GujRERA extends deadline to submit annual reports to March 31

10 Jan 2022 CW Team

The Gujarat Real Estate Regulatory Authority (GujRERA) has further extended the deadline for annual reports submission on the statement of accounts by real estate developers for 2020-21 fiscal.

The last date to submit the reports has now been extended to March 31, 2022, from December 31, 2021, and will render relief to developers impacted by the Covid-19 pandemic. It is the second extension to developers by the state regulator.

Earlier, the date for filing annual reports was extended to December 31, last year, from the actual deadline of September 30.

Recently, the regulator ordered that the deadline for the submission of Form-5 for the financial year 2020-21, which was due on September 9, 2021, as extended to December 31, 2021, is further extended to March 31, 2022.

Real estate developers are needed to present the annual report on the statement of accounts in Form-5 six months after the end of every financial year for every listed project.

Image Source

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..