Karnataka State Government has appointed Shri HC Kishore Chandra as the new chairman of RERA.

Date: 16 th April, 2021
Kerala RERA Authority issued Public Notice on 16th April 2021 in relation to Filing of Quarterly Updates,
Annual Audit Report of all registered projects. Section 11 (1) in Real Estate (Regulation & Development)
Act 2016 read with Rule 17(1)(d) Kerala Real Estate (Regulation and Development) Rules 2018 the
Promoter shall file quarterly update of the project in the Web Portal of the Authority within 7 days from
the expiry of each Quarter.
The Authority has decided that such quarters are decided as follows:

Q1 – April, May and June
Q2 – July, August and September
Q3 – October, November and December
Q4 – January, February and March
1. Authority has given the time for filing the quarterly updates for the last quarter of 2020
along with professional certificates of Engineer, Architect and Chartered Accountants
related to withdrawal of funds from the project designated bank account on or before
30th April 2021 – Such professional certificates shall be in accordance with 2nd proviso
to Sec 4(2)(l)(D) of the RERA Act.

1. Annual report on the statement of account for the year 2019-20 shall be uploaded in the
Authority Web Portal on or before 30th June 2021 in the Form No. 5 – Such audit report and certificates
shall be in accordance with 3rd proviso to Sec 4(2)(l)(D) of the RERA Act

3. Completion certificates for registered ongoing projects completed by now in all respects shall obtain a
certificate from an Architect in Form No.6 as required under Regulation 4(5) & shall be uploaded in the
Authority Web Portal as soon as possible.
Hence, in exercise of the powers conferred under section 37 of the Act 2016, the Authority hereby
directs all the Promoters to strictly adhere to the above instructions and informs that if any
data/information/document furnished by any Promoter is found to be false/incorrect/deficient in any
manner, it will amount to contravention of Section 4 of the Act and such a Promoter shall be liable to a
penalty which may extend up to 5% of the estimated cost of the project, as provided under section 60 of
the Act.

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