Madhya Pradesh RERA

Madhya Pradesh's Real Estate Regulatory Authority (RERA) is responsible for overseeing and regulating the real estate industry within the state. This statutory body brings transparency to transactions and protects the interests of homebuyers with the aim of timely completion of real estate projects.

Here are the details of these charges as set by MP RERA, which depend on the type of project:

All real estate projects within Madhya Pradesh have to register with the Real Estate Regulatory Authority. Here are the steps:

1. Visit the official website of the MP RERA at https://www.rera.mp.gov.in/

2. Click on the ‘Registration’ section in the dashboard on the top and select the ‘Project Registration’ option

3. Go through the instructions and click on ‘Proceed’

4. Enter the promoter details, project details, and bank details of the project

5. Pay the applicable fee as per the project category

6. Attach the necessary documents and submit the registration form

7. The RERA will then review and approve your registration, after which they will assign the project a unique registration number

When registering a project relevant paperwork is required. This includes: 

• Details of the registration under the ‘Promoter Details’ section

• In the case of a company/firm, passport photographs of the Chairman, Director, and all the members of the board

• In the case of a company/firm, the Aadhaar and PAN cards of the Chairman, Director, and all the members of the board

• Authenticated copy of the profit and loss statement, balance sheet, audited reports, and the Income Tax Returns of the last three years

• Authenticated copy of the legal title deed and other relevant documents, such as a non-encumbrance certificate from the revenue authority 

• Details of the land dues

• In case the promoter is not the owner of the land, details of the consent/collaboration/development agreement between the promoter and the owner 

• A certified copy of the approval and commencement certificate from an acceptable authority

• Plan of the developmental work on the proposed land

• Details of the location and clear demarcation of the project

• Allotment letter, agreement for sale, and conveyance documents

• Number, types, and carpet areas of the apartments to be sold under the project and the number of open parking areas

• Names of contractors, architects, and structural engineers

• Declaration in Form B, supported by an affidavit

After registering the project on the RERA website, hard copies of the following documents are needed:

• Form B1 – Khasra 

• An original copy of an affidavit for a new project

• Original copy of the Declaration in Form B supported an affidavit

• Approved layout plan from Town and Country Planning Organisation (TNCP)

• Approved building plan from a competent authority