Notification/Circular No.: GujRERA Order-105A
Document Date: 28 April 2025
Applicable Act/Rule: Real Estate (Regulation and Development) Act, 2016; Gujarat RERA Regulations, 2017
Applicable Section/Rule: Section 4(2)(l)(D) and Regulation 4
Under Section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act, 2016, and Regulation 4 of the Gujarat Real Estate Regulatory Authority Regulations, 2017, every promoter is required to file an annual report on the statement of accounts in Form-5 within six months after the end of each financial year for every registered project.
GujRERA had earlier provided an online facility for Chartered Accountants to file Form-5 through the GujRERA portal. To facilitate compliance from defaulting promoters, the Authority had previously allowed a one-time opportunity via Order-102 (dated 19th December 2024) to submit any pending Form-5 filings by 31st March 2025, which was later extended to 30th April 2025 through Order-103 (dated 28th March 2025).
The authority is considering to increase the processing fees for online submission of pending Form-5 (Annual Report), for that GujRERA has now decided for final extension under the Voluntary Compliance Scheme-2025. Promoters who have not yet complied can now submit their pending Form-5 (Annual Report) along with applicable processing fees by the extended deadline of 31st July 2025.
This move is aimed at encouraging compliance and avoiding stringent penalties, including freezing of the RERA-designated bank account and the imposition of heavy penalties under Sections 60, 61, and 63 of the Act.
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