Goa RERA frames norms to return registration fees to builders

02 Nov 2021 CW Team

The Goa Real Estate Regulation and Development Act (RERA) has framed norms to return the registration fee paid by the real estate agent or builders.

The real estate agents will have to pay up to Rs 1 lakh, and real estate developers will have to pay between Rs 50,000 to Rs 10 lakh for registration with RERA. But if the registration is rejected, the current norms would not return the funds.

The promoter may demand the withdrawal of the registration application of the real estate projects within 30 days of submitting it to the authority. For such cases, the registration fee of 10% or Rs 50,000 is retained as processing charges, and the remaining amount is to be refunded in 30 days.

Real estate brokerage companies will have to submit up to Rs 1 lakh to register, and the individual real estate agent will have to pay Rs 10,000 for registration.

RERA may deduct 1% of the registration fee or Rs 1,000 and return the remaining amount for exempted real estate projects.

The real estate builders who need to withdraw their registration application within 30 days will have to forfeit 10% or Rs 50,000, and the remaining amount will be returned. The real estate brokers who plan to retreat their registration in 30 days will be charged 10% of the registration fee and return the remaining amount. For rejected applications, 10% or Rs 50,000 will be deduced.

Goa RERA said that all unclaimed fees would be considered as revenue, and the future claims will be decided on a case to case basis.

Image Source

Also read: TNRERA gets 483 real estate agent registrations

Real Estate

08 Oct 2025

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie. Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision. Hussain S..

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..