Guide to project registration in West Bengal

Guide to project registration in West Bengal
  • General
  • Friday 26th June 2020
  • Author: Riya Kapoor

Highlights

  • The Housing Industry Regulatory Authority is established under section 20 of the West Bengal Housing Industry Regulatory Act,2017 which has been published in the Official Gazette of dated 17th October 2017 and came into effect on 1st June 2018. Registration of Real Estate Project with the Housing Industry Regulatory Authority is compulsory under section 3 of the West Bengal Housing Industry Act,2017

The Housing Industry Regulatory Authority is established under section 20 of the West Bengal Housing Industry Regulatory Act,2017 which has been published in the Official Gazette of dated 17th October 2017 and came into effect on 1st June 2018. Registration of Real Estate Project with the Housing Industry Regulatory Authority is compulsory under section 3 of the West Bengal Housing Industry Act,2017.

Documents required for project registration

(i) authenticated copy of the PAN card of the promoter;

(ii) audited balance sheet of the promoter for the preceding financial year and income tax returns of the promoter for three preceding financial years;

(iii) copy of the legal title deed reflecting the title of the promoter to the land on which development is proposed to be developed along with legally valid documents with authentication of such title, if such land is owned by another person;

(iv) the details of encumbrances on the land on which development is proposed including any rights, title, interest or name of any party in or over such land along with details;

(v) where the promoter is not the owner of the land on which development is proposed details of the consent of the owner of the land along with a copy of the collaboration agreement, development agreement, joint development agreement or any other agreement, as the case may be, entered into between the promoter and such owner and copies of title and other documents reflecting the title of such owner on the land proposed to be developed;

(vi) an authenticated copy of the approvals and commencement certificate from the competent authority obtained in accordance with the laws as may be applicable for the real estate project mentioned in the application, and where the project is proposed to be developed in phases, an authenticated copy of the approvals and commencement certificate from the competent authority for each of such phases;

(vii) the sanctioned plan, layout plan and specifications of the proposed project or the phase thereof, and the whole project as sanctioned by the competent authority;

(viii) the plan of development works to be executed in the proposed project and the proposed facilities to be provided thereof including fire-fighting facilities, drinking water facilities, emergency evacuation services, use of renewable energy;

(ix) the location details of the project, with clear demarcation of land dedicated for the project along with its boundaries including the latitude and longitude of the end points of the project;

(x) proforma of the allotment letter, agreement for sale, and the conveyance deed proposed to be signed with the allottees;

(xi) the number, type and the carpet area of apartments for sale in the project along with the area of the exclusive balcony or verandah areas and the exclusive open terrace areas apartment with the apartment, if any;

(xii) the number and areas of garage for sale in the project;

(xiii) the number of open parking areas available in the real estate project;

(xiv) the names and addresses of his real estate agents, if any, for the proposed project;

(xv) the names and addresses of the contractors, architect, structural engineer, if any and other persons concerned with the development of the proposed project;

(xvi) a declaration in FORM - 'A' as per rule.

Government Fees for project registration

The promoter shall pay online a registration fee at the time of application for registration of project through net banking or debit card or credit card, for a sum calculated at the rate of:-

(a) rupees ten per square meter for residential projects where the area of land proposed to be developed does not exceed two thousand square meter subject to minimum fees of rupees ten thousand; or rupees twenty per square meter for residential projects where the area of land proposed to be developed exceeds two thousand square meter, but not exceeds five thousand square meter or rupees thirty per square meter for project where the area of land proposed to be developed exceeds five thousand square meter; or

(b) rupees thirty per square meter for commercial or any other projects. For a project having both residential and commercial units the registration fee shall be pro rata to the area used for residential and commercial purpose

For project Registration in West Bengal , Click here 

For Agent Registration in West Bengal , Click here

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