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Extension of due date of QPR Submission in GUJRERA
- General
- Author: Shreya Uppal
Highlights
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As per the Order No. 25 dated 4th July, 2019 issued by the GUJRERA to clarify about the submission dates of QPR return.
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As per this latest order, it has been clarified that Form 2 and Form 3 of the GUJRERA Regulations, 2017, have been substituted w.e.f. 31st May, 2019 by GUJRERA (General) (Amendment) Regulations, 2019.
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It has been decided to extend the due date of QPR Submission from 7th July, 2019 to 7th August, 2019.
As per the Order No. 25 dated 4th July, 2019 issued by the GUJRERA to clarify about the submission dates of QPR return. The RERA Act, 2016 became effective from 1st May, 2016 with 69 sections notified out of 92 sections. The Ministry of Housing and Urban Poverty Alleviation notified the RERA rules for RERA Gujarat on 29 October, 2016 to protect buyer’s interest, enhance professionalism and ensure transparency in the real estate sector. As per this latest order, it has been clarified that Form 2 and Form 3 of the GUJRERA Regulations, 2017, have been substituted w.e.f. 31st May, 2019 by GUJRERA (General) (Amendment) Regulations, 2019.
The mandatory requirements for project registration, alteration, extension applications and for Quarterly Project progress report return are Form 2 and Form 3, namely Engineer’s Certificate and CA Certificate respectively. The amended forms intend to capture project data for the assessment of regulatory compliances by the project promoter for every registered real estate project, along with submission of qualitative assurances for construction quality through adherence of codes.
To make the procedure simple and clear, revised form 2 and form 3 submission has been made available on GUJRERA portal with effect from 8th June, 2019. In considerations of representations received by the authority for the extension of the due date of QPR Submission, it has been decided to extend the due date of QPR Submission from 7th July, 2019 to 7th August, 2019.
However, after that, the promoters would be required to file regular quarterly updates for subsequent quarters in the normal course on respective QPR Submission due dates.
For Quarterly Compliances in Gujarat, click here.
Also read : RERA in Gujarat for Real estate agents
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