Tag: #FinancialIntegrity

Haryana RERA mandates builders to file annual reports within 30 days

November 29, 2024

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has issued a firm directive to real estate promoters, requiring them to submit annual reports for their under-construction projects within 30 days. This directive follows the regulator’s observation of widespread non-compliance by promoters, raising serious concerns about transparency and accountability within the real estate sector. During a […]

Haryana RERA mandates builders to file annual reports within 30 daysmore
Audit

Builders must have project accounting audited by UP-RERA within six months of the conclusion of the fiscal year.

December 14, 2023

NEW DELHI: Within six months of the conclusion of the fiscal year, the promoter must have the project accounts audited and upload the audited balance sheet to the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) website. The project’s financial records will be examined by an authorized panel auditor if there are significant inconsistencies or complaints. […]

Builders must have project accounting audited by UP-RERA within six months of the conclusion of the fiscal year.more