Uttar Pradesh RERA (UPRERA) And Haryana RERA (HARERA) Compliances

UPRERA COMPLIANCES

1 QPR updation u/s 11(1) Comment Due Date of Compliance Penalty
Quarterly up-to-date the list of number and types of apartments or plots, asthe case may be, booked;

(c) quarterly up-to-date the list of number of garages booked;

(d) quarterly up-to-date the list of approvals taken and the approvals which are
pending subsequent to commencement certificate;

(e) quarterly up-to-date status of the project; and

(f) such other information and documents as may be specified by the regulations made by the Authority.       CA certificates, Engineer Certificates and Architect Certificates

The format of QPR updation is provided by UPRERA for other the format is not prescribed yet Within 7 days from the end of quarter Rs. 10,000/- per project per quarter
2 Compliance u/s 4(2)(1)(d) Comment Due Date of Compliance Penalty
(D) that seventy per cent. of the amounts realised for the real estate project from the allottees, from time to time, shall be deposited in a separate account to be maintained in a scheduled bank to cover the cost of construction and the land cost and shall be used only for that purpose The format has been prescibed by UPRERA and the same can be accessed by login your project accounts one time compliance unless there is a changes in the information Voilation under section 63
3 Compliance u/s 4(2)(1)(d) Provisio Comment Due Date of Compliance Penalty
Provided also that the 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 and it shall be verified during the audit that the amounts
collected for a particular project have been utilised for the project and the withdrawal has been in compliance with the proportion to the percentage ofcompletion of the project
No such format has been prescribed only facility of uploading the Annual Accounts is provided on web portal Annual Complaince within 6 months from the end of financial year i.e, 30th Septemeber Voilation under section 63

RERA Compliances

HARERA COMPLINACES

1 QPR updation u/s 11(1) Comment Due Date of Compliance
Quarterly up-to-date the list of number and types of apartments or plots, asthe case may be, booked;

(c) quarterly up-to-date the list of number of garages booked;

(d) quarterly up-to-date the list of approvals taken and the approvals which are
pending subsequent to commencement certificate;

(e) quarterly up-to-date status of the project; and

(f) such other information and documents as may be specified by the regulations
made by the Authority.    CA certificates, Engineer Certificates and Architect Certificates

The format of QPR updation is provided by HARERA for other the format is not prescribed yet Within 15 days from the end of quarter
2 HARERA [Compliance of Section 4(2)(1)(D] Regulations, 2020 Comment Due Date of Compliance
(D) that seventy per cent. of the amounts realised for the real estate project from the allottees, from time to time, shall be deposited in a separate account to be maintained in a scheduled bank to cover the cost of construction and the land cost and shall be used only for that purpose The format of compliance has been prescribed under the regulation on or before 30th September after the end of every financial year.
3 Compliance u/s 4(2)(1)(d) Provisio Comment Due Date of Compliance
Provided also that the 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 and it shall be verified during the audit that the amounts
collected for a particular project have been utilised for the project and the withdrawal has been in compliance with the proportion to the percentage of completion of the project
The format of compliance has been prescribed under the regulation on or before 30th September after the end of every financial year.
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Qualification: CS
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Location: GREATER NOIDA, Uttar Pradesh, IN
Member Since: 10 Nov 2020 | Total Posts: 1

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