Quarterly Updation Services for Developers
"It is not just a compliance, it is a Marketing Tool"
The role of the Promoter doesn't end with the Registration. Section 11 states duties of the promoter. One of the important duties of the Promoter is to update the Project Quarterly (Every 90 days). Upgradation includes updating the construction stage (Form 1 - Architect Certificate), Updating the Cost incurred and the valuation of sold inventories (Form 3 - CA Certificate), Updating the estimation cost (Form 2), Latest Approvals granted to Project and any other details required by the Authority.
One of the key objectives of MahaRERA is to ensure the Transparency amongst the various stakeholders in the Real Estate Sector. For the buyers,
MahaRERA Search Engine acts as the most trusted Property listing site where they expect genuine and authentic information of the Project. Upon non-performance of compliances like Quarterly Up gradation, the authority can levy a penalty up to 5% of the total estimated Cost of the Project.
RERA Easy could take the responsibility of end to end process of Quarterly Updating on timely basis, along with the other compliances. With an Experience of handling the compliances of more than 400 + Projects across the state, RERA Easy commits for its sincerity, optimum knowledge and efficient service.
Want to hand over the burden of RERA to us? Haven't completed any compliance in the project yet?
We are excited to take this responsibility. Please fill the Form below