a buyer.

In this blog, we will discuss the concept of RERA in Bihar, together with the process of obtaining registration and file complaints.  

Functions of Bihar RERA

The functions of Bihar RERA are as follows:

1. Real Estate Project Registration;
2. Real Estate Agent Registration;
3. Redressal of Complaints;
4. Disclosure of Projects by Promoters;

Benefits of RERA Registration in Bihar

The benefits of Registration under RERA in Bihar are as follows:

1. Fast Track Dispute Resolution;
2. Protects Buyer Interest;
3. Establishes Transparency;
4. Provides Proper Information about Builder and Promoter;
5. Ensures Timely Delivery;
6. Prohibits Advertisement without Registration;

Rules and Regulations of RERA in Bihar

The RERA in Bihar is divided into 10 chapters, and wherein each chapter is responsible for addressing a different aspect. Some of the key aspects of this act are as follows:

1. Monitoring and Verifying the documents required for the registration of Real Estate Project;
2. Validating the disclosures of existing Real Estate Project submitted by a Promoter or Real Estate Agent;
3. Registering a Real Estate Project and approving an expansion only if the said project fulfils the RERA requirements;
4. Monitoring the Application and Renewal of Registration of a Real Estate Agent;
5. Filing of a complaint by the Homebuyer against a Builder or Developer;

Entities Not Eligible for RERA Registration in Bihar

The entities that are not eligible to obtain RERA Registration in Bihar are as follows:

1. An area of land up to 500 sq mtr;
2. If an Apartment does not have more than 8 units;
3. If the Promoter has received the Certificate of Completion before the enforcement of RERA in Bihar;
4. If Repair, Re-development, or Renovation does not include Selling, Marketing, Allotment, or Advertising of new plot, apartment, or building;

Process to Register a Promoter under Bihar RERA

The steps included in the process to register a Promoter of a Real Estate Project under Bihar RERA are as follows:

Visit the Official Website

In the first step, the applicant or the promoter needs to visit the Official Website of Bihar RERA^[1].

Project Registration

In the next step, the applicant requires to click on the option saying “Project Registration” to get redirected to the next page.

Choose Promoter

Now, the applicant needs to first choose the option “Promoter”, and enter the required information, such as:

1. Type of Promoter;
2. PAN No;
3. Email ID; and
4. Mobile Number;

After entering all the information, the applicant needs to click on “Register” to complete the process of RERA Registration.

Process to Register a Real Estate Agent under Bihar RERA

The steps included in the process to register a Real Estate Agent under Bihar RERA are as follows:

Visit the Official Website

In the first step, the applicant or the promoter needs to visit the Official Website of Bihar RERA.

Agent Registration

In the next step, the applicant requires to click on the option saying “Agent Registration” to get redirected to the next page.

Choose Real Estate Agent

Now, the applicant needs to first choose the option “Real Estate Agent”, and enter the required information, such as:

1. Type of Promoter;
2. PAN No;
3. Email ID; and
4. Mobile Number;

After entering all the information, the applicant needs to click on “Register” to complete the process of RERA Registration.

Registration Fee for Bihar RERA

The Registration Fees for Bihar RERA are as follows:

Group Housing

Rs 5 per sq mtr

It is applicable to the projects where the land area does not exceed 1000 sq mtrs.

Rs 10 per sq mtr

It is applicable to the projects where the land area exceeds 1000 sq mtr. However, such an amount cannot exceed Rs 5 lakhs.

Mixed Developments

Rs 10 per sq mtr

It is applicable to the projects where the land area does not exceed 1000 sq mtrs.

Rs 15 per sq mtr

It is applicable to the projects where the land area exceeds 1000 sq mtr. However, such an amount cannot exceed Rs 7 lakhs.

Commercial Projects

Rs 20 per sq mtr

It is applicable to the projects where the land area does not exceed 1000 sq mtrs.

Rs 25 per sq mtr

It is applicable to the projects where the land area exceeds 1000 sq mtr. However, such an amount cannot exceed Rs 10 lakhs.

Plotted Development Projects

In these projects, the fees charged will be Rs 5 per sq mtr. However, such an amount cannot exceed Rs 2 lakhs.

Process to Register a Complaint under RERA in Bihar

The steps involved in the process to register a Complaint under RERA in Bihar are as follows:

Visit the Official Website

In the first step, the applicant or the promoter needs to visit the Official Website of Bihar RERA.

Register Complaint

In the next step, the applicant requires to click on the option saying “Register Complaint” to get redirected to the next page.

Fill the Complaint Registration Form

In this step, the applicant needs to fill in all the details asked in the Complaint Registration Form and requires to upload all the supporting documents.

Make Payment

Now, the Complainant needs to pay the fees of Rs 1000 for filing complaints. The complaint can make payment only through DD (Demand Draft) or Cheque.

Further, the DD or Cheque should be in favour of ‘Real Estate Regulatory Authority Bihar’ and payable at Patna Branch.

Declarations

After that, the complainant needs to check all the boxes of the declarations. The reason behind such declaration is to check that all the information provided by the complainant is the best of his/her knowledge and is within the jurisdiction of the Authority.

Submit

Lastly, click on the option “Submit” to complete the Complaint Registration Form. However, it is significant to note that the complainant must note the “Reference Number” for future use.

Penal Provisions under RERA in Bihar

If in case a Promoter fails to register his/her Real Estate Project under the RERA in Bihar, then he/she will be liable to pay the penalty up to 10% of the Total Estimated Cost of the said Project.

However, suppose in case the violation continued. In that case, the Promoter will be liable for an Imprisonment up to 3 years or for a fine of further 10% of the Total Estimated Cost of the Project, or even with both as per the Rule 35 of the Bihar Real Estate (Regulation and Development) Rules 2017.

Besides the RERA Registration, the Promoter also needs to provide the Quarterly Updates on the status of the Project to the Authority.

Conclusion

With the Implementation of Bihar RERA, one can be sure that his/her rights are well protected as a homebuyer. Further, this act was implemented to boost the potential of the Real Estate Industry in Bihar and to open the gates for the Investors. To know more, visit our RERA Advisory and RERA Registration Services.

Read, More:RERA in Goa