Post-Project RERA Registration Compliances – A Detailed Guide

Post-Project RERA Registration Compliances – A Detailed Guide
  • General
  • Author: Riya Kapoor

Highlights

  • Mandatory disclosure of construction progress, approvals, sales, and financials within 15 days of each quarter

  • Display RERA number, maintain records, respond to allottee queries, and comply with regulations

  • Fines, revocation of registration, legal action, and public listing of non-compliance.

  • Apply for registration extension before expiry with valid reasons and supporting documents.

Obtaining your RERA registration approval is a major achievement – but the real work begins after registration. Post-registration compliance is crucial to keep your project legally secure, avoid penalties, and maintain buyer confidence. Here’s a step-by-step detailed guide to everything you need to do after RERA registration.

1. Quarterly Updates – Mandatory Project Disclosures

RERA requires developers to upload quarterly updates on the RERA portal within 15 days of every quarter’s end.

What you must disclose:

  • Construction progress with clear photographs
  • Status of approvals and permissions obtained
  • Units sold vs. unsold inventory
  • Financial details – amount collected from buyers and amount utilized

Why it matters: These updates maintain transparency and assure buyers about project progress.

2. Annual Filing – Form 5 CA Certificate

Every registered project must submit a yearly audit report, also known as Form 5, certified by a Chartered Accountant.

Key requirements:

  • File within 6 months from the end of the financial year
  • Certification must confirm that 70% of collections have been used only for land and construction cost
  • Maintains compliance with RERA’s financial safeguards

3. Project Extension – Apply Before Expiry

If your project cannot be completed within the registered timeline, you must apply for an extension before registration expires.

Steps to apply:

  • Submit extension application on RERA portal
  • Pay required fees
  • Attach valid reason for delay with supporting documents (e.g., force majeure, government approvals pending)

Failing to extend in time may result in revocation of registration.

4. Ongoing Obligations – Stay Compliant Throughout

  • Always display RERA registration number on brochures, websites, and advertisements
  • Maintain project records and books of accounts
  • Respond to allottee queries and complaints in a timely manner
  • Keep documentation ready for inspection by RERA authority

5. Penalties for Non-Compliance

Non-compliance can attract severe consequences:

  • Fines: Up to 5–10% of project cost depending on violation
  • Revocation: Registration can be cancelled by RERA
  • Legal action: Buyers can file complaints leading to compensation claims
  • Public listing: Non-compliance is visible on the RERA website, affecting reputation

    How RERA Filing Ensures Compliance

    We provide end-to-end compliance management so you never miss a deadline:

  • Automated reminders for quarterly and annual updates
  • Preparation and filing of all disclosures
  • Extension application support
  • Compliance tracking dashboard for peace of mind

 

Final Word

Post-registration compliance is not just a legal requirement – it is a commitment to transparency, professionalism, and trust. Staying compliant protects you from penalties and builds confidence with buyers, investors, and authorities.

 

 

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