As we advance into completion of the second year of RERA, I extend my heartfelt greetings to the officials, promoters, agents and buyers at this juncture.
Since we embarked on this journey, we have put significant efforts to enact a regulatory system which ensures accountability, protects buyer's interests and promotes transparency in the real estate sector.
Gujarat RERA has since its beginning been among the leading states in implementation of Real Estate (Regulation and Development) Act. In its first year, GujRERA has registered more than 2000 Projects and is in the top two states in terms of project registration. Further steps have been taken to ensure speedy dispute redressal of the complaints. This report also talks about the important activities and initiatives of Gujarat RERA in last year and its vision going forward.
I wish to place on record, my sincere appreciation of the outstanding contribution of my predecessor Dr. Manjula Subramaniam, the first Chairperson of GUJ-RERA in building up the systems from scratch as well as getting the right professionals and consultants on board.
I also wish to acknowledge the exceptional efforts put in by the members as well as other professionals, in making Gujarat RERA a vibrant Team. In the coming years, we shall strive towards building a conducive and transparent ecosystem for the real estate industry, leading as example to other states.
I look forward to your kind observations to further refine the work of GujRERA.