GujRERA: a guide for builders in Gujarat

The authority

Gujarat Real Estate Regulatory Authority (GujRERA). Official website.

What to know

• Projects need RERA registration before any advertising, booking or sale (Section 3); the Act exempts projects where the land is 500 sq m or less, or there are 8 apartments or fewer.
• GujRERA expects quarterly progress reports (QPRs) on its portal shortly after each quarter closes and penalises late filing; check the latest GujRERA circular for the current late fee.
• 70% of money collected from allottees must sit in a separate bank account and be withdrawn only in proportion to construction progress, certified by an engineer, architect and chartered accountant (Section 4(2)(l)(D)).
• Real estate agents and channel partners must register with the authority before facilitating any sale (Section 9).

Related for Gujarat

• Stamp duty and registration in Gujarat
• CRM for builders in Ahmedabad
• CRM for builders in Surat
• CRM for builders in Vadodara
• CRM for builders in Gandhinagar
• Real-estate glossary

Sources

1. GujRERA (official)
2. Garvi — Gujarat registration portal (official)
3. Real Estate (Regulation and Development) Act, 2016 — India Code
4. ClearTax — Stamp duty and registration charges in Gujarat
5. Bajaj Housing Finance — Gujarat stamp duty
6. PropNewsTime — GujRERA QPR rule changes

RERA guides for other states