All about RERA Gujarat?

Rera Gujarat The Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation in the real estate industry of India. Its main objective is to regulate the real estate sector and to ensure transparency and accountability in real estate transactions. RERA aims to protect the interests of homebuyers and to promote fair play in the real estate market. RERA has been implemented in all states and union territories of India, including Gujarat. In this article, we will discuss RERA Gujarat, its background, key features, benefits, challenges, and the future of RERA in Gujarat.

Rera Meaning

RERA stands for Real Estate (Regulation and Development) Act. It is a regulatory framework that was introduced by the Indian government in 2016 to regulate and promote transparency and accountability in the real estate sector of India. The RERA Act aims to protect the interests of homebuyers, promote fair play in the real estate market, and establish a regulatory framework to promote sustainable growth in the sector.

Background of RERA Gujarat

Need for RERA in Gujarat

Before the implementation of RERA in Gujarat, the real estate industry in the state was largely unregulated, and there were many instances of delays in project deliveries, unfair practices by developers, and disputes between homebuyers and developers. There was a lack of transparency and accountability in the real estate sector, which led to a decline in consumer confidence.

Implementation of RERA in Gujarat

To address these issues, the Gujarat government implemented RERA in the state in May 2017. RERA Gujarat is responsible for regulating the real estate sector in the state and ensuring transparency and accountability in real estate transactions.

Key features of RERA Gujarat

RERA Gujarat has several key features that aim to protect the interests of homebuyers and promote fair play in the real estate market. Some of these features include mandatory registration of all real estate projects, the creation of a real estate regulatory authority, the establishment of a dispute resolution mechanism, and the provision of information and grievance redressal mechanisms for homebuyers. Additionally, RERA Gujarat mandates that developers must disclose all relevant information about a project, including project timelines, layout plans, and legal approvals, to homebuyers.

Benefits of RERA Gujarat

A. Protection of Homebuyers RERA Gujarat provides protection to homebuyers by making it mandatory for developers to register all real estate projects with the regulator. This ensures that only credible and genuine developers are able to operate in the market, thereby reducing the risk of fraudulent activities. Homebuyers are also provided with the necessary information about the project, including project timelines, layout plans, and legal approvals, which helps them make an informed decision.

B. Transparency in Real Estate Transactions RERA Gujarat promotes transparency in real estate transactions by mandating that developers must disclose all relevant information about a project, including project timelines, layout plans, and legal approvals, to homebuyers. This ensures that homebuyers have all the necessary information to make an informed decision.

C. Timely Delivery of Projects RERA Gujarat makes it mandatory for developers to complete their projects on time, failing which they may be penalized. This ensures that homebuyers are not left stranded and are able to take possession of their homes as per the agreed timeline.

D. Accountability of Developers RERA Gujarat ensures that developers are held accountable for any deviation from the project timelines, or for any other breach of the law. This makes developers more accountable to homebuyers and helps to build consumer confidence in the real estate sector.

Overall, RERA Gujarat provides a level playing field for homebuyers and developers, and promotes fair play in the real estate market. It protects the interests of homebuyers, promotes transparency in real estate transactions, and ensures timely delivery of projects.

Vision and functions of RERA Gujarat

The vision of RERA Gujarat is to create a transparent, accountable, and sustainable real estate sector in the state. RERA Gujarat aims to achieve this by ensuring the protection of the interests of homebuyers and promoting fair play in the real estate market.

The functions of RERA Gujarat include the following:

Registration of Real Estate Projects: RERA Gujarat mandates that all real estate projects must be registered with the regulator before they are marketed or sold to homebuyers. This ensures that only credible and genuine developers are able to operate in the market.
Registration of Real Estate Agents: RERA Gujarat also mandates that all real estate agents must be registered with the regulator before they can sell or market any real estate project.
Creation of a Real Estate Regulatory Authority: RERA Gujarat has established a regulatory authority to oversee the functioning of the real estate sector in the state. The authority has the power to regulate and monitor the real estate sector, and to take appropriate action against any deviations from the law.
Dispute Resolution Mechanism: RERA Gujarat has established a dispute resolution mechanism to address any disputes between homebuyers and developers. This mechanism helps to ensure that disputes are resolved in a timely and effective manner, and that homebuyers are not left stranded.
Grievance Redressal Mechanism: RERA Gujarat has established a grievance redressal mechanism to address any grievances or complaints that homebuyers may have with regard to a real estate project. This mechanism helps to ensure that homebuyers are able to get their grievances addressed in a timely and effective manner.

