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To provide transparency to the real estate market, the Indian government has implemented the RERA (Real Estate Regulation and Development) Act in all states and union territories across the nation. The Act was enacted in the year 2016. Like every other state, the government of Bihar also adopted the RERA Act in the state to increase efficiency in the real estate business. The government has also provided an official website of Bihar RERA rera.bihar.gov.in to make the whole procedure more convenient. The website offers several services, including agent registration, project registration, complaint registration, and many more. 

Functions of RERA Bihar

Here are several functions of RERA Bihar.

  • The RERA Bihar is in charge of licensing and regulating real estate developments and real estate agents who are registered under the RERA Act.

  • If any homebuyer lodges any complaint, the Bihar RERA looks into it and resolves the issue within 120 days.

  • RERA Bihar establishes a single-window mechanism to ensure project approvals and clearances are completed on time.

  • RERA Bihar also encourages the development of eco-friendly and low-cost housing. 

  • The Bihar Real Estate Regulatory Authority is also responsible for carrying out the other administrative responsibilities outlined within RERA.

  • The Bihar RERA is responsible for verifying the documents related to the project.

  • The disclosure of existing projects submitted by the real estate agents or promoters comes under the Bihar Real Estate Regulatory Authority’s function. 

  • The RERA Bihar additionally oversees the renewal of an agent's registration.

RERA Act Bihar Rules and Regulations

There are numerous rules and regulations of the Bihar RERA Act. A few of them are listed below:

  • The promoter must sign a selling agreement with the allottee in accordance with the State Government's requirements.

  • The proponent must complete and register a conveyance deed in the name of the allottee or the allottees' organization.

  • The registration number is being issued based on the promoter's information and papers, and the Authority assumes no responsibility for its veracity.

  • In the event that the promoter submits a fake or incorrect document, the authority may cancel the project's registration.

  • If the promoter violates any law, the Bihar Real Estate Regulatory Authority is free to take necessary actions towards them. 

Bihar RERA Fees and Charges

Below is the table containing the details about Bihar RERA fees and charges:

 

Photocopies of documents (First five pages)

Rs. 100

Photocopies of documents (After five pages)

Rs. 20 per page

Written declaration

Rs. 200

Power of attorney

Rs. 50

Case analysis

Rs. 500

Examining the case file

Rs. 200

Local site verification

Rs. 3000 (Under 30 km)

Rs. 6000 (Between 30 km to 60 km)

Rs. 10000 (More than 60 km)

Changes to the registration application

Rs. 1000

Filing of each project's quarterly progress report

Rs. 1000

Documentation of the project's audited statement of account

Rs. 1000

Late charges for housing projects under 1,000 square meters

Rs. 5 Lakhs

Late charges for mixed and commercial projects

Rs. 7 Lakhs

 

How to Register for Promoters in RERA Bihar?

Here are the steps to follow to register for promoters in RERA Bihar.

  • Step 1: To commence, you need to access the official website of the RERA Bihar rera.bihar.gov.in/

  • Step 2: After browsing the site, scroll the main page, and you will see the option of ‘Project Registration.’ Click on that.

  • Step 3: A new page will appear with two options: ‘Promoter’ and Real Estate Agent.’ Choose ‘Promoter’ in order to continue. 

  • Step 4: Next, you will be redirected to a page where you will be asked to fill in the details, including Promoter type, PAN card, and so on. 

  • Step 5: Thereafter, click on the ‘Register’ button.

  • Step 6: The registration process will be completed.

How to Register for Real Estate Agents in RERA Bihar?

Here are the steps to register for real estate agents in RERA Bihar.

  • Step 1: To commence, you need to access the official website of the RERA Bihar rera.bihar.gov.in

  • Step 2: After browsing the site, scroll the main page, and you will see the option of ‘Project Registration.’ Click on that.

  • Step 3: A new page will appear with two options: ‘Promoter’ and Real Estate Agent.’ Choose ‘Real Estate Agent’ in order to continue. 

  • Step 4: Next, you will be redirected to a page where you will be asked to fill in the details, including PAN card, Email ID, and so on. 

  • Step 5: Thereafter, click on the ‘Register’ button.

  • Step 6: Lastly, the registration process will be completed.

RERA Bihar Office Address

Below is the office address of the Bihar real estate regulatory authority: 

  • 6th Floor, Bihar State Building Construction Corporation Campus, Hospital Road, Hathikhana, Rajbansi Nagar, Patna, Bihar 800012

  • 2nd floor, Telephone Exchange Building, BSNL, Patel Nagar, Patna - 800023 (RERA Bihar complaint and legal action address)

You may also reach out to the RERA Bihar officials through the given details:

 

RERA Bihar contact number

06123094444, 06122291015, 06122291014

Email Id

rerabihar@gmail.com

rera@bihar.gov.in 

 

Conclusion

The Real Estate Regulation and Development Act (RERA) was introduced in 2016 to spruce up the real estate sector in India.  Bihar too, like other states, has adopted the RERA policy and is working towards its effective implementation. If you have any grievances pertaining to real estate in Bihar, the RERA offices mentioned above should be contacted immediately. Additionally, if you wish to purchase a property of your own in Bihar, and wish to do so with the aid of a Home Loan, you can visit Bajaj Markets.