RERA Quarterly Updates & Annual Audits
Keep quarterly filings, professional certificates and annual audits accurate and on schedule.
Local Expertise Across Southern India
Keep Every RERA Filing on Schedule.
01/03
Late or incomplete filings can expose promoters to penalties and disrupt ongoing project compliance.
Filing quarterly updates are critical for the funding or your ongoing project(s). Without relevant submission of information and professional certificates, promoters will not have access to respective project funds and thus derailing your business operations.
Talk to our experienced team for a seamless compliance process.
RERA mandates promoters to provide comprehensive information regarding project progress, sales information, financial status and legal approvals as part of quarterly updates. As a Partner, we will coordinate with your stakeholders and prepare the required information for submission.
It is a mandatory requirement for promoters to submit professional certificates verified and signed by CAs, Engineers and Architects to validate the project progress and utilization of funds.
Though RERA is a central law, each state has its own specific forms and information requirements. Our seasoned professionals understand these variations and ensure all state authority’s expectations are met with ease.
02/03
What you need to know?
Filing Date
Quarterly updates need to be filed within 15 days after the end of each quarter.
Professional Certificates
Submission of professional certificates from CAs, architects and engineers verifying and validating project progress is a must.
State Specific Formats
Every state can have its own prescribed set of information and formats to be followed.
03/03
Our 3-Step 'Quarterly Update' Process
Free Expert Consultation
Detailed discussion to understand your project and confirm your project’s applicability for filing quarterly update for the specified reporting period—completely free of cost.
Document Preparation
Our specialists help you gather, verify, and organize every required document—saving you time and avoiding costly mistakes.
Accurate Application Filing
We prepare and file each update with the required project information and professional certificates.
Quarterly Updates Checklist
Here’s a quick guide (representative list) to help you prepare on the key aspects of information required for quarterly updates.
- Project overview and status of legal approvals & clearances
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Construction status including photographic
evidence - A summary of the financial status including details of funds deposited & withdrawn
- Detailed information pertaining to all sales and bookings
- Details of any pending litigations, compliance reports of labor, safety and environment regulations.
- Detailed information or real estate agents and other professionals associated with the project
Don’t Let Regulations Delay Your Project Launch.
Let our team coordinate your quarterly updates, annual audits and supporting professional certificates.
All your questions answered
Yes. A Chartered Accountant familiar with RERA and the applicable state requirements can help ensure that financial information and professional certificates are prepared correctly.
Late or missed quarterly updates can attract penalties and other regulatory action. The consequences depend on the applicable state authority and the nature and duration of the default.
Withdrawals from the designated project account depend on project progress and prescribed professional certifications. Quarterly updates separately keep the authority and stakeholders informed about the project’s physical and financial status.