What is RERA?

RERA stands for Real Estate Regulatory Authority. It is a regulatory body established by the government to oversee the real estate sector and protect the interests of homebuyers. The main aim of RERA is to ensure transparency, fair play and timely delivery of property to buyers. It also ensures that developers comply with regulations and adhere to the rules and guidelines set by the government. RERA was established under the Real Estate (Regulation and Development) Act, 2016, which came into effect in May 2017. It is mandatory for all real estate developers and builders to register their projects with RERA and obtain a registration number before launching the project.

What is rules and regulation of RERA?

The Real Estate (Regulation and Development) Act (RERA) is a law passed by the Indian government in 2016 to regulate the real estate industry and protect the rights of home buyers. The law applies to all ongoing and new real estate projects, and requires developers to register their projects with the RERA authority in each state. The law also establishes a grievance redressal mechanism for disputes between developers and buyers, and requires developers to disclose information about the project, including the status of construction and the schedule for completion. Additionally, the developer has to deposit 70% of the amount collected from the allottees in a separate bank account to be used only for the construction of the project. This is to ensure that the money collected from the buyers is used for the project and not for other purposes.

Which documents to check before buy property in bihar?

Before buying property in Bihar, it is important to check the following documents:

1. Title Deed: This is a legal document that proves the ownership of the property.

2. Sale Deed: This document records the transfer of ownership of the property from the seller to the buyer.

3. Encumbrance Certificate: This certificate states that the property is free from any legal disputes or liabilities.

4. Tax Paid Receipts:  These receipts prove that the property taxes have been paid up to date.

5. Building Approval and Completion Certificate: These documents ensure that the property has been constructed in compliance with the building and safety codes.

6. NOC from local authorities.

7. Legal Opinion from a lawyer.

8. Possession certificate.

It is also advisable to get a property inspection done by a qualified professional to ensure that the property is in good condition.

How to check property is rera approved or not?

To check if a property is RERA (Real Estate Regulatory Authority) approved in Bihar, you can follow these steps.

1. Visit the RERA website of Bihar: The RERA website of Bihar should have a list of all the projects that have been registered and approved under RERA.

2. Search for the project: Search for the project on the website by using the project name or the developer's name.

3. Check for registration details: Once you have located the project, check for the registration details, including the registration number, date of registration, and the status of the registration.

4. Verify the developer details: Check for the developer's details, including name, address, and contact information.

5. Check for any complaints or disputes: Look for any complaints or disputes filed against the developer or the project.

Note that, RERA registration is mandatory for all new residential and commercial projects, and developers must obtain a registration certificate before they can sell or advertise the project.

It is also recommended to check with the local authorities and consult with a lawyer to make sure that the property is free of any legal disputes or encumbrances.

How to check property document in Bihar?

To check the property documents in Bihar, you can follow these steps:

1. Visit the office of the sub-registrar: The sub-registrar's office is responsible for registering and maintaining records of all property transactions in the area. You can visit the office in person to check the property documents.

2. Request for the property documents: Provide the property's details such as the address, plot number, or the name of the owner, to the sub-registrar's office and ask to see the documents.

3. Check the documents: Carefully review the documents, including the title deed, sale deed, encumbrance certificate, tax paid receipts, and building approval and completion certificate to ensure that they are in order and that the property is free from any legal disputes or liabilities.

4. Take copies: If you wish, you can take copies of the documents for your records.

5. Verify the authenticity of the documents: To verify the authenticity of the documents, you can also check with the local authorities and consult with a lawyer.

It is important to note that the process of checking property documents may vary depending on the state and local government. It is always recommended to consult with a lawyer or a qualified professional to ensure that the property is free from any legal disputes or encumbrances.

Contact Details of RERA

The Real Estate Regulatory Authority (RERA) in Bihar is responsible for regulating the real estate sector in the state. You can contact the RERA Bihar for more information on regulations and laws related to buying and selling property in the state.

The contact details of RERA Bihar are as follows:  

Email: rera.bihar@gmail.com

Helpline: +91-612-2215200

Office Address: RERA, Ground Floor, Indira Gandhi Institute of Medical Sciences Campus, Sheikhpura, Patna-800014

It's always best to double-check the contact information as it may change with time.