The outlook of business has been transformed with the intervention of RERA in the real estate sector. The Act mandates a promoter to get their project Annually Audited under the RERA Act. The promoter is also expected to get his account (project designated account) audited within six months after the end of every financial year and the promoter shall submit these Annual Audited accounts to the Authority. Along with it, a list of documents has to be filed namely, an agreement of sale, conveyance deed, registration grant of the project for carrying out transactions.
At RERA Consultants, we have experienced financial experts who will present financial guidance by advising on all aspects of financial management under RERA, including fund withdrawal from the RERA designated bank account, audits under RERA, assistance, and advice on professional certificates.
We also advise on financial aspects during a Takeover or Transfer of a project under RERA.