Short Answer

No, a RERA complaint does not require the buyer to deposit any security or bond.

Detailed Explanation

As per Section 31 of the Gujarat RERA Act, 2016, a complainant filing a complaint before the Gujarat Real Estate Regulatory Authority (RERA) is not required to deposit any security or bond. This provision ensures that buyers can easily approach RERA to seek redressal for grievances against builders without any financial burden or additional requirements.

In practice, this means that buyers can freely lodge complaints with RERA without having to worry about providing any security or bond amount. This provision aims to facilitate a quick and efficient resolution of disputes between buyers and builders, promoting transparency and accountability in the real estate sector.

For example, if a buyer is facing delays in possession of their property by the builder, they can file a complaint with RERA without having to deposit any security or bond amount. RERA will then investigate the matter and take necessary actions to resolve the issue in a timely manner.

Another scenario could be if a builder has made false promises regarding amenities or specifications of the property, the buyer can approach RERA for relief without any financial obligations. RERA will intervene to ensure that the builder fulfills their commitments as per the agreement.

Overall, the absence of a requirement for security or bond in RERA complaints simplifies the process for buyers seeking justice and protection of their rights in real estate transactions.

References

• Section 31 of the Gujarat RERA Act, 2016: Gujarat RERA Act and Rules