Himachal Pradesh RERA: Registration Act and Rules

Himachal Pradesh RERA Registration Act and Rules In the last few decades, there can be seen an upward trend in the India’s real estate sector. Himachal Pradesh, a hillside area has witness the development as a modern state with some new investments. These infrastructure developments have pushed the real estate industry. The housing for all scheme i.e. Pradhan Mantri Awas Yojana that was initiated by the Government of India has boosted the developments across the state. 

Read Also: Godrej Buy 33 Acre of Land in Bannerghatta Road Bangalore

But the realty sector till the introduction of RERA act wasn’t regulated properly. Himachal Pradesh Real Estate Regulatory Authority has given way to many upcoming projects.

Read Also Chhattisgarh RERA: Registration Act and Rules

Read Also: Birla Sector 150 Noida

Read Also: M3M Sector 128 Noida

Read Also: Loan Against Property In Noida

The RERA Act includes commercial and residential properties from plots, apartments or the buildings. This act was established by the government to safe the interest of the consumers and protects them from any fraud. It comes into force on 1st May 2017 and presently being followed in 14 states and Union territories. It assures on time delivery of the projects and boosts up the confidence and trust of the buyers on the developers. Before starting the project, there are certain approvals to be taken from the authority. It has been made mandatory to avoid any interruptions in the construction project.

Read Also: ATS Homekraft Rohini Delhi

Read Also: Max Sector 128 Noida

Read Also: Godrej Woodsville

Read Also: Paras Floret 

The state RERA authority guidelines require all the details about the project by the developer. The RERA number provided has to be mentioned while the sale of any property. This will avoid any mis-leading information and misunderstanding between the purchaser and sellers. In case they are not followed, there will be penalty and compensation on the developers or the agents.

Read Also Odisha RERA Everything You Need To Know

Read Also:- Top 10 Best Residential Projects in Gurgaon

Read Also:- Top 10 Best Residential Projects in Mumbai

What are RERA benefits for Homebuyers?

In general there are many benefits as per the Real Estate Regulatory Authority.

• All the information about the project has to be visible on the official RERA website and should be up-to-date.

• The builder can only ask to pay for carpet area and not for super built up area.

• The completion of construction has to be done with the 70% of the collected money. So, that the project is delivered on time.

• In case of delay, a penalty of 2% has to be compensated by the developer.

• In case of any defect in the construction by the builder will be held responsible for 5 years.

• Within 120 days, all the disputes must be sorted out with the builder.

Read Also Telangana RERA: Real Estate Development Authority

Read Also: TVS Emerald Singasandra Bangalore

Read Also: Godrej Pimpri Chinchwad Pune

RERA Himachal Pradesh Registration Process fees

RERA Himachal Pradesh Registration Process Fees is as follows:

• Registration made by Agent- Rs. 5000 for individuals & Rs. 20,000 for others.

• Renewal Registration- Rs. 2,500 for individuals & Rs. 10,000 for others.

• Complaint filing- Rs. 500.

Read Also: DLF One Midtown

Read also: Top 10 Best Luxury Apartments in Gurgaon

Read Also: Buy Residential and Commercial Property in Noida

Registration Process- RERA project

The registration process for Himachal Pradesh is quite complicated and consumes a lot of time. It has a 7pages form that needs to be filled and uploaded to the official portal with 10 documents. Here, are the steps that you need to follow as a part of process for real estate project registration.

Step 1: You need to visit the HP RERA official website.

Step 2: If this the first time for you, then you needs to register your name as promoter. So, choose “Promoter” from the options.

Step 3: Now, you have to enter details with some documents and select save then to create your profile.

Step 4: You will be on the project registration page. Go to Home and select “Registration” option.

Step 5: Select “Apply New Project” as per the requirement.

Step 6: In a new webpage log in to your Promoter’s account. Then there will be 7 seven pages that need to be filled.

Read also: Jharkhand RERA: Real Estate Regulatory Authority

Read Also: M3M Sector 79 Gurgaon

Read Also: Smart World Sector 79 Gurgaon

The seven pages are:

• Promoter’s profile- All personal details and other relevant financial details.

• Details of the project- The important details of the project like location, ownership, and size are to be entered.

