Gujarat’s real estate sector is progressing daily, making the state a hub of commercial advancement. The industry has witnessed this growth through the outstanding execution of RERA act throughout the state. The act helps in infrastructural development, thus leading to the progression. The article assembles all the necessary information about the RERA Act in Gujarat, so keep scrolling to learn more.

The RERA Act in Gujarat is a regulatory act to manage the state’s real estate sector. The act safeguards home buyers’ interests by enacting different laws on the construction and selling any project. It further helps create a streamlined working process, which makes the industry more organised. Further, it also helps in boosting investment in this sector. In addition, this act strictly penalises any sort of fraudulent activity within the real estate market.

Check out the important rules of RERA in Gujarat that every builder and project should comply with:

• Home buyers should only pay for the carpet area, not for balconies, stairs, and super-built areas.
• Builders can not charge more than 10% as an advance payment from the home buyers.
• The builders and developers should resolve issues and complaints within 120 days of registering the complaint.
• If applicants wish to withdraw the applications, they must pay 5% of the RERA registration fees or Rs. 25,000.
• Every builder and developer must register under this act.
• Allowed authority or any public body developing buildings on government-owned land should also register under this act.

The registration process of a project under RERA in Gujarat is as follows:

Step 1: Visit the official portal of RERA in Gujarat

Step 2: On the home page, find the “Project Registration” icon

Step 3: Click on it and go to the next page

Step 4: Sign up with your mail ID

Step 5: After signing up, choose promoter type from the options like individuals or company/partnership firm/societies etc.

Step 6: Provide the necessary personal details of the promoter such as mobile number, PAN number, address, company registration number etc.

Step 7: On the next screen, enter project authority details such as authorised signatory, name of the project head, project description, previous project details etc.

Step 8: Input project details such as project start and end date, project name and description, project cost, land cost etc.

Step 9: Enter development details such as information on carpet area, super-built area, type of inventory, inventories for sale etc.

Step 10: Fill in the internal development work details such as water supply, sewage, road system, electricity supply etc.

Step 11: Enter project agent’s details

Step 12: Input project bank details

Step 13: Enter project architect and structural engineer’s details

Step 14: Upload necessary documents

Step 15: Proceed to pay the requisite charges

Step 16: Receive the acknowledgement number for project registration and save it for future reference

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Necessary documents to register a project under RERA in Gujarat are as follows:

• Registration certificate of the company
• Project specification
• Project photo
• Promoter photo
• CA certificate
• Architect certificate
• Engineer certificate
• Income tax return acknowledgement
• PAN card
• Last 3 years audited balance sheet
• Encumbrance certificate
• Allotment letter proforma
• Declaration form B
• Previous 3 years cash flow statement
• Last 3 years audited profit-loss statement
• Auditor report
• Proforma for sale deed
• Sale agreement proforma
• Project head photograph
• Income tax return details
• Commencement certificate
• Area development plan
• Current project brochure
• NOC from authorities
• Documents of land and location
• Approved plotting and building plan
• Last 3 years director’s report
• Payment receipt
• Certificate for title clearance
• Title report

To register as an agent, one can follow the below-mentioned steps:

Step 1: Go to the official portal of RERA in Gujarat

Step 2: On the home page, click on the “Agent Registration” tab

Step 3: Sign up with your email id

Step 4: Input required information and finish the process

Step 5: Get the acknowledgement number and save it for future reference

As per guidelines for RERA in Gujarat, the documents one needs to upload for registering as an agent are listed below:

• Enterprise’s information such as a registered address, name, type etc.
• Copy of PAN card
• Address proof of the business
• Particulars of registration including association articles, memorandum, by-laws etc.
• Personal details of the agent and the directors of the company

There are not many updates about RERA in Gujarat lately, but it has been reported that property registration has increased to 33% because of Affordable Housing.

To check the application status of Gujarat RERA, follow the below-mentioned steps:

Step 1: Visit the official portal of RERA in Gujarat

Step 2: Go to the “Project Registration” or the “Agent Registration” option

Step 3: Enter the acknowledgement number and PAN number

Step 4: Click on the search button to check the status

Easy stepwise guide to search for registered projects under RERA in Gujarat act is as follows:

Step 1: Go to the official portal of RERA in Gujarat

Step 2: On the home page, find the “Registered Projects” option

Step 3: Click on it and provide necessary project information

Step 4: Check out the list of registered projects

To find registered project agents, follow these below-mentioned steps:

Step 1: Visit the official portal of RERA in Gujarat

Step 2: Click on the “Agents Registered” tab on the home page

Step 3: Check out the list of registered agents in the next window

According to RERA rules in Gujarat, one can raise a complaint by this following procedure:

Step 1: Go to the official portal of RERA in Gujarat

Step 2: From the home page, choose the “Complaint Registration Online” tab

Step 3: Sign up with your email Id

Step 4: Fill up a complaint form that is Form A

Step 5: Proceed to pay and complete the process

Steps to check progress report under RERA in Gujarat are as follows,

Step 1: Visit the official portal of RERA in Gujarat

Step 2: From the navigation bar on the home page, find the “Annual Reports” tab

Step 3: Click on it, and from the drop-down list choose any year

Step 4: Check out the report of your selected year

Here are some benefits that RERA in Gujarat has given to this state’s real estate sector:

• This act has massively improved the real estate industry and made it a leading one in the country.
• This act helps secure home buyers’ interest by ensuring fair property prices.
• Builders can not charge more than the fixed amount; therefore, home buyers can purchase hassle-free.
• This act helps retain transparency in the working process of this sector.
• It also strengthens the bond between the buyers and developers.