For many individuals, the dream of purchasing a new home ranks among their most cherished aspirations. In 2017, the Gujarat state government introduced comprehensive regulations governing the real estate sector through the Gujarat Real Estate (Regulation and Development) Act, thereby establishing the Gujarat Real Estate Regulatory Authority (GUJRERA). GUJRERA now assumes the role of overseeing the real estate industry in Gujarat and safeguarding the rights of prospective homebuyers.

 What is RERA Gujarat?

RERA Gujarat, short for the Gujarat Real Estate Regulatory Authority, is a regulatory body established by the Gujarat state government in 2017 under the Gujarat Real Estate (Regulation and Development) Act. Its primary purpose is to supervise and regulate the real estate sector in Gujarat, ensuring transparency, fairness, and accountability in property transactions. RERA Gujarat aims to protect the rights and interests of homebuyers by providing a platform for resolving disputes and grievances, thereby promoting a more secure and reliable environment for real estate transactions in the state. Discover the pinnacle of luxury living in Ahmedabad! Explore our exquisite 4/5 BHK flats in Ahmedabad at The Storeys, where opulence meets sophistication. Our RERA-approved properties ensure your investment is secure and your dreams are realized.

Pay For Carpet Area Only

An overarching goal of implementing this act is to curb malpractice within Gujarat’s real estate market and provide a safeguard for the interests of homebuyers. In the past, a significant concern for homebuyers was the inconsistency in the area calculations used for property pricing. Under the new act, homebuyers are billed solely for the carpet area of the property, eliminating charges for other built-up areas. This progressive measure has not only brought considerable relief to homebuyers but has also made housing more affordable, opening doors to homeownership for a wider range of individuals through accessible home loan options.

How To Check Project Details In RERA?

To access project details in RERA, follow these steps

• Visit the official website at www.gujrera.gujarat.gov.in/
• Utilize the GujRERA search feature to find the desired agent or builder.
• For precise information about builders and RERA project status, consider using GujRERA’s advanced search options.

How to check the RERA registration number of a builder?

Understanding the RERA Act is crucial for prospective homebuyers. This act has laid down distinct regulations for each Indian state and union territory, emphasizing the need for builders to adhere to specific rules aimed at promoting transparency and fostering trust between builders and homebuyers. It is imperative to verify RERA approval before investing in a property, as the list of authorized projects and agents is consistently updated on the GujRERA website. Rest assured, The Storeys’ projects hold GujRERA approval, allowing you to confidently purchase our luxurious and spacious 4 BHK flats in Ahmedabad without any reservations. Your dream home awaits!

Builders are restricted from requesting an advance payment of more than 10%

According to the GujRERA Act, it is explicitly mandated that developers are prohibited from seeking an advance payment exceeding 10% of the property’s value during the signing of the purchase and sale agreement. Additionally, both parties are legally obligated to register this agreement in accordance with GujRERA regulations to ensure its legal validity. Unlock the Door to Your Spacious and Luxurious Home in Ahmedabad with The Storeys. Explore Now.

Buyers can get a full refund in case of delay or deceit

Under the regulations set forth by RERA Gujarat, in the event of a project delay, homebuyers retain the valuable right to withdraw their investment and are entitled to a full 100% refund. Additionally, builders are legally obliged to reimburse the entire amount along with interest, calculated from the project’s scheduled delivery date until the refund is made. Therefore, it is in the best interest of homebuyers to prioritize RERA approval, ensuring their ability to claim a refund in cases of project delays.

We have 4 BHK and 5 BHK apartments in Ahmedabad in the heart of Ahmedabad Adani Shanti gram. We want to make homes that people love and that feel like a safe haven. We want you to be happy and feel like all your hard work was worth it when you’re in your home. The Storeys is here to help you find your dream home in Ahmedabad. It’s a place that fits your story. Your dream home is just a step away. Welcome to luxurious living at “The Storeys”.