Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

RERA Karnataka, also known as the Karnataka Real Estate Regulatory Authority, is a regulatory body established to bring transparency and accountability to the real estate sector in Karnataka. This article provides an overview of RERA Karnataka, including the fees and charges applicable for different project categories, the act governing real estate agents, protection for buyers, the registration process, and the RERA office address.

RERA Act for Karnataka Real Estate Agents

The RERA Act for Karnataka Real Estate Agents outlines the rules and regulations that govern their conduct. It mandates that all real estate agents in Karnataka must register themselves with RERA Karnataka. This registration ensures that agents operate ethically and professionally, providing homebuyers with reliable and trustworthy services.

Protection for Karnataka Real Estate Buyers

RERA Karnataka provides several protections for real estate buyers to safeguard their interests. Some key provisions include:

  • Mandatory disclosure of project details, including layout plans, approvals, and timelines.

  • Escrow account requirements to ensure that funds received from buyers are utilized only for the specific project.

  • Imposition of penalties on developers for delays in project completion or any violation of the agreement.

  • Establishment of a Real Estate Regulatory Authority to address grievances and disputes between buyers and developers.
     

These measures aim to instill confidence in homebuyers and promote a fair and transparent real estate market in Karnataka.

How to Register in RERA Karnataka

Registering a project with RERA Karnataka is a crucial step for developers to ensure compliance. The registration process involves the following steps:

  • Visit the official RERA Karnataka website and navigate to the project registration section.

  • Fill in the required project details, including project type, location, and developer details.

  • Pay the applicable fees online as per the project category.

  • Submit the application along with the necessary documents, such as project approvals, clearances, and the developer's credentials.

  • Once the application is reviewed and approved, you will receive a unique registration number from RERA Karnataka.

RERA Office Address

For any queries or assistance related to RERA Karnataka, you can reach out to the following address:

Real Estate Regulatory Authority Karnataka, 2nd floor, Silver Jubli Block, Unity Building, CSI Compound, 3rd Cross, Mission Road, Bengaluru, Karnataka-560027

Telephone: 080 - 22249798/22249799, Email ID: info.rera@karnataka.gov.in

Conclusion

RERA Karnataka plays a vital role in promoting transparency, accountability, and consumer protection in the real estate sector. Registering your project with RERA Karnataka not only ensures compliance with regulatory guidelines but also instills confidence in homebuyers. For seamless financing options, explore Tata Capital's home loan offerings tailored to your needs. Partner with us to embark on your journey towards owning a home in Karnataka.

What our customers say about us

I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.

Sumeet Verma

Home Loan | 14 March, 2022

The submission of my home loan application was very simple and easy. Even the documentation process was very simple and ended in very less time.

Yukta Jaiswal

Home Loan | 11 March, 2022

The customer support service is good as they responded to my queries without any wait time. With their help, my home loan was approved in very less time.

Rashmi Singhania

Home Loan | 28 February, 2022

I got my home loan approved from Tata Capital. The reason behind going with Tata Capital home loan is they were offering home loan at best price and zero processing fee.

Aman Malik

Home Loan | 18 February, 2022

Rate of interest for the home loan is nominal. The processing fee is applicable but even that's nominal.

Chintan Saraiya

Home Loan | 20 October, 2021

The agent explained clearly about the home loan process. There was no hassle in getting the loan.

Ayaz Azmi

Home Loan | 20 October, 2021

I was given a clear picture about the loan process. I am impressed how I was properly notified by the bank and how transparency was maintained.

Kalpana Singh

Home Loan | 20 October, 2021

The processing fee was nominal for my home loan. It was processed hassle free. I am satisfied with the service.

Sridhar Pillai

Home Loan | 20 October, 2021

The process for my housing loan was immediate. Interest rates were normal at X%. The documentation process was hassle free. What else can I expect!?

Kundan Meher

Home Loan | 20 October, 2021