Imposition of late fee on non registration of project by APRERA

Imposition of late fee on non registration of project by APRERA
  • General
  • Thursday 3rd October 2019
  • Author: Riya Kapoor

Highlights

  • As per the provisions of section 3 of the act , all the real estate projects from 01-05-2017 including ongoing projects which are in extent of more than 500 square meters and more than eight units have to be registered with APRERA.

  • If any promoter contravenes the provision of section 3, he shall be liable to pay penalty which may extend upto 10 percent of the estimated cost of the real estate project

As per the provisions of section 3 of the act, all the real estate projects from 01-05-2017 including ongoing projects which are in the extent of more than 500 square meters and more than eight units have to be registered with APRERA.

If any promoter contravenes the provision of section 3, he shall be liable to pay the penalty which may extend up to 10 percent of the estimated cost of the real estate project. APRERA has issued a circular dated 15-05-2019 in which projects are divided into two categories i.e. all the project which got their plans approved between 01.01.2017 to 15-04-2019 and another category as project which got their plans sanctioned post 15-04-2019 and fixed the late fee in addition to the actual registration fees as per the Government orders and cut off date was taken as 31 august 2019.

Authority issued a circular dated 11-09-2019 in connection with late fees on registration of projects. For the project which has got approval from competent authorities from 01-01-2017 to 15-04-2019 following things will apply:-

  1. If a promoter files online application after 01 September 2019 and on or before 31 October 2019 they have to pay actual fees as per the Government orders +150% extra of the registration as late fee.
  2. If any promoter files online application after 01 November 2019 and on or before 31 December 2019 they have to pay the actual fees as per the Government orders +200% extra of the registration fees as late fees.

For the projects which has govt approval after 15-04-2019 the following fees and late fees will be levied:

a) All the promoters have to file online applications within 45 days from the date of approval of building/layout plans.If they apply within 45 days, the fees will be levied as per the schedule.

b) If any promoter files an application after 45 days and before 75 days after approval of plan they have to pay the actual fees as per the G.O +25% extra of the registration fees as a late fee.

c) If any promoter files an online application after 75 days and before 105 days after approval of the plan they have to pay actual fees as per the G.O +50% extra of the registration fees as a late fee.

d)If any promoter files online application after 105 days and before 135 days after approval of the plan they have to pay actual fees as per the G.O +100% extra of the registration fees as late fee

e) If any promoter files online application after 135 days and before 195 days after approval of the plan they have to pay actual fees as per the G.O +150% extra of the registration fees as late fee.

f) If any promoter files online application after 195 days and before 255 days after approval of the plan they have to pay actual fees as per the G.O +200% extra of the registration fees as late fee.

If any promoter who has not submitted his application to register their project before 31 December 2019 as per the schedule mentioned under clauses (a) to (f) mentioned above and after 255 days from the date of approval of building /layout plan stringent action as per section 59(1)of the act will be taken against said promoter and shall be liable to a penalty of up to 10% of the estimated cost of the real estate project.

Also read - Penalties on non submission of Quarterly compliances by APRERA

For registration in Andhra Pradesh, please contact us.

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