The Chhattisgarh Government has already laid the groundwork for implementing the Real Estate (Regulation and Development) Act, 2016 in the state. Real Estate Regulatory Authority (RERA) will be set up by the State Government and a website for the same is expected to go live soon.
As per the Act, the rules for real estate developers and agents in the state have been published and they are required by law to follow them. Some of the important rules of the Act for developers and agents have been mentioned below.
Any promoter in the state who are looking to start a new real estate project or is already working on one needs to register the same with RERA Chhattisgarh. As per the Real Estate Act, 2016, promoters are required to provide the following information with the relevant documents:
This information will also be published on the official RERA website.
Similar to the developers, real estate agents too, need to register with RERA Chhattisgarh. However, they are required to furnish only the following documents:
A registration fee will be levied on all applications submitted to RERA Chhattisgarh.
For real estate developers, the registration fee depends on the type of the project and the area, as mentioned below.
For real estate agents, the fees to be paid are as following:
For those who are looking to file a complaint with RERA, the following are the fees to be considered:
The entire Act, as drafted by the Chhattisgarh Government, can be found online. It is advised that you go through the same and understand all the provisions and clauses before commencing the registration process.
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