If you were wondering about the core regulations and guidelines issued by the RERA Gujarat authority, here they are listed down for your perusal.
The inception of the Real Estate Regulatory Authority was a ground-breaking and revolutionary move as it brought a paradigm shift in the real estate sector. Unquestionably, the existence of this regulatory body is a blessing in disguise for the real estate sector as it successfully created a concrete and transparent real estate ecosystem. Beyond that, to win the trust of the homebuyers in Gujarat, the state government came into action with the GujRERA in 2017 (RERA Gujarat).
So, if you are planning to buy or sell a property in Gujarat anytime soon, then we will say you have landed on the right blog and at the right time. Before you plan to invest, you should definitely check the project registration status. Well, Square Yards has got you covered! Here is a well-curated and comprehensive guide about the vision of the RERA Act Gujarat, registration process, benefits of RERA registered projects in Gujarat and many more.
What Is The RERA Act Of Gujarat?
RERA Gujarat or GUJRERA as it is called was established under the Central Government’s Real Estate (Regulation and Development) Act of the year 2016. GUJRERA is the key authority that controls and promotes the State’s real estate/property development sector. The Real Estate Regulatory Authority Act was passed to protect the homebuyer’s interest and also to boost real estate investments. Thereby, the RERA Act of Gujarat was initiated in 2017 to curb falsified deals and to infuse transparency and accountability in the real estate sector.
Vision/Goals Of RERA Gujarat
The sole aim of RERA Gujarat is to provide a sustainable, credible and trustworthy environment for both the homebuyers and agents. It predominantly regulates the real estate sector and eliminates the scope of fraudulent and unscrupulous activities. In addition, it mitigates non-compliance from the real estate sector. Gujarat Real Estate Regulatory Authority is moving at a fast pace to achieve all its desired goals.
To achieve goals, Gujarat RERA from time to time comes up with new-fangled customer-oriented solutions and tries to upkeep stellar communication with stakeholders. In a nutshell, if you are looking to purchase a RERA registered property, then get stress-free as you are investing in a legitimate property that possesses all the licenses and clearances.
So far, 1675 Agents and 8965 Projects are registered under RERA Gujarat. Moreover, the biggest achievement for the RERA Gujarat authority is they have taken up 2839 complaints and have resolved them with flying colours.
If you have been conned by the agent or developer and are looking for ways to file a complaint under RERA Gujarat on the basis of non-compliance or if you are inquisitive about checking the compliance of any developer or project, then read it through as we have mentioned the steps to follow.
Main Functions Of RERA Gujarat
Have a glance at the spectrum of unmissable functions offered by GujRERA Gujarat gov.:
- Safeguards the interest of homebuyers and developers
- Boosts the investment in the real estate sector
- Endorses transparency and credibility in the real estate sector of Gujarat
- Offers prompt dispute redressal
- Facilitates well-time and organized project implementation
Services Offered By RERA Gujarat Website
RERA Act Gujarat offers different types of services to home buyers, promoters and real estate agents. Have a Glance!
- Give home buyers the authority to lodge complaints against developers and builders.
- Home buyers can now access information and records pertaining to real estate projects.
- Under Gujarat RERA, promoters hold the power to lodge a complaint against buyers who fail at making payments.
- Promoters can easily attain registration for a project
- Now promoters within a click can update details pertaining to registered real estate projects.
3.Real Estate Agents
- As per RERA Act Gujarat, real estate agents can lodge complaints against builders and developers.
- With the existence of the GujRERA Gujarat gov. regulatory authority, real estate agents can renew the registration of the project on the authorized RERA Gujarat website.
Latest News Update Of Gujarat RERA
Dated – July 2021
Gujarat Real Estate Regulatory Authority announced that 18% of new property projects under RERA Gujarat - Surat, Rajkot, Vadodara and Ahmedabad will be set up in areas of no town planning schemes (TP)
Rules & Regulation Of RERA Gujarat
To avoid hassles at a later stage, it is best to get yourself acquainted with the rules and regulations of RERA Gujarat beforehand. Rules and regulations enforced under Gujarat RERA Act put an end to malpractices and fraudulent activities.
- Home buyers are required to only pay for the carpet area. Builders/developers are not supposed to charge for the super built-up area such as balconies, lobby and stairs.
- Under the Gujarat RERA Act, developers cannot charge more than 10%.
- Within 120 days from the date the Gujarat RERA complaint is filed against the developer - they are expected to resolve the issue within the assigned time frame.
Furthermore, if you want to read RERA Gujarat rules in Gujarati, then checkout the official Gujarat RERA website and download the Rules and Regulation pdf in Gujarati dialect.
Eligibility Criteria/RERA Applicability In Gujarat For Registration Process
Promoters, developers and real estate agents who are eligible for registering themselves or their projects under Gujarat RERA Act are as follows:
- Any developer/builder who builds a building or apartments
- Any developer/builder who takes the responsibility of renovating an existing building or structure in order to sell that renovated building to buyers.
- Any developer/builder who develops a barren land into a building for the sale purpose.
- When any public body or allowed authority constructs a building on the government-owned land.
How To Check The Status Of Registered Projects On The Gujarat RERA Website?
- First and foremost, log in to the authorized RERA website of Gujarat.
- Next, select the RERA Gujarat registration option and then click on the agent option.
- Subsequently, a comprehensive list of registered agents will be displayed on your screen.
