Has buying a new home been the most cherished dream of your life? The answer from most of you is likely to be a yes. In 2017, Gujarat’s state government published the overarching rules for the Gujarat Real Estate (Regulation and Development) Act, putting the Gujarat RERA (GUJRERA) into effect ever since. RERA Gujarat supervises the real estate sector in Gujarat and protects the rights of home buyers.
What is RERA Gujarat?
The Gujarat Regulation and Development Act, or GujRERA, is recognised for effectively controlling the state's real estate market. RERA protects both homeowners' and developers' rights through governmental rules created and implemented in the RERA Act. The online portal provides solutions for registration and project/agent compliance,
Purchasing a RERA-approved home means you are choosing a vetted property. Hence, customers looking to buy a home in Gujarat must ensure the RERA Act Gujarat approves it
This Act also requires all residential and commercial real estate developers to register.
RERA has been translated into nearly all Indian languages, so you can easily find RERA Gujarat Rules in Gujarati.
To check the project details in RERA, follow these steps:
Before purchasing a property, a new home buyer should check the status of RERA-registered projects. When buying a home, this assures accountability and transparency.
Here is how you can check the status of RERA-registered projects:
It's essential to understand what the RERA Act entails. RERA establishes separate laws and regulators for India's state and union territories. RERA defines specific rules that every builder must follow to increase transparency in the real estate business. After the project has been registered with the Regulatory Authority, a new project’s promoter can market it for sale.
The list of authorised projects and agents has been posted on Gujarat's real estate regulatory authority's website, from where you can do a RERA approval check before purchasing a home. Before making a buying decision, you should review the approved list of projects. Experts will urge you to buy real estate projects only from licensed developers to avoid future problems.
Adani Realty in Ahmedabad/Gurgaon/Mumbai/Pune offers some of the most premium properties in India today. Similarly, in Gujarat, Adani Realty offers some of the best real estate projects approved by RERA. Some of the Gujarat RERA-approved projects by Adani Realty in Ahmedabad include The North Park, Aster, Amogha, Water Lily, and La Marina.
Many purchasers are still unaware that it is now essential to examine whether or not the project they are purchasing is registered with their state's Real Estate Regulatory Authority (RERA). Many of them aren't even aware of how to check it on RERA's website.
It is simple to check a developer's registration on a state's RERA website. Moreover, before purchasing any property, you can verify the project’s progress on the RERA website. Also, double-check that the project's specifications are present in the property you're considering purchasing.
On the RERA website, you must review the facts regarding the project you are interested in. RERA's website validates whether a project has been registered and displays its specifications. The website also provides information on numerous active initiatives in your area.
Reasons to buy GujRERA-approved projects.
Going for a RERA-approved project helps you avoid any difficulties you may face while buying a property in Gujarat. GujRERA carries out thorough checks on every builder in Gujarat so that you can be relieved from the stress related to the project after investing in it.
Adani Realty offers some of the best real estate projects in Ahmedabad. So, the best thing investors can do is invest in a RERA-approved Adani Realty project in Ahmedabad.