Around 72 developers across the state have finally uploaded the mandatory Quarterly Progress Report (QRP) online after a stern RERA warning.
To provide transparent records to buyers as per the mandatory provision, the promoters must upload the project updates on apartments/flats, status update of each building, floor, internal infrastructure and common area constructions on the RERA website at the end of each quarter.
Other details including information on approvals, bank account details and revision in plans, license issues, permits or approvals for the projects must also be displayed on the public forum.
However, total of 75 developers failed to deposit the records following which RERA issued the final notice for imposing penalties and revocation of registration.
Following this, majority have developers uploaded the records. RERA registrar Ramesh Chand Sharma said, “All the 75 matters of similar nature were heard together. Majority of developers abide by the directions and 72 of 75 matters were disposed of.”
An official said the notices were issued to the developers under Sections 35, 36, 37 and Section 38 read with Section t7, 11(1), 61 and Section 63 of the Real Estate (Regulation and Development) Act, 2016 for imposition of penalties and revocation of registration due to non-submission of QRPs on RERA web portal.