Services for clients across India. Applicable state, sector and professional requirements are assessed before an engagement.
MahaRERA compliance is calendar-driven and account-driven at once: quarterly progress updates, the annual Form 5 audit trail, and the 70% designated-account discipline all feed one public record that homebuyers, banks and the regulator read. Falling behind shows publicly; catching up under a show-cause is costlier than doing it on time.
When this service is typically required
- A new project needs registration with realistic timelines and complete disclosures
- Quarterly progress reports (QPRs) are due or overdue — the promoter compliance cycle
- Form 5 (annual statement of accounts) season needs the CA certification trail prepared
- Withdrawals from the designated account need Form 1/2/3 certification workflows
- Project extension, correction or change applications must be justified to the authority
- A MahaRERA notice or suo-motu order needs a documented response
Indicative scope
- Registration application support: financials, declarations, document assembly
- Quarterly QPR preparation and filing from site and sales data
- Designated-account tracking: collections, withdrawals, certificate coordination
- Form 5 preparation support and audit-trail assembly
- Project-level books: collections, cost, and utilisation reporting
- Extension/correction applications and notice responses
Key points at a glance
| Item | Position |
|---|---|
| QPR | Quarterly, on the portal, public — dates per project registration |
| Form 5 | Annual statement of accounts certified per MahaRERA's prescribed format |
| Designated account | 70% of receivables ring-fenced; withdrawals against certified progress |
| Non-compliance | Visible on the public portal and ground for penalties/registration action |
Deliverables
Filed QPRs with working papers, the Form 5 pack reconciled to books and bank, a designated-account register tying every withdrawal to its certificates, and a compliance calendar per project with status evidence.
Information and documents generally required
Project registration details and portal access, sales MIS (bookings, agreements, collections), designated bank statements, architect/engineer certificates, cost budgets and books of the project entity.
Engagement process
Client responsibilities, assumptions and reliance
Site progress data, sales records and bank statements must flow on the agreed calendar; certificates from architects/engineers are the promoter's to obtain (coordination is in scope). Filings rely on the records provided.
Scope exclusions
Legal representation in adjudication/appeals, homebuyer dispute handling, and title/approval matters. Where the engagement includes certification, independence and format requirements of the authority govern what the firm may certify.
Frequently asked questions
We have missed several QPRs. How bad is it?
It is public and fixable: filings are brought current with a documented explanation, and the account discipline is evidenced going forward. The honest cost of regularisation is quantified upfront — no assurances about penalty waivers.
Can the 70% account rules flex for group cash needs?
No — the ring-fencing is the core of RERA. What good accounting does is maximise legitimate, certified withdrawals on time so the project isn't starved by its own paperwork.
Do you work with our project architect and engineer?
Yes — Form 1/2/3 certification is a three-professional workflow; coordination and reconciliation of the three certificates is part of the withdrawal support.
Is this only for Maharashtra?
The practice's RERA work centres on MahaRERA. Other states follow the same Act with different portals and formats; feasibility is confirmed before engagement.
Can you fix a wrong entry in a filed QPR?
Corrections go through the authority's prescribed correction/updation routes with justification — handled as part of scope, subject to what the portal permits.
The applicable scope, documentation, professional responsibilities and timelines are agreed in an engagement letter before commencement.
Project AccountingCMA Data & Project ReportsIncome Tax ComplianceRequest a Scope DiscussionThis page describes the service in general terms as on 6 August 2026 and is not professional advice or an assurance of any outcome. Registrations, filings, refunds and departmental outcomes depend on facts and the concerned authority. Figures and due dates change; verify current positions before acting.
| Compliance | Due | Note |
|---|---|---|
| Project registration | Before any advertising or booking | Applies at 8+ units / 500+ sq m |
| Quarterly progress updates | Every quarter, within the notified window | Photos, status, sales — kept current |
| Form 5 (annual audit certificate) | Within 6 months of FY end (30 September) | By a practising CA |
| Registration extension | Before project validity expires | Delay invites penalty and freeze |
| Agent registration renewal | Every 5 years | Mandatory for brokers selling RERA units |
Dates as generally applicable on 15 July 2026; extensions/notifications can change them — confirm current dates before relying.