Notification/Circular No. – GujRERA Order-105
Document Date – March 28, 2025
Applicable Act/Rule – Real Estate (Regulation and Development) Act, 2016, Gujarat RERA (General) Regulations, 2017
The Gujarat Real Estate Regulatory Authority (GujRERA) has extended the deadline under the Voluntary Compliance Scheme-2025 for submission of Form-5 (Annual Report on Statement of Accounts) by promoters of registered real estate projects. Originally due by March 31, 2025, this extension allows defaulter promoters one last opportunity to comply by April 30, 2025, upon payment of applicable processing fees.
This relaxation has been granted in view of potential increases in the processing fee and to encourage promoters to regularise their pending filings. Failure to submit Form-5 may result in serious consequences such as freezing of RERA-designated bank accounts and heavy penalties under sections 60, 61, and 63 of the RERA Act.
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