Jaipur: The Rajasthan Real Estate Regulatory Authority (RERA) is set to fast-track the recovery of dues from defaulting developers by auctioning attached properties through MSTC Ltd.—a government-owned e-auction platform under the Ministry of Steel.

Approved during RERA’s 21st Authority meeting on May 15, to ensure faster enforcement and compliance. The auctions will conducted by the Rajasthan Transparency in Public Procurement (RTPP) Rules.

Earlier, recoveries were routed through district collectors under the land revenue arrears framework, often causing delays. With MSTC’s involvement, RERA can now conduct direct e-auctions, enabled by Section 40 of the Real Estate (Regulation and Development) Act, 2016. 
This provision empowers the authority to recover penalties, interest, and compensation using methods equivalent to civil court decrees.

In this Meeting, RERA reviewed and approved changes to the fee structure that developers must pay when registering their projects.

These changes will take effect starting June 1, 2025. The most notable change is for farmhouse projects, where the standard registration fee has been reduced to ₹3 per square meter of the project's total area. This is lower than the fee charged for most other project types.

Other categories retain their existing fee structures:

Residential, institutional, and industrial projects: ₹5 per square meter (for both registration and standard fees).

Commercial and mixed-use projects: ₹5 per square meter (registration) + ₹10 per square meter (standard fee).