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Ever since implementing the RERA Act in Chhattisgarh, the state's real estate transactions have become much easier. One of the significant benefits of this act is that it has enhanced buying and selling properties.
To maintain seamless functioning, people must follow specific guidelines set by the government through this act. In this article, you will find all the necessary details regarding the RERA act specific to this state.
In simple words, this act controls the real estate market in Chhattisgarh. As per the rules set by this act, every broker and real estate developer must register themselves and the properties. Furthermore, it is advised those looking for property options to invest in must check whether that project is registered.
Chhattisgarh is one of the pioneering states to bring the RERA act into effect in 2017. Further, CG RERA was brought into the limelight in November 2017. In addition, to date, 1575 projects, 1075 promoters, and 703 agents have registered with the state’s Real Estate Regulatory Authority. Apart from that, the authority has also resolved 1649 complaints regarding property disputes.
Below mentioned are some rules of this act that every individual in the real estate sector has to obey.
Here is a step-by-step guide to help every beginner to understand the project registration process under this act.
Step 1: Visit the official website of CG RERA.
Step 2: Click on “Registration” at the page's top.
Step 3: Hover your cursor to the “Promoter/Project” option, and select "Online Application- Promoter (Saral)”.
Step 4: You will be redirected to a page where you can choose between "New Promoter" and “Existing Promoter”.
Step 5: First-timers will be redirected to a page where they have to submit specific information. Here you will find the following sections that you need to fill in.
Step 6: After filling in every detail, make sure to “Save and Submit” to complete the registration process.
Step 7: If you are an existing promoter, enter your registration number and submit it to complete the process.
According to RERA in Chhattisgarh, all promoters must prepare the following documents while registering their project under this act.
As a project agent, you should also register under this act. Here is a guide to complete this process easily.
Step 1: Visit the official website and select “Registration”.
Step 2: From the drop-down menu, choose "Real Estate Agent" and then click on “Online Application.”
Step 3: You will be redirected to a page where you need to feed personal, business and information related to CG RERA charges.
Step 4: Re-check all information and click on “Submit.”
These are the following documents essential for a project agent registration.
The table below highlights the RERA registration charges in Chhattisgarh depending on different parameters:
Registration Charges Required for Types of Real Estate Developers
|
Property Description |
Charges |
|
Projects are less than 1000 square metres |
₹ 5 per square metre |
|
Projects are over 1000 square metres |
₹ 10 per square metre |
Registration Charges Required for Types of Commercial Projects
|
Property Description |
Charges |
|
Proposed project land area is not more than 1000 square metres |
₹ 20 per square metre |
|
Project land area is more than the mentioned limit |
₹ 25 per square metre |
|
Property area is less than 1000 square metres for both commercial and residential units. |
₹ 10 per square metre |
|
If a project land exceeds 1000 square metres |
₹ 15 per square metre |
Registration Charges Required for Real Estate Agents
|
For Types of Application |
Charges |
|
Individual applicant |
₹ 10,000 for registration and ₹ 5,000 for renewal |
|
Non-individual applicant |
₹ 50,000 for registration and ₹ 25,000 for renewal |
For the last few years, India has been struggling to recover from a massive setback due to the Coronavirus outbreak. This enabled the Real Estate Regulatory Authority to start addressing issues through video communication.
Promoters from Chhattisgarh can check their RERA application by following these simple steps.
Step 1: Visit the official website CG RERA.
Step 2: Click on “Registration Status”
Step 3: From the drop-down, choose either "Project Registration Status" or "Agent Registration Status", depending on your requirement.
Step 4: If you want to know the registration status of a project, enter your reference number and a security code.
Step 5: However, if you are looking for the registration status of an agent, you must add PAN details, your reference number, and a security code.
Your application status will appear depending on the information you feed into this system.
The following steps will guide you through the process of searching for registered projects under the RERA act in CG.
Step 1: Go to the official website of Chhattisgarh’s RERA act.
Step 2: Look for “Registered Projects & Agents” tab.
Step 3: Select the option of “Registered Projects/Promoters.”
Step 4: Choose the type of project you are looking for from the drop-down that appears. It can be on-going, extended, completed, or delayed projects.
Step 5: You can also click on “All Projects” and filter your search from here.
If you want to look for registered agents under this act, follow these easy steps.
Step 1: Visit the official website for RERA Chhattisgarh.
Step 2: Click on the “Registered Projects & Agents” tab.
Step 3: Choose “Registered Agents.”
Step 4: A long list of all the registered agents appears on the screen.
Step 5: You can also type an agent’s name, district, tehsil and registration number if you are searching for someone in particular.
Those who stay up-to-date with the real estate projects in Chhattisgarh may require accessing the rejected project list under this act. Here is the process to do so.
Step 1: Go to the official website of CG RERA.
Step 2: Click on “Registered Projects & Agents” from the top menu.
Step 3: Choose the option of “Registered Projects/Promoters.”
Step 4: From the side menu that appears, click on “Revoked Projects”.
Step 5: You are now taken to a new page with several revoked projects. Here you can further filter your searches if required.
By following the same steps, you can also check any suspended projects as well. Just select "Suspended Projects" instead of the previous option.
Individuals, who have any objection against an agent or a project where they have invested, can raise a complaint. These are the steps to follow in case of lodging a complaint.
Step 1: Visit the official website of CG RERA.
Step 2: Choose “Complaint” from the navigation menu.
Step 3: Upon clicking the tab, a drop-down will appear
Step 4: Select either “Complaint (Form-M)” or “Complaint (Form-N)” depending on the nature of your grievances.
Step 5: You will redirect to a page with two options on the screen, “New Complaint” and “I already have a reference number.”
Step 6: Those who choose "New Complaint" must fill out a detailed form describing different particulars. This form contains three sections; complaint details, project details, and non-applicant details.
Step 7: Double check the information you have provided, put the security code and submit your complaint.
Step 8: If you already have the reference number, enter that unique number and security code.
Step 9: Complete the process by clicking on “Submit.”
As the RERA guideline states, every registered real estate agent and developer must submit a quarterly work report. Those interested in tracking their progress can access these reports from the official portal of RERA in Chhattisgarh.
One can follow these steps to access a progress report of any registered project.
Step 1: Visit the official website of CG RERA.
Step 2: Click on “Annual Reports” at the top bar.
Step 3: Choose a suitable option.
Step 4: A PDF file will open on a new tab; go through that file to check the progress report.
The enactment of the RERA act in Chhattisgarh has provided several rights to property buyers. In addition, it has also specified certain rules that eventually benefit both parties. Some major benefits of this act are listed below.
RERA has standardised the carpet area. Previously this was not defined; hence, each builder used their way to calculate this. Thus resulting in incorrect calculations and thereafter causing multiple problems. After legitimization of this act, builders now have to use this formula for any property.
Cost of Property = Carpet Area x Rate per sq ft
In conclusion, we can state that the RERA Act in Chhattisgarh has changed the way the real estate sector used to perform. This great initiative by the government of India promotes transparency among every buyer and seller. In addition, enactment of this act reduces corruption and other ill-practices that occur in the real estate sector in Chhattisgarh.
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Disclaimer: This information is added only for informative purposes and collected from different sources across the Internet. Digit Insurance is not promoting or recommending anything here. Please verify the information before making any decisions.
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