Overall, RERA Gujarat aims to create a sustainable and transparent real estate sector in the state by ensuring the protection of the interests of homebuyers, promoting fair play in the real estate market, and creating a conducive environment for the growth of the sector.

Services Provided by Gujarat RERA

RERA Gujarat provides a range of services to homebuyers, developers, and real estate agents in the state. Some of the key services provided by RERA Gujarat are:

Registration of Real Estate Projects: RERA Gujarat provides a platform for developers to register their real estate projects with the regulator. Developers must provide all relevant information about the project, including project timelines, layout plans, and legal approvals, to complete the registration process.
Registration of Real Estate Agents: RERA Gujarat provides a platform for real estate agents to register with the regulator. Agents must provide all relevant information about their business and must comply with the regulations laid down by RERA Gujarat.
Complaints and Grievances Redressal: RERA Gujarat has established a grievance redressal mechanism to address any grievances or complaints that homebuyers may have with regard to a real estate project. Homebuyers can file a complaint online on the RERA Gujarat website, and the regulator will take appropriate action to address the complaint.
Information and Public Disclosure: RERA Gujarat provides a platform for homebuyers to access information about real estate projects in the state. The regulator has mandated that developers must disclose all relevant information about a project, including project timelines, layout plans, and legal approvals, to homebuyers.
Dispute Resolution: RERA Gujarat has established a dispute resolution mechanism to address any disputes between homebuyers and developers. The regulator will appoint a conciliator to help resolve the dispute, and if the dispute cannot be resolved through conciliation, the matter will be referred to the regulatory authority for a final decision.

Overall, RERA Gujarat provides a range of services to promote transparency, accountability, and fair play in the real estate sector in the state. These services help to protect the interests of homebuyers, promote sustainable growth in the sector, and create a conducive environment for the growth of the real estate industry in Gujarat.

Check Status of Gujarat RERA registered projects

You can check the status of Gujarat RERA registered projects on the official website of Gujarat RERA. Follow the below-mentioned steps to check the status of a registered project:

Visit the Gujarat RERA website: https://gujrera.guj a rat.gov.in/
Click on the “Projects” tab on the top menu bar.
Select “Ongoing Projects” or “Completed Projects” from the dropdown menu.
Enter the name of the project, promoter, or registration number in the search bar and click on the “Search” button.
The details of the project, including the registration number, promoter details, status of the project, etc., will be displayed on the screen.
You can also click on the registration number of the project to view more details about the project, such as project specifications, layout plans, approvals, and other relevant information.

By checking the status of a registered project on the Gujarat RERA website, you can ensure that the project is registered with the regulator and comply with all the regulations laid down by RERA Gujarat. This will help you make an informed decision while purchasing a property in Gujarat.

How to file a complaint on Gujarat RERA Online?

You can file a complaint on Gujarat RERA online by following the below-mentioned steps:

Visit the Gujarat RERA website: https://gujrera.gujarat.gov.in/
Click on the “Complaint Registration” tab on the top menu bar.
Select the type of complaint from the dropdown menu.
Enter the complainant’s name, address, contact details, and other relevant information in the complaint registration form.
Upload the supporting documents, if any, related to the complaint.
Enter the project details against which the complaint is being filed, such as the project name, registration number, and promoter details.
Enter the details of the complaint, including the nature of the complaint, the amount involved, and other relevant information.
Review the complaint details entered and click on the “Submit” button.
Once the complaint is submitted, you will receive an acknowledgment of the complaint along with a complaint number.
You can use the complaint number to track the status of your complaint on the Gujarat RERA website.

