To conduct the real estate business, a developer shall pay a registration fee while applying for registration of his project with the RERA authority. He/she can pay the registration fee with a demand draft or a bankers cheque drawn on any nationalized bank or a Co-operative Bank or through online payment mode.
Rs. 5 per square meter – If the area of land for the proposed project does not exceed 1000 square meters
Rs 10 per square meter – (capped up to Rs. 5 lakhs) – For projects where the area of land proposed to be developed exceeds 1000 square meters.
Rs 10 per square meter – For projects where the area of land proposed to be developed do not exceed 1000 meters.
Rs 15 per square meter (capped up to Rs. 7 lakhs) – For projects where the area of land proposed to be developed exceeds 1000 square meters
Rs 20 per square meter – For projects where the area of land proposed to be developed does not exceed 1000 square meters
Rs 25 per square meter (capped up to Rs. 10 lakhs) – For projects where the area of land proposed to be developed exceeds one thousand square meters.
Rs 5 per square meter but not more that Rs. 2 lakhs
To conduct the real estate business, an agent shall pay a registration fee while applying for registration with the RERA authority. He/she can pay the registration fee using a demand draft, a cheque or through online payment mode when available.
Note:- The information available above is as per the RERA notification by the Central / Delhi Government. The fee for the registration of real estate projects and agents may vary from state to state.
CEO & Founder – PROPERTYYY.com
Vishesh Rai Buffett is an Indian entrepreneur and technology evangelist by heart. He is the Founder and chief executive officer of PROPERTYYY.com, the only Real Estate Consultancy Chain in India.