Act and Rules mandate that the Promoter of every registered real estate project shall file the quarterly updates. Such update is required to be completed within the due dates mentioned as per respective Rules of the states, to avoid any violation of mandatory provisions of the Act and Rules.
Such updates include providing details of progress of development of project, financial aspects of collections and spending of money, professional certificates, photographs, sold and unsold inventory etc. At RERA consultants LLP, utmost care is taken while collection of information, documents, validation, scanning and preparing of documents for filing of updates. Information is duly verified by professionals like CA’s Architects, Engineers, advocates on case to case basis while filing of quarterly updates with RERA Authorities. RERA consultants LLP’s timely reminders will help the Promoter’s to prepare and submit the Quarterly updates accurately within the stipulated time.