• Sanctioned project- The sanctioned project details like the type of project, sanctioned plan, stability certificate of the structure, etc.

• Project professionals- The name and certificates of the professionals involved in the project must be entered.

• Civic facilities- The relevant facilities as per the project requirement need to be selected.

• Project Declaration- The verification of the relevant documents is to be done in Form B by Affidavit/Declaration. It is an important page as all the documents need to be verified before the form is submitted.

• Project fee- The project fee is dependent on the size of the area and type of project. The mode of payment is online.

Read Also: TARC Kirti Nagar Delhi

Read Also: Top 10 Best Luxury Apartments in Pune

Read Also: Top 10 Best Luxury Apartments in Mumbai

Read Also: M3M Projects in Gurgaon

Registration Process- RERA agent

Himachal Pradesh RERA agent registration process is as similar as the HP RERA project registration. But the only difference between the two is that agent registration needs fewer documents and is less time consuming as well.

Step 1: Visit the HP RERA website.

Step 2: Choose “Register” and click on “Agent”. Then you will have to enter the necessary details and log in to complete the process.

Step 3: After logging in you can continue with the registration form. Two tabs Registration and fee are to be filled.

Step 4: Verification of the information is to be done after filling all the required boxes.

Step 5: Cross check the information and select the “Final Submit” option to receive your Real Estate Certificate of Registration.

Documents required- RERA project

The list of necessary documents provided below and the registration form are required to be uploaded on the official portal of Himachal Pradesh RERA.

The financial documents required are:

• Sale Agreement, Allotment letter, Conveyance deed, possession letter.

• Details and certificates of Professionals involved in the project.

• Civic facilities.

• Structural stability certificate.

• Sanctioned project plan and location plan.

• Himachali Certificate of Agriculturist.

Read Also: Smart World Sector 111 Gurgaon

Read Also: L and T Sector 150 Noida

Read Also: M3M Sector 111 Gurgaon

The personal details required are:

• Aadhar number and PAN.

• Annual financial report.

• Bank details

• Passport size photos.

• Ownership document.

• Revenue documents like the non-encumbrances report, demarcation report, and Tatima.

Documents required- RERA agent

• Aadhar number and PAN.

• Copy of resolution.

• Address proof (business).

• Experience certificate.

• Registration details (UT/State)

Office address

RERA Chairman Himachal Pradesh- Dr. Shrikant Baldi (Retd. IAS & Former Chief Secretary).

Office Address- SDA Complex, Block No. 32-A, Kasumpti (Shimla), Himachal Pradesh- 171009.

Read Also East Facing House Vastu Plan For Your Dream Home

ATS Pious Orchards

Read Also: - Top 10 Best Residential Projects in Pune

Read Also:- Top 10 Best Residential Projects in Kharadi

Read Also: - Top 10 Best Residential Projects In Undri 

Read Also: - Top 10 Best Residential Projects in Wagholi

Read Also: - Top 10 Best Residential Projects In Bangalore

Read Also: - Top 15 Best Residential Projects In Gurgaon

Read Also: Top 10 Best Residential Projects In Noida Extension

Read Also: - Top 10 Best Residential Projects In Sector-150 Noida

Read Also:- Top 10 Best Residential Projects in Noida

Read Also:- Top 10 Best Residential Projects in Wakad

Read Also:- Top 10 Best Residential Projects in Bavdhan

Read Also:- Top 10 Best Residential Projects in Nibm

Read Also:- Top 10 Best Residential Projects in Talegaon

Read Also:- Top 10 Best Low Rise Apartments in Gurgaon

Read Also:- Top 10 Best Residential Projects in Mamurdi

Read also: Top 10 Best Commercial Property in Noida

Read Also: Top 10 Best Luxury Villas in Noida

Read Also: Top 5 Best Luxury Projects in Delhi

Read Also: Top 10 Best Luxury Projects in Bangalore

Read Also: Top 10 Best Luxury Projects in Gurgaon

Read Also: Top 10 Best Residential Projects In Chennai

Read Also: Top 10 Best Residential Projects in Dwarka Expressway Gurgaon

Read Also : Assetz Group Property Bangalore Real Estate Developer And Builder