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RERA Advisory & Compliance Services

Home RERA Advisory & Compliance Services

Under the Real Estate (Regulation and Development) Act, 2016 (RERA), strict financial disclosures and compliance frameworks are mandatory for developers and agents. We offer end-to-end consultancy, certification, and audit services to ensure your real estate operations remain fully compliant with state RERA authorities.

Here is the list of services for your website:

RERA Project Registration: End-to-end assistance for developers in registering new and ongoing real estate projects, including compiling financial data, calculating net worth, and structuring estimated project costs.
Real Estate Agent Registration: Facilitating mandatory RERA registration for property brokers and agents under Section 9 of the Act, including documentation and eligibility assessments.
Escrow Account Certification (Form 3): Issuing the mandatory Chartered Accountant certificates required to authorize fund withdrawals from the designated 70% project bank account. This certifies that withdrawal requests are proportionate to the percentage of construction completion.
Annual Statutory Audit (Form 5): Conducting the mandatory yearly audit of the promoter's project accounts within six months of the financial year-end to verify that all collected funds were utilized exclusively for the designated project and not diverted.
Quarterly RERA Compliance: Managing the ongoing compliance calendar by updating project progress, financial figures, and sales data on the state RERA portal every quarter.
Project Extensions & Modifications: Handling the financial documentation and filings required for extending project completion timelines, modifying existing RERA registrations, or executing project takeovers by new promoters.
Financial Cost Structuring: Assisting developers with detailed cost evaluations, including correctly classifying land costs, development costs, offsite expenses, and borrowing costs as required by RERA guidelines.
Litigation & Representation: Drafting legal responses to show-cause notices and representing developers, real estate agents, or homebuyers before the Real Estate Regulatory Authority and the Appellate Tribunal.

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