Jharkhand RERA: Real Estate Regulatory Authority

By Investoxpert | 24 Dec 2020 | Real Estate News

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What is Jharkhand Rera: Real Estate Regulatory Authority all about?

 

This article is completely about the Jharkhand RERA that states the simple steps to get RERA registration done. The agents/promoters/developers need to submit required details, documents and the fees and everything is explained in this following article.

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Jharkhand RERA

 

RERA Act was introduced to boost up the real estate market and gives defined regulations and provisions for each state. It helps in promoting and monitors all the developments happening in the state. All property types either it be residential or commercial falls under this act. This act will protect the developers as well the prospective buyers from any fraud or the dispute. Now, the property dealing will be more transparent and accountable. It will surely reduce the misleading activities and delays in the projects.

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Real Estate Regulatory Authority (RERA) Jharkhand will now make sure every home buyer is safe and well-protected. Now, the customers will be offered good services as now there are rules for the developers and the agents. An Appellate Tribunal was formed to address all the grievances and complaints that were lodged by the aggressive and disappointed customers. The buyers can file their concern against an order or decision by the authority. It now becomes the responsibility of the Tribunal to clear the appeal and close it within 60 days. Also, every agent is required to get them registered in RERA and only a registered agent is allowed to buy or sell properties under the provisions of Jharkhand Gov RERA.

 

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Registration as a Developer/Promoter through online mode

RERA Jharkhand- The registration Process is as follows:

Step 1: Visit the Jharkhand Gov RERA homepage.

Step 2: The, visit the developer or promoter’s RERA Jharkhand online webpage.

Step 3: Then select the User type i.e. Developer or Promoter and put in the required details and

Step 4: Select the “Register Now” option and you are done.

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Documents required by Promoter/Developer

The important documents required for RERA registration in Jharkhand are mentioned below:

• PAN Card copy.

• Promoter’s audited Balance Sheet of the previous year.

• Promoter’s audited Income Tax Returns (previous 3 years).

• Total parking areas- open and close as per the availability.

• Title authentication along with other necessary valid documents need to be submitted by the promoter.

• Collaboration agreement copy, Owner’s consent details, development agreement, or joint agreement between the owner and promoter is to be submitted if the owner is not the promoter of the concerned project. The title of the land/property owner and copies title deed must also be submitted by the promoter.

 

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• Name, residential address, contact details, and promoter’s photographs, if individual registration is taking place. If registration is done as a business entity, then the promoter must submit the chairman’s address, contact details, name, partners, the board of directors, and other authorized persons along with their photographs.

• A cheque from the bank or Demand draft can be given for the RERA Jharkhand registration fees, in case the promoter is unable to make an online payment. All the supporting documents of the promoter like an extension of the project and status are also to be submitted. Other important documents also include:

• Specifications and layout plan.

• The approved original plan.

• Specifications, Layout plan, and approved plan at present that has modifications made.

• Plot area disclosing documents.

• Size of the apartment supporting documents.

• Registration as an agent through online mode

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The RERA Jharkhand- Registration Process for agents is as follows:

Step 1: You need to visit the Jharkhand Gov RERA homepage.

Step 2: Visit the webpage for agent registration.

Step 3: Choose “Agent” as the user type and put in all the necessary details.

Step 4: Select “Register Now”.

 

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Documents required by Agent

The necessary documents required to apply for the registration process by the agent are as follows:

• The authority must be given a triplicate Form H (written application).

• PAN card copy.

• Business entity’s address proof copy.

• Enterprise information like name, office address, and enterprise type i.e. partnership, company, proprietorship, societies, etc.

• IT Returns of previous 3 years as per the IT Act of 1961.

• The applicant must submit a declaration claiming that he/she has been exempted from tax filing (in the previous 3 years).

• If the promoter is unable to pay via online mode, then he can submit the registration fees & charges through Cheque or Demand Draft. The registration fee for an individual is Rs. 5,000 and for others, it is Rs. 2,000.

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Renew process

There is a renew process that is involved in RERA act.

• Before 3 months of registration expiry, you need to submit Form K and an application as per Section 6 granted by Section 9.

• The fees for renewal for an individual are Rs 5,000 and for others it is Rs 50,000. You can make the payment either online or through a scheduled bank.

• Pay the fees along with the renewal application submission.

• As per the Section 10.1 you are required to submit some documents along the application.

• The authority through Form L will inform the applicant about the approved registration renewal.

• In case of rejection, the applicant will be informed by the authority in Form J.

• The renewal application is either rejected or approved on the basis of applicants who have complied as per the provisions, rules, and regulations mentioned in the RERA Act.

• The validity period is 5 years for the renewal granted.

 

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Complaint filing under RERA IN Jharkhand

Filling complaint against any dispute or concern, you need to follow these simple steps:

Step 1: Visit the Jharkhand Gov RERA homepage.

Step 2: Select the “Complaint Registration” option.

Step 3: You will further move to the webpage of the Jharkhand Real Estate Regulatory Authority (RERA) complaint registration.

Step 4: Then select the “User type” (either Agent or Promoter/Developer) and put in the asked details.

Step 5: Now click on the “Register Now” option to complete your complaint filing.

 

Login process in RERA Jharkhand

The login process in RERA Jharkhand is quite simple and can be done online with following some steps mentioned below:

Step 1: You need to visit the Jharkhand Gov RERA homepage.

Step 2: Select the “Login” icon that will open the Jharkhand Real Estate Regulatory Authority (RERA) login page.

Step 3: Then you need to choose the “User type” i.e. Department or Promoter/Agents/Developer.

Step 4: Provide the required details and login with ID along with your password, then enter the captcha and then proceed to sign in.

Step 5: Now you are ready to login to your Jharkhand Gov RERA webpage.

 

Status of RERA

There are Total Developers that are registered under Jharkhand RERA are 43 and total Agents status is 66 with 30 Total number of registered Project.

 

Jharkhand RERA Gov: Housing Department and Urban Development.

Town Planner- Mr. Gajanand Ram.

Secretary- Mr. Ajoy Kumar Singh.

Contact Number- 0651-2400962.

Email ID- [email protected]

 

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