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 (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 |
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 (e) quarterly up-to-date status of the project; and (f) such other information and documents as may be specified by the regulations |
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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