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MahaRERA: Submission of Form 5 is extended till 31.12.2021

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MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY

Dated: 18/10/2021

Order No:- 25/2021

No. MahaRERA/Secy/File No./225/2021

Subject: Extension of timelines for submission of Form 5

Whereas, Section 4 of the Act states that promoter shall get his accounts audited within six months after the end of every financial year by a chartered accountant in practice, and shall produce a statement of accounts duly certified and signed by such chartered accountant.

Whereas, in view of Second wave of Covid-19 Pandemic and consequent lockdowns, MahaRERA had issued an order under no.21/2021 dated 06.08.2021 granting an extension of a period of six months, from 15.04.2021 to 14.10.2021, for all statutory compliances under Section 11 of the Act.

In exercise of the powers under section 37 read with Section 34(a), 34(f) and 34(g), the following directions are issued with immediate effect:

  • For all MahaRERA Registered projects that are required to submit Form 5 for the Financial Year 2020 – 21, the deadline for submission of Form 5 is being extended from 30th September 2021 to 31st December 2021.

As approved by Authority

(Dr. Vasant Prabhu)
Secretary, MahaRERA

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