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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

Service provided by Manoj Patel in Surat vesu Branch was helpful and because of his support we were able to close loan.

Prakash Patil

Home Loan | 23 Aug, 2024

Excellent A1 Services. The Lady at the Customer Desk is very Cooperative and helpful so that my work completed without the time frame. The name of the Lady is Amruta Pathak. God bless her and her family. Thanks and Regards for the entire team of Tata Capital.

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Home Loan | 13 Aug, 2024

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Home Loan | 17 Jul, 2024

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Home Loan | 02 Jul, 2024

Mr Avinash who handled my case is well experienced and has courtesy for customers' concerns. However, some of the Tata Capital products are very expensive when compared to other banks' ones!

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Home Loan | 28 Jun, 2024

Start to end of my loan process was simple and guidance of your team members were to the point. My last communication was with Mr. MANOJ PATEL from surat branch he was very polite and helpful.

Anamika Vijaykumar Tiwari

Home Loan | 20 Jun, 2024

We extend our heartfelt gratitude to Mr. Pravin Sagare, Senior Officer of Customer Service, for his exceptional service. His remarkable demeanor and professionalism during telephonic interactions with customers have been truly outstanding. Over the past two years, we have utilized various services, yet none have matched the quality provided by Mr. Sagare. We are deeply impressed by the exemplary service, due to this reaons we has influenced our decision to obtain a second home loan from TATA Capital Housing Finance Limited.

Avinash Vasantbhai Bhesaniya

Home Loan | 07 Jun, 2024

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.

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Home Loan | 14 Mar, 2022

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