Till now, 27 states and Union Territories (UTs) have notified Real Estate (Regulation and Development) Act (RERA). Of these, only four states, including Gujarat, have established permanent regulatory bodies.
Gujarat has also launched an online portal, where the number of applications for registration submitted.
Gujarat’s real estate regulatory authority has finally shared the list of approved projects and agents on its website. Interested homebuyers may check the approved list of projects and agents before making any purchase decision. Experts advise buyers to only purchase realty properties from registered developers in order to avoid any hassles later on.
It should be noted that only registered projects can be sold, marketed, or advertised as per the RERA rules.
As of now, overall 2,811 real estate projects have successfully registered under Gujarat RERA. The Authority has issued RERA certificates to 547 real estate agents, till now.
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Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.