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Developers February 22, 2026 3 min read
Why Quarterly Updates are Critical for Ongoing Projects
Compliance Team
RERA Consultants
The Mandate for Transparency
RERA necessitates developers to continually update their project status on the state RERA portal every three months. This keeps promoters accountable.
What to Include:
- Unit Sales: How many apartments or plots were booked in the quarter.
- Approvals: Any new NOCs or certificates obtained.
- Construction Stage: Photographic evidence and percentage of completion.
Failure to provide updates can result in severe penalties or revocation of registration.
Tags
Quarterly UpdatesComplianceProject Progress
About the Author
Compliance Team
RERA Consultants
Expert advisor at RERA Consultancy India, providing leading insights on regulatory compliance and real estate law.
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