Promoters are advised to ensure that their project information is always up to date as per Section 11 of the Real Estate (Regulation and Development) Act, 2016. If the data has not been updated for more than 90 days, then necessary action, as deemed necessary, shall be taken by MahaRERA.
Once registration is granted then documents uploaded by the promoter at the time of registration, cannot be deleted. Subsequently for regular/quarterly/annually updates, promoters can add additional documents in respective Fields/tabs, these additional documents once uploaded cannot be withdrawn/deleted.
Guidance for updating Project details
As a first step towards updating the project details, the promoters will have to use their login ids that they have used for registering their respective projects and pay the annual update fees. Post successful payment, the project update facility shall become active.
Updates are generally required in the following sections:
- Document Upload (Documents, Certificates, Details of encumbrances etc.)
- Building Details (Number of apartments Booked/Sold/Allotted)
- Task/Activity (Percentage of Work)
- Project Cost (Actual Total Amount)
- Promoter (Landowner)/Investor Details
- Common Areas and Facilities (Units Booked, Work Completion Percentage)
- Project Professional Details (Real Estate Agent etc.)
Building-wise Completion Date: -Update the building-wise completion date (This date cannot be beyond the Revised Proposed date of Completion) in the Add building tab under Project details.