RERA mandates the promoter of every registered real estate project to file a quarterly update. Such update is required to be completed within the period stipulated mentioned by the respective states, to avoid any violation of mandatory provisions of the Act and the possibility of levy of penalty for delayed filing.
At RERA Consultants LLP, the information required for completing the quarterly updates is collected systematically and utmost care is taken while collecting the required information and documents for the update, and also while validating, scanning, and preparing the documents for filing the updates. Information presented is verified by professionals like chartered accountants, architects, engineers, and legal teams, if required. The information and data collected are securely saved and with every quarter the data is updated and cross-checked with the data of the previous quarters to avoid any blatant errors, thus avoiding any consequence of a promoter being penalized at any point in time in the future.