Tag: Gujarat RERA

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Ahmedabad Redevelopment Faces Cost and Consent Hurdles

AHMEDABAD: For many residents in aging housing societies, redevelopment was anticipated to bring larger homes, improved amenities, and safer structures. However, a growing number of families are finding themselves paying rent for months while projects remain stagnant. Throughout Ahmedabad, redevelopment initiatives are experiencing delays due to weak housing demand, rising construction costs, and conflicts among society members, making builders hesitant to proceed until all approvals are secured. A recent case near Parimal Garden illustrates how quickly plans can fall apart. Two housing societies struck an agreement with a developer about three years ago, but disagreements among some members prevented the…

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50% of New Projects Face Pending Complaints: Gujarat RERA

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has intensified its review process for developers applying for new project registrations. Approximately 50% of the reviewed applications have been linked to promoters or partners with unresolved complaints from past projects. The authority’s more stringent measures necessitate that developers address outstanding complaints, unpaid fines, and any other dues before initiating new project registrations. In the last 15 days, about 10 new projects received provisional registrations, with directives for promoters to resolve outstanding issues within set deadlines prior to attaining full compliance, according to sources. Officials noted that this heightened scrutiny includes both…

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Homebuyers Can Access Builders’ Complaint History on RERA

AHMEDABAD: Homebuyers in Gujarat may soon find it easier to verify the credibility of real estate developers. The Gujarat Real Estate Regulatory Authority (GujRERA) plans to publicly showcase builders’ past project records and any pending complaints on its website. In a step towards boosting transparency and accountability in the real estate sector, GujRERA will link the track record of real estate firm promoters and their partners to every new project registration. The authority may also deny approvals for new projects in cases involving serious unresolved complaints. The new system will allow homebuyers to access information about a builder’s previous projects…

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Builders request Gujarat RERA to extend project deadlines by 6 months

AHMEDABAD: The real estate developers’ association, Credai Ahmedabad, has requested the Gujarat Real Estate Regulatory Authority (GujRERA) for a six-month extension on ongoing housing projects under the force majeure provision of the RERA Act. The appeal comes in light of increased construction costs, supply chain disruptions, and labor shortages. In its communication to the regulator, the association highlighted that the ongoing conflict in West Asia has severely impacted the availability of crude-related construction materials, which is hindering project execution and straining financial planning in the sector. Developers are struggling to meet completion deadlines for current projects, with new launches and…

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Gujarat Property Registrations Fall to 1,610 in FY26

AHMEDABAD: According to data from GujRERA, Gujarat’s real estate sector saw new project registrations dip to 1,610, the lowest level since the pandemic-affected fiscal year 2021. Experts attribute this decline to a combination of market saturation from recent developments and a more cautious approach by developers, following nearly four years of robust post-pandemic demand. Ahmedabad accounted for 506 of these new registrations. The robust demand observed in urban centers, particularly as homebuyers sought upgraded lifestyles, has slowed. Since FY 2021, annual project registrations have consistently exceeded 1,700, but FY 2026 marked a decline of approximately 211 projects compared to the…

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PM Gati Shakti to Oversee Gujarat RERA Projects

GANDHINAGAR: The Gujarat Real Estate Regulatory Authority (GujRERA) and the state urban development department are now integrating GujRERA-registered real estate projects with town planning and development plan data, facilitated by the PM Gati Shakti platform to enhance service delivery. Established under the Real Estate (Regulation and Development) Act, 2016, GujRERA is responsible for the registration of real estate projects and agents, along with regulation, monitoring, and grievance redressal for the registered projects. Currently, promoters utilize Google-based services to define project boundaries and upload information to the GujRERA portal. These services are also employed to display project boundaries on maps, geo-fence…

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Gujarat RERA Directs Builder to Pay Maintenance on Unsold Units

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has ruled that developers are required to pay maintenance charges for unsold units to housing societies from the date that Building Use (BU) permission is granted until those units are sold. In a case involving a housing society in Vastrapur, GujRERA stated that the promoter is responsible for ongoing maintenance of any unsold flats or units. This ruling came after the society reported that the developer had not settled maintenance fees for these unsold units, placing an additional financial burden on current residents. The complaint indicated that BU permission was obtained in…

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Gujarat RERA Streamlines Grievance Resolution Process

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has introduced a new standard operating procedure (SOP) aimed at enhancing the grievance redressal process for property buyers and stakeholders. The updated SOP adopts a digital-first approach, bolstering the existing online mechanisms and clearly outlining procedural timelines and roles. Individuals purchasing property can now file complaints from the comfort of their homes using the GujRERA portal. While an offline option remains, online submissions are encouraged for swift resolutions. Upon submitting an online complaint, a physical copy must also be delivered to the RERA office within seven days, according to a state government…

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21% of Builders Still Haven’t Filed Gujarat RERA Report

AHMEDABAD: Despite receiving an extension, only 79% of developers have submitted their annual financial reports for 2024-25, as reported by sources from GujRERA (Gujarat Real Estate Regulatory Authority). The authority has put in place a penalty system for developers who fail to adhere to the regulations. Historically, about 80% of developers complied with submitting this Form-5. GujRERA also actively pursues action against non-compliant developers. Each promoter is obligated to have their accounts audited within six months after the financial year ends for every registered project and must upload the annual report in Form-5 to their GujRERA webpage. This year, for…