RERA Quarterly Updates & Annual Compliance — What Developers Need to Know

RERA registration is not the end of your compliance journey—it is the beginning.

Once a real estate project is registered under RERA, the promoter is required to continue meeting various periodic, financial and disclosure-related compliance requirements throughout the project lifecycle.

Missing an update, submitting incorrect information or failing to maintain proper records can create unnecessary regulatory complications later.

What Are RERA Quarterly Updates?

Registered projects may require periodic updates on the applicable RERA portal regarding important aspects of the project, such as:

• Construction and development progress
• Project inventory and bookings
• Financial information
• Approvals and project-related documents
• Other prescribed project disclosures

The exact requirements and timelines depend on the applicable State RERA Authority and project circumstances.

What About Annual Compliance?

Annual compliance goes beyond simply updating project information.

Depending on the applicable requirements, developers may need to address matters relating to:

• Project accounts and financial records
• Separate account compliance
• Chartered Accountant certifications/audit
• Annual project information and disclosures
• Supporting documentation and records

Under Section 4(2)(l)(D) of RERA, promoters are generally required to maintain a separate account for 70% of amounts realised from allottees, subject to the conditions prescribed under the Act.

Proper coordination between the developer, accounts team, Chartered Accountant and compliance professionals is therefore important.

Common Compliance Gaps Developers Should Avoid

Many RERA issues arise not because of major violations, but because of small administrative gaps, such as:

Missed deadlines | Outdated information | Portal/document mismatches | Incomplete records | Poor financial coordination | Ignoring changes after registration

These issues can become more complicated when the project approaches completion, extension, possession or other regulatory stages.

A Better Way to Manage RERA Compliance

Instead of handling compliance only when a deadline approaches, developers should maintain a project-wise RERA compliance calendar covering:

Due Dates → Project Updates → Financial Records → Documents → Certifications → Regulatory Follow-up

A proactive approach helps identify gaps before they turn into regulatory problems.

Need Help With Your RERA Compliance?

At STM Entrepreneurs, we assist real estate developers with RERA compliance, periodic updates, documentation, regulatory coordination and ongoing project-related advisory.

Whether your project is newly registered or already under development, our team can help you understand what needs to be updated, when it needs to be done and what documentation should be maintained.

Don’t wait for a compliance issue to arise.

Talk to STM Entrepreneurs for project-specific RERA compliance guidance.

STM Entrepreneurs
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