List Of RERA Registered Projects In Gujarat
The Gujarat government has shared a comprehensive list of RERA registered projects on its official RERA Gujarat website since everyone should buy a home from registered developers only. If you are a home buyer who is interested in checking the list, then have a look.
|POINT TO BE NOTED|
As per RERA applicability in Gujarat, only projects that are registered under this regulatory body can be advertised and sold
City Wise Update of RERA Approved Projects In Ahmedabad/Surat/Rajkot/Vadodara/Gandhinagar
|Project Type||RERA Surat||RERA Ahmedabad||RERA Rajkot||RERA Vadodara||RERA Gandhinagar|
How One Can File A Complaint On The RERA Gujarat Website?
If a home buyer desires to file a RERA Gujarat complaint against the builder, then they are required to fill Form A that is available on the official Gujarat RERA website. However, apart from filing Form A, home buyers are obligated to submit a demand draft of worth ₹1000. On attaining Form A, the regulatory authority will notify the home buyer and will give a date of hearing. However, reliant on the category of grievance the RERA Gujarat complaint is filed through both online and offline mediums.
On the other hand, Form B is used to file a complaint pertaining to the claim of compensation and interest. However, this type of RERA complaint in Gujarat is filed to the RERA Adjudicating officer under sections 19, 18, 14, 12 of the Gujarat Real Estate Regulatory Authority Act.
Sample Of RERA Gujarat Complaint Form
How To Register On Gujarat RERA Portal?
Step 1: First of all, visit the official and authorized RERA Gujarat website.
Step 2: If you are a developer or a promoter, then select the ‘project registration’ option that is located at the bottom of the page. In case, if you are a real estate agent, then select the ‘agent registration’ option.
Step 3: If you have opted for the “Project Registration” option, a new tab will be displayed. On the redirected page, select the promoter type such as company, individual, etc.
Step 4: In the next step, enter your workable email ID.
Step 5: After selecting the promoter type and inputting the email ID, then on your registered email ID you will receive a unique one time password
Step 6: At last, select the next option and enter the required details.
Fees & Charges Of Gujarat RERA
For getting your project registered or yourself as a promoter or agent under RERA Act Gujarat, you are required to pay a fee. Now, the next question that might strike your mind will be how much fee is charged. Did we fathom it right? Put an end to speculation as we have got you covered. Here is a rundown of the registration fee charged by the agent and promoter. Flick through the well-designed table as it is created on the grounds of different parameters and gives in-depth information about how much a promoter or agent is charged for the registration process.
1.Registration Fee Paid By Promoter
|Type of Project||RERA Gujarat Registration Fee Paid By Promoter|
|Commercial||₹20 per square meter registration fee is charged for plots not exceeding 1000 square metersThe fee is ₹25 per square meter for the plots that exceed 1000 square meters|
|Group Housing||₹5 per square meter registration fee is charged for plots not exceeding 1000 sq.mt.The fee is ₹10 per sq.mt for the plots exceeding 1000 per square meter|
|Plotted Development||The registration fee charged is ₹5 per square meter|
|Mixed Development (Residential + Commercial)||₹10 per sq.mt is the registration fee for the plots not exceeding 1000 sq.mt.The fee is ₹15 per sq.mt for the plots exceeding 1000 sq.mt.|
|Withdrawal of Application||5% of the Registration fee or ₹25000 (depends on which amount is higher)|
2.Registration Fee Paid By Real Estate Agent
|Promoter Type||RERA Gujarat Registration Fee Paid By Real Estate Agent|
|Individual||₹ 10,000 registration fee is charged|
|Other than Individual||₹50,000 registration fee is charged|
|Real Estate Agent’s Renewal of Registration||The individual has to pay ₹5,000 and other than Individual has to pay ₹25,000|
Documents Checklist For Registering Under RERA Act Gujarat
Set of notable documents required for registering as a promoter or agent:
|Real Estate Agent||Address ProofType of Enterprise Identification ProofPAN CardAadhaar CardDetails of the EnterpriseAgent’s Passport Size PhotographProof of Fee (Demand Draft Copy)|
|Promoter||Promoter and Project Head’sPassport Size PhotographCompany Registration CertificateForm B, Form 1, Form 1-A, Form 1-BPAN Card3 Years Balance SheetP & L CertificateIncome Tax Return CopyProject PhotoLand DocumentTitle Clearance CertificateEncumbrance CertificateApproved Layout PlanProject Commencement CertificateNo Objection Certificate (NOC)7/12 Document|
|GUJARAT RERA OFFICE ADDRESS|
For discussing any property related discrepancies and concerns, you can visit the RERA Gujarat office address:Real Estate Regulatory Authority of Gujarat (GRERA) 4th Floor, Sahyog Sankul, Sector 11 Gandhinagar
Furthermore, you can also call or email them at 232-58659, [email protected]
Bottom Line, Real Estate Regulatory Authority was enacted in Gujarat to streamline, regulate, restructure, and govern the realty sector, which was in the past unsystematic and unfettered. The sole objective was to safeguard the home buyer and investors from the circumstances of deception, fraud and delayed pending payments and projects.
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RERA Gujarat FAQs - Frequently Asked Questions
How can I check if my project is registered under Gujarat RERA Act?
You can view details pertaining to registered projects on the official Gujarat RERA website, first of all, visit the registration tab and then select the projects you want to see the list of.
What is the meaning of the RERA Act Gujarat?
Gujarat Real Estate Regulatory Authority was formed in 2017 for the restructuring and regulation of the real estate sector. Before that the real estate industry was unregulated that paved the way for malpractices and fraudulent activities.
What is Gujarat RERA Certificate?
Gujarat RERA certificate ensures that all the authentic developers/builders are registered under the state governed regulatory body. In a way, it maintains the transparency between the home buyers and developers.