By following these simple steps, you can file a complaint on Gujarat RERA online and seek resolution to your grievances transparently and efficiently.

How to Raise a Ticket on GujRERA?

To raise a ticket on GujRERA, follow the below-mentioned steps:

Visit the official website of GujRERA: https://gujrera.gujarat.gov.in/
Click on the “Contact Us” tab on the top menu bar.
Select the “Raise a Ticket” option from the dropdown menu.
Fill in the required details, such as your name, email address, phone number, and the subject of the ticket.
Select the department to which you want to raise the ticket from the dropdown menu.
Enter the details of the issue or query in the description box.
Upload any relevant documents to support your ticket.
Review the ticket details and click on the “Submit” button.
You will receive an email confirmation of the ticket along with a unique ticket number.
You can use this ticket number to track the status of your ticket and communicate with the concerned department for resolution.

By following these steps, you can easily raise a ticket on GujRERA and seek assistance for any queries or issues related to the real estate sector.

Eligibility criteria of RERA Gujarat registration

To register a real estate project under RERA Gujarat, the promoter or developer must fulfill the following eligibility criteria:

The promoter must be a citizen of India.
The promoter should have a legal identity, such as an individual, partnership firm, LLP, or a private limited company.
The promoter should have a registered office in Gujarat.
The promoter must have a PAN card and a valid Aadhaar card.
The promoter must not have been convicted of any offense involving moral turpitude, fraud, or dishonesty.
The promoter must have all the necessary approvals, such as building plan approvals, environmental clearances, etc., for the project.
The promoter must have a valid title to the land on which the project is proposed.
The promoter should have a separate bank account for each project to ensure transparency and accountability in the financial transactions.
The promoter should not have defaulted on any loans or taxes related to the real estate sector.
The promoter must comply with all the other rules and regulations laid down by RERA Gujarat.

By fulfilling these eligibility criteria, the promoter can register their real estate project under RERA Gujarat and ensure compliance with all the regulations to protect the interests of the homebuyers.

Fees of RERA Gujarat

The fees for registration of a real estate project under RERA Gujarat are as follows:

For residential projects, the registration fee is Rs. 5 per square meter of the total area of the project, subject to a minimum of Rs. 50,000 and a maximum of Rs. 5 lakhs.
For commercial projects, the registration fee is Rs. 10 per square meter of the total area of the project, subject to a minimum of Rs. 1 lakh and a maximum of Rs. 10 lakhs.
For plot development projects, the registration fee is Rs. 5 per square meter of the total area of the project, subject to a minimum of Rs. 50,000 and a maximum of Rs. 5 lakhs.

In addition to the registration fee, the promoter may have to pay additional charges for any modification or extension of the registration, as well as for obtaining any additional documents or certificates required by RERA Gujarat.

It is important to note that failure to pay the registration fee or any other charges can result in the cancellation of the project registration and other penalties.

Registration fees for Promoter

The registration fee for real estate agents to obtain a registration certificate under RERA Gujarat is Rs. 10,000. This fee is non-refundable and must be paid online through the official website of RERA Gujarat.

In addition to the registration fee, the real estate agent must also submit all the necessary documents and details along with the registration application to ensure compliance with all the rules and regulations of RERA Gujarat.

It is important to note that failure to obtain a registration certificate or non-compliance with any of the rules and regulations can result in penalties and legal action. Therefore, it is important for real estate agents to ensure timely registration and compliance with all the requirements of RERA Gujarat to avoid any legal issues in the future.

Registration Process in Gujarat RERA

The registration process for real estate projects under RERA Gujarat is as follows:

Visit the official website of RERA Gujarat and create a login ID.
Select the ‘Register a Project’ option and fill in the details of the project, such as project name, location, type, and size.
Upload all the necessary documents, such as building plan approvals, environmental clearances, land title documents, and other relevant certificates.
Pay the required registration fee online through the website.
After the submission of the application and payment of fees, the promoter will receive a unique registration number and a registration certificate from RERA Gujarat.

