Fees for RERA in Bihar for the real estate developers
As per RERA, it is compulsory for the land developers to register their projects. They have to fill up Form A. Moreover, that particular individual in the form of the developer has to pay a registration fee in the application process for the registration of his or her project. Moreover, they have to use a demand draft drawn in favor of the concerned authorities. On the other hand, the mode of payment can also be based on online means. It can be paid through the medium of the bankers’ cheque.
In the case of a group housing project
Rs 10 per meter square- It has been capped up to an amount of 5 lakh rupees. It is for those projects where the area of the proposed land is to be developed in the exceeding limit of 1000 square meters.
Rs 5 per meter square- It is applicable for those projects where the area to be developed do not exceed 1000 square meters.
In the case of residential and commercial projects
Rs 10 per meter square- It applies to those projects where the land to be developed does not exceed 1000 meters.
Rs 15 per meter square- It has been capped up to 7 lakh rupees. It is for those projects where the area of the land to be developed exceeds 1000 meters.
In the case of projects that are made for commercial projects
Rs 20 per square meter- It is applicable for those projects where the proposed land to be developed do not exceeds 1000 square meters.
Rs 25 per meter square- This amount has been capped up to Rs 10 lakhs. It is for those projects where the proposed area to be developed exceeds one thousand square meters.
In the situation of development projects that are plotted in nature
In these cases, a minimal amount of Rs. 5 per square meter is being charged, but the amount is not more than Rs. 2 lakhs.
The fees for the application of time extension of Real Estate Project
In this context, it is worthwhile to note that the developer can apply for the extension of time for the completion of the real estate project by filling up Form E. On the other hand, he has to pay an amount that is equal to half the sum of the registration fees that is prescribed under the sub rule 3. It is interesting to note that the individual can pay the fees with the help of a demand draft which is drawn from any nationalized bank or a Co-Operative Bank and they can pay the amount through the online mode too.
The fees for RERA in Bihar for the real estate developers and agents
The registration charges for the agents
By filling up Form G, the actual estate agent can register with the RERA. In this case, the agent has to pay a sum of Rs. 10000 in a case of being an individual. In other cases, the applicant has to pay an amount of Rs. 50000. To pay the RERA registration fee, the applicant can pay by a demand draft drawn on any nationalized bank or he or she can also pay the amount through online modes of payment.
The renewal registration fees for the agents
The Real Estate Agents in Bihar can renew their registration by filling up Form J and submitting the same to the concerned authorities. They can pay this amount either by a demand draft drawn on any nationalized bank, or they can pay this amount through online modes. The applicant has to pay a sum of Rs. 5000 in a case of being an individual and an amount of Rs. 25000 in many other cases.
The fees in Bihar for RERA in the case of filing of complaint
The fees for filing complaint with the Regulatory Authority
If a person is agitated or aggrieved, then he or she can file a complaint with the Regulatory Authority. They have to fill up Form M along with a demand draft of Rs. 1000 to a regulatory authority.
The fees for filing complaint with theAdjudicating Officer
Any aggrieved person can compliant to the Adjudicating Officer by paying an amount of Rs. 1000 by filling up Form N and paying by the medium of a demand draft.
The fees for appeal with the Appellate Tribunal
By using Form L, an appeal can be filed in triplicate along with a price of Rs. 5000. It can be paid by using a demand draft that should be drawn in favor of the concerned authorities. It can also be paid by using online mode of payments.
Note- The information that is available is as per the notification issued by RERA. However, the documents may vary from state to state.