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RERA Compliance

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Regulatory Compliance

Bihar RERA Compliance Notice & Disclaimer

Important statutory notice for all buyers, investors, builders, and real estate agents operating on Bihar Real Estate in accordance with the Real Estate (Regulation and Development) Act, 2016.

1. Intermediary Status & Platform Role

Bihar Real Estate (biharrealestate.com) operates purely as an online advertising platform and digital intermediary connecting buyers, sellers, tenants, real estate agents, and project promoters.

In accordance with the Real Estate (Regulation and Development) Act, 2016 (RERA), Bihar Real Estate is neither a Real Estate Agent nor a Developer/Promoter. The platform does not negotiate sales, manage escrow accounts, or guarantee the legal execution of property transactions.

2. Mandatory Requirements for Listers & Promoters

Under Section 3 and Section 9 of the RERA Act, 2016:

  • Ongoing & New Projects: Any residential or commercial project where the land area exceeds 500 square meters or the total number of apartments exceeds 8 units must be registered with Bihar RERA before being advertised, listed, or marketed on this platform.
  • Display of Registration Numbers: All developers and promoters posting project listings on Bihar Real Estate must clearly mention their valid Bihar RERA Registration Number and project approval details.
  • Real Estate Agents: Any real estate broker or agent facilitating property transactions must hold a valid Bihar RERA Agent Registration Certificate and disclose their registration number on their profile/listings.

3. Buyer Advisory & Due Diligence Guidelines

While Bihar Real Estate mandates that listers upload authentic RERA details, we strongly advise all property buyers and investors to conduct independent legal and technical verification:

How to Verify a Project Online:
  1. Visit the official Bihar RERA portal: rera.bihar.gov.in
  2. Search for the project or promoter using the RERA Registration Number displayed on our listing.
  3. Verify sanctioned building plans, land ownership titles, completion timelines, and bank escrow account details.
  4. Check for any active legal notices, penalties, or complaints issued against the builder by the RERA Authority.

4. Zero Tolerance for Non-Compliant Listings

Bihar Real Estate maintains a zero-tolerance policy for misleading, deceptive, or non-RERA-compliant listings. If you identify a project listing on our portal that lacks mandatory RERA registration or displays fraudulent information:

  • Report the listing directly to our Compliance Team at [email protected] for immediate takedown review.
  • Report unregistered commercial/residential projects directly to the state authority via the Official Bihar RERA Portal.
RERA Liability Disclaimer: The property data, layout images, brochures, price lists, and developer information hosted on Bihar Real Estate are provided directly by third-party listers, builders, and agents. Bihar Real Estate does not warrant the accuracy, completeness, or legal validity of these materials. Users are solely responsible for conducting physical site visits, document checks, and title verification prior to entering into any financial or legal agreement.