RERA Quarterly Updates & Audit Services
Stay Compliant. Stay Updated. Stay Protected.
RERA registration is just the beginning. Once your project is registered, regular updates and financial discipline become mandatory.
Missed filings, incorrect disclosures, or delayed updates can lead to penalties, project restrictions, and loss of buyer trust.
At N D Savla & Associates, we handle complete RERA quarterly compliance and audit support—so you stay compliant without chasing deadlines.
What are RERA Quarterly Updates?
Under RERA, promoters must regularly update project details on the RERA portal.
These updates include:
- Construction progress
- Sales status (units sold vs unsold)
- Financial updates
- Approvals and timelines
These filings ensure transparency and are closely monitored by authorities.
Our RERA Quarterly Compliance Services
Quarterly Project Updates
We manage accurate and timely submission of project updates.
Includes:
- Updating construction status
- Sales and inventory updates
- Uploading project progress details
- Ensuring consistency with earlier filings
Financial Reporting & CA Certification
Financial compliance is a critical part of RERA.
We ensure:
- Proper tracking of project funds
- Certification for fund utilization
- Compliance with 70% escrow account rule
- Accurate financial disclosures
Annual RERA Audit (Form 5)
Every registered project requires annual certification by a Chartered Accountant.
We handle:
- Verification of project accounts
- Certification of fund utilization
- Ensuring funds are used only for the project
- Filing of Form 5 as per RERA requirements
Escrow Account Monitoring
Improper fund usage is one of the biggest risks under RERA.
We help you:
- Track inflow and outflow of funds
- Ensure withdrawals are compliant
- Maintain proper audit trail
- Avoid financial irregularities
Compliance Review & Error Correction
Small mistakes can lead to big notices.
We:
- Review previous filings
- Identify inconsistencies or errors
- Correct and update records
- Handle notices and queries from RERA authorities
Why Developers Work With Us
- No missed deadlines or penalties
- Accurate and structured filings
- Strong financial compliance support
- End-to-end handling (not just advisory)
- Peace of mind throughout the project lifecycle
Who This is For
- Developers with RERA registered projects
- Ongoing residential and commercial projects
- Builders managing multiple projects
- Promoters facing RERA compliance issues
- Projects with escrow and funding complexities
Our Approach
- Compliance Calendar Setup – No missed deadlines
- Data Collection & Review – Accurate and complete inputs
- Filing & Certification – Proper submission with CA validation
- Monitoring – Continuous compliance tracking
- Support – Handling queries, notices, and corrections
Don’t Let Compliance Slow Down Your Project
RERA compliance is ongoing—and ignoring it can cost you time, money, and credibility.
Let us handle your quarterly updates and audit so you can focus on completing and selling your project.
F.A.Q.
Yes, promoters must regularly update project details on the RERA portal, including construction progress, sales, and financial information.
Form 5 is an annual audit report certified by a Chartered Accountant confirming that project funds have been used appropriately.
Failure to file updates can result in penalties, restrictions on the project, and possible legal action.
Typically, updates are required on a quarterly basis, along with an annual audit certification.
A Chartered Accountant certifies financial details, verifies fund utilization, and ensures compliance with RERA financial regulations.
Developers must deposit 70% of funds collected from buyers into a separate account to ensure proper use for the project.
Yes, errors can be corrected, but it requires proper documentation and sometimes approval from RERA authorities.
