Off-Plan Project License Issuance
Service Overview
Sale of Property Units on the map before the construction or completion of its construction.
Please send the request via email:developments@rera.gov.bh
How do I get a license for an Off-Plan Sales Project?
Time required
40 days
Fees
Based on project cost in the attached table below
Documents required
- Title deed for the plot in the name of the developer.
- Approved Urban Planning subdivision plan (if any).
- Approved Urban Planning master plan (if any).
- Land valuation report by RERA Licensed Valuer.
- Copy of agreements between master developer and sub-developer (if any).
- Municipality building permit.
- Municipality approved drawings with units and common area
- Address cards issued by CIO
- Letter and development valuation report from the consultant engineer setting out the costs of development.
- Copy of the contractor agreement to construct the development.
- Detailed program of structural and architectural work and service work required by the project. (Gantt Chart)
- RERA development progress forecast template completed by the project consultant.
- Document stating works required for infrastructure and utilities to implement the project in order to complete the master plan (if relevant)
- Completed RERA finance plan template.
- Feasibility study or results of RERA Market Research License supporting sales assumptions in the finance plan.
- Copy of signed escrow agreement with escrow bank.
- Letter from escrow account trustee confirming escrow account details and deposit in escrow account.
- Copy of the template off-plan sale contract (SPA) intended to be used in all off-plan sales and supporting disclosures.
- Draft of Property Location Plan showing units and common areas
- Draft Joint Property Bylaws for the owner’s association, for each level of the owner’s association.
- Articles of Association of owner’s association, for each level of the owner’s association.
- Request to SLRB to create off-plan sale register.
- Request to SLRB to make an annotation in the land journal and under Article 21 of the law.
- Copy of developer license.
- Copy of representative’s ID / Passport.
- Company document setting out the authority of the representative to complete the application
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Licensing of off-plan sale Developments
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Fee
|
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BHD
0 – BHD 999,999
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5,000
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|
BHD
1,000,000 - BHD 2,999,999
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10,000
|
|
BHD
3,000,000 - BHD 6,999,999
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20,000
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BHD
7,000,000 – BHD 9,999,999
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30,000
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BHD
10,000,000 plus
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50,000
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