RERA compliance for developers and promoters

A promoter under the RERA Act, 2016 carries continuing obligations, not a one-time registration. Section 3 requires a project to be registered before it is advertised or sold, Section 4 sets out what the application must carry, and Section 11 keeps the promoter answerable for disclosures, updates and account discipline long after the registration number is issued.

NXS48 supports promoters with a multidisciplinary team of 200+ professionals across employees and associates. Chartered Accountants work on escrow-account certificates and annual statements; advocates handle agreements, notices and proceedings; engineers and architects support the certificates and plan-related material the authority expects. Which of these disciplines is involved depends on the project and is agreed before engagement.

Situations we are asked about

• Preparing a new project for registration on the state portal
• Keeping quarterly progress reports and updates consistent with the books and the site
• Applying for an extension where delay may fall under Section 6
• Responding to a scrutiny observation or a complaint from allottees
• Planning a change in promoter under Section 15

Legal touchpoints

• Registration and extension (Sections 3, 4 and 6)
• Promoter duties and escrow (Section 11 and the applicable state rules)
• Transfer of rights (Section 15)
• Complaints and appeals (Sections 31 and 44)