JAIPUR: Rajasthan Real Estate Regulatory Authority (RERA) has announced revisions in the registration and standard fee structure for industrial plots, farmhouses, and exemption applications, which will take effect from Mar 1. Additionally, RERA has introduced stricter penalties for late submissions and made crucial regulatory decisions regarding lapsed projects and water supply service drawings.
Revised fee structure
According to the revised structure, registration fee remains unchanged at Rs 5 per square metre for residential, institutional, industrial, and farmhouse categories. However, standard fee, previously Rs 10 per sq m for institutional and industrial categories, has been reduced to Rs 5 per sq m. Advocate and RERA expert Mitesh Rathore said, “This move is expected to boost industrial and institutional growth as scheme registration under these categories will now cost less.”
For commercial and mixed-use categories, while registration fee remains Rs 5 per sq m, standard fee has been increased from Rs 5 per sq m to Rs 10 per sq m. The order says, “For exemption applications related to residential, commercial, and mixed-use categories, registration fee remains unchanged at Rs 10 per sq m, but standard fee has been reduced from Rs 5 per sq m to Rs 4 per sq m. These changes replace the earlier fee structure mentioned in the order dated July 28, 2023.”
Stricter penalties for late submissions
RERA has introduced tougher penalties for delays in submitting Quarterly Progress Reports (QPRs), Completion Certificates (CCs), Occupancy Certificates (OCs), and Mortgage-Free Letters. Currently, a flat penalty of Rs 5,000 applies regardless of the delay period. Under the new rules, a one-quarter delay will still attract a Rs 5,000 penalty, but an additional Rs 5,000 will be added for each successive quarter until the QPRs are submitted.
Moreover, promoters are now required to upload Partial CCs, CCs, OCs, and Mortgage-Free Letters within 45 days of issuance by the competent authority. “Since compliance has been inconsistent, RERA will now impose a penalty of Rs 1,000 per day for delays beyond 45 days. This penalty applies to all certificates issued on or after March 1, 2025,” informed an official.
Regulatory decisions on lapsed projects
To strengthen monitoring of lapsed projects, RERA has decided that no application for map revision will be entertained unless the promoter has taken steps to regularise the lapsed project.
Water supply service drawings now mandatory
For registration of plotted development projects, RERA has mandated submission of water supply service drawings. As per RERA Regulation 3(2)(ii) of 2024, water supply drawings were required for non-plotted development categories. It was not explicitly mentioned for plotted developments.
