The Gujarat Real Estate Regulatory Authority (GujRERA) has implemented a new order to enhance information accessibility for real estate buyers. Effective October 1, a Quick Response (QR) code will be included on all brochures and advertisements from developers, allowing customers to easily access project details. This initiative aims to streamline advertising and improve communication between buyers and developers. While the QR code provides project information, accessing legal documents will still require the eight-digit RERA registration number. Additionally, GujRERA has postponed plans to penalise delays in Quarterly Progress Report submissions, as they consider updates to compliance rules.
The Gujarat Real Estate Regulatory Authority (GujRERA) recently issued an order that allows interested real-estate buyers to glean information easily. The order decrees that a Quick Response (QR) code will be accessible on brochures and pamphlets for all advertisements published by all real estate developers, and will provide buyers and customers with information about the project. The order facilitates seamless advertising for real-estate developers, and will also allow customers to learn more about upcoming projects in a smooth manner.
The order was passed into effect earlier this month, on October 1st, and it improves information sharing between buyers and developers, making it more streamlined. The authority has also previously required that developers must also display the eight-digit RERA number on their respective websites, as well as the GujRERA website.
According to an official from GujRERA, the QR code will be given in the RERA registration certificate and will help all interested parties, such as buyers and investors, to promptly fetch information about projects by the developers.
However, only information about the project will be accessible through the QR Code. For other legal documents, such as Agreements for Sale (AFS), sale deeds, and any other related documents, the RERA registration number will be required, and the eight-digit code will not be applicable. This safeguard remains in place to ensure clarity and avoid misunderstandings in important legal dealings.
In other developments within the GujRERA, the authority is currently holding off on a previous declaration related to penalising delays in Quarterly Progress Report Submission. The agency has initially intended to penalise those delaying QPR submissions, on a daily basis. The authority had announced last month about their plans to update the submissions rules, aiming to increase compliance and timely submissions. As of now, however, this change of process is on hiatus.
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