Karnataka RERA revises charges for various services rendered by RERA
- Tuesday 25th February 2020
- Author: Riya Kapoor
Under Section 37 of the Real Estate (Regulation and Development) Act, 2016, the Karnataka Real Estate Regulatory Authority is vested with the power to issue directions from time to time the promoters, allottees or real estate agents as it considers necessary from time to time
Under Section 37 of the Real Estate (Regulation and Development) Act, 2016, the Karnataka Real Estate Regulatory Authority is vested with the power to issue directions from time to time the promoters, allottees or real estate agents as it considers necessary from time to time.
In order to provide services on transactional basis for updating registration of project, technical clearance, and permission, etc., rendered by the Authority and to state that it has been decided to levy the charges, which shall be over and above the charges of the Authority as prescribed in the Rules, which also includes updating website, database management and maintenance of website, etc. But bank charges and taxes shall be charged extra on the actual basis to be paid by the user.
Circular No. RERA/ADM/CR-119/2019-20 dated 13-12-2019 laying down the charges for various services rendered by Karnataka Real Estate Regulatory Authority (K-RERA) stands revised. It is felt necessary to issue further directions on the charges for the specific services. Hence, the charges for the following services rendered by K-RERA is as bellow:
|Sno||Type of Transaction||Fees excluding taxes|
Correction of the project name
|2.||Correction of the project address||Rs 10,000|
|3.||Correction of promoter name||Rs 10,000|
|4.||Correction of promoter address||Rs 10,000|
|5.||Correction of the email address or mobile number||Rs 10,000|
|6.||Change of RERA bank account details||Rs 10,000|
It is to be also noted that the levy of the above-prescribed charges will be effective commencing from this 15-02-2020 irrespective of the date of submitting of application and approval thereof, till further revision.
For the above change request, you can contact us.
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