The Rajasthan Real Estate Regulatory Authority (RERA) has extended the date for developers for online submission of quarterly progress report (QRPS) of their registered projects.
In an order issued on Monday, the authority mentioned that the last date for submission of QRPs for all the earlier quarters and also for the quarters ending on March 31, 2021 has been extended to June 30, 2021 without any delay processing charges or penalty.
Providing relief to real estate developers amidst Covid, RERA had last year exempted developers from displaying quarterly report of projects on the regulator’s website till March 2021.
The order further states, “If QRP for any quarter, including January- March 2021, is not submitted by June 30, it will attract penalty under section 61 of the Real Estate (Regulation and Development) Act 2016 for contravention of relevant provisions. Delay processing charges will also be attracted on delay in submission of QRPs.”
An official informed, as per the mandatory provision, the promoter must upload updates on the RERA website for the project at the end of each quarter on apartments/flats, status update of each building, floor, internal infrastructure and common areas construction. Other details including information on approvals, bank account details, revision in plans, licence issues, permits or approvals for the projects also must be displayed in public forum.
From January 1, the body (RERA- Raj) had launched online facility for submission of QPR of registered projects. After that no offline reports were to be accepted.
“The report for a quarter must be submitted within 15 days at the end of the quarter as per the rule. All those promoters who had submitted offline QPR for earlier quarters had to submit it online for the previous quarters as well,” said an official.