It is important to note that the promoter must register the project with RERA Gujarat within three months of obtaining all the necessary approvals and documents. Failure to do so can result in penalties and legal action.

In addition, the promoter must comply with all the rules and regulations laid down by RERA Gujarat, such as maintaining a separate bank account for each project, providing timely updates to the homebuyers, and ensuring timely completion of the project, among others. Any non-compliance can result in penalties and legal action.

RERA Gujarat registration Documents

The following are the list of documents required for registration of a real estate project under RERA Gujarat:

PAN card of the promoter/developer.
Aadhaar card of the promoter/developer.
Photograph of the promoter/developer.
Partnership deed/ Memorandum of Association (MOA) and Articles of Association (AOA) of the promoter/developer.
Registration certificate of the promoter/developer.
Address proof of the promoter/developer, such as electricity bill, telephone bill, etc.
Project details, such as project name, type, location, size, and the number of units.
Project land title documents, such as sale deed, lease agreement, or any other document evidencing the title of the land.
Building plan approvals and NOC from the local authorities.
Commencement certificate (CC) and completion certificate (OC) of the project.
Environmental clearance certificate from the concerned authorities.
Details of all the encumbrances and charges on the project.
Details of the proposed facilities and amenities in the project.
Declaration by the promoter/developer about the authenticity of the documents and information provided.

It is important to note that the promoter/developer must ensure the authenticity and correctness of all the documents submitted for registration under RERA Gujarat. Any discrepancy or false information can lead to penalties and legal action.

Rules and regulations of Gujarat RERA

The rules and regulations of RERA Gujarat are designed to protect the interests of homebuyers and promote transparency and accountability in the real estate sector. Some of the key rules and regulations of RERA Gujarat are:

Registration of Real Estate Projects: All real estate projects must be registered with RERA Gujarat before they can be advertised, marketed, or sold. The promoter/developer must provide all the necessary details of the project, including approvals, land title documents, and other relevant certificates.
Escrow Account: The promoter/developer must maintain a separate escrow account for each project and use the funds only for the specific project. This ensures that the funds collected from the homebuyers are used for the development of the project and not diverted elsewhere.
Timely Completion: The promoter/developer must ensure timely completion of the project and obtain the necessary completion certificate before handing over the possession of the units to the homebuyers.
Carpet Area: The promoter/developer must sell the units based on the carpet area, which is the actual usable area of the unit, and not the super built-up area.
Consent of Homebuyers: The promoter/developer cannot make any changes to the project plan, layout, or design without obtaining the consent of at least two-thirds of the homebuyers.
Disclosure of Information: The promoter/developer must disclose all the relevant information about the project, such as the status of approvals, construction progress, and timelines, on the RERA Gujarat website. This ensures transparency and helps homebuyers make informed decisions.
Grievance Redressal: RERA Gujarat has a robust grievance redressal mechanism, where homebuyers can file complaints against the promoter/developer for any non-compliance or dispute. RERA Gujarat also has the power to impose penalties and take legal action against the promoter/developer in case of any non-compliance.

It is important for the promoter/developer and the homebuyers to comply with all the rules and regulations of RERA Gujarat to avoid any legal issues in the future.

Gujarat RERA office address

The office address of RERA Gujarat is as follows:

Gujarat Real Estate Regulatory Authority (RERA Gujarat) RERA Bhavan, C-Block, 8th Floor, Near CHH-3 Circle, Sector-10, Gandhinagar, Gujarat- 382010

Phone: 079-23251900

Email: info@gujrera.gujarat.gov.in

Website: https://gujrera.gujarat.gov.in/

FAQs

What is the full form of RERA Gujarat?

RERA Gujarat stands for the Real Estate Regulatory Authority of Gujarat.

What is the objective of RERA Gujarat?

The objective of RERA Gujarat is to promote transparency, accountability, and efficiency in the real estate sector and to protect the interests of homebuyers.