Reading Quarterly Progress Filings on the Karnataka RERA Website

A project registered with K-RERA is never a closed file. Every three months its promoter must return to the public page and report fresh facts, and that stream of reports shows a buyer more than any brochure. The sections below cover the deadlines, the legal basis and the way a Bangalore buyer reads each part of an update.

Deadlines on the Calendar

K-RERA fixes the due dates at the 15th of April, July, October and January. A quarter closing in March is reported in April, one closing in June in July, then September in October and December in January. The regulator's circular for 2026-27 repeats this schedule and points to sections 61 and 63 as the source of penalties for delay.

The calendar offers a quick test. By the end of October 2026 the page ought to show the quarter that closed on 30 September. An entry two or three quarters out of date is a finding in itself, so send the promoter a written question before paying a rupee.

The Law Behind the Page

Under the RERA Act, section 11(1), each promoter keeps a page for the project on the regulator's site. It starts from the details lodged when the project was registered (section 4) and stays visible to everyone. Four things need fresh entries each quarter:

• Bookings of apartments or plots, split by type
• The count of garages booked
• Approvals received, and those still awaited once the commencement certificate is in hand
• The condition of the project as a whole

The page is thus a diary, not a one-time declaration. Section 19 gives an allottee a separate right to ask for the approved drawings and the schedule of completion, stage by stage. A person who has booked should make that request by letter or email.

Getting to the Right Page

Search the portal with the project's registered name or its registration number. Since sales names often differ from registered ones, the number is the dependable way in. The page is split into tabs for the promoter, project particulars, documents and periodic reports.

Copy three numbers from the registration before reading anything else, as later filings are judged against them: the proposed completion date, total units and estimated cost. Check also for an extension under section 6, which pushes the completion date out by at most a year in total.

Weighing Construction Progress

Each block gets its own entry, given either as a stage or as a percentage finished. The entries span the structure, the finishing and shared infrastructure such as roads, water, sewage treatment, power and amenities. Form 5 from the architect and Form 6 from the engineer vouch for the figures.

One quarter rarely tells much, but four in sequence tell a great deal. Picture a scheme with 18 months to go and only half its structure built: it must speed up visibly. Match the pace to the time remaining, then test both against a site visit, using dated photographs from each trip.

The Sales Count

Units booked show how briskly a scheme sells. That matters because buyers' instalments pay for much of the building. A project with few sales late in its schedule relies more on borrowed money and the promoter's own pocket.

The count also helps at the negotiating table. Where a tower has plenty of unsold homes close to handover, the buyer has more bargaining room than in one almost sold out. Bear in mind that the promoter declares the number for that quarter and it will move.

Approvals Granted and Awaited

The approvals section splits clearances already received from those still awaited. For a typical apartment scheme in Bangalore, the entries are likely to include these:

• Building plan sanction, followed by the commencement certificate
• Clearances from the fire service, the airport height authority and the pollution board, as relevant
• Utility connections for water, sewerage and power
• The occupancy certificate, issued at the very end

Early in a project a pending approval is routine. One that lingers through several quarters, above all where it concerns an extra storey or a redrawn plan, calls for questions. Section 14 requires written consent from two-thirds of allottees before the sanctioned plan or common areas are altered.

Tracing the Money

Clause (D) of section 4(2)(l) sets aside seventy per cent of allottees' payments in a dedicated bank account. The account pays solely for land and construction, and withdrawals keep pace with the percentage of completion. A chartered accountant, an architect and an engineer must each certify every withdrawal.

The accountant's Form 4 links the cash drawn to the work done. In addition, an audit within six months of every financial year-end shows that receipts were spent on the project and drawings tracked completion. Drawings that run far ahead of site progress are a danger signal.

Five Checks to Repeat Each Quarter

Going through the following each time a new filing appears gets through the bulk of what the record can reveal:

1. Set this quarter's progress beside the previous one for the tower that contains the flat
2. Compare how fast work is moving with the months that remain before the registered completion date
3. Compare units booked with total units, noting any change since the earlier filing
4. Count pending approvals now and compare with a year ago
5. Look at the day of filing relative to the deadline for that quarter

Save the page as a PDF, or take a screenshot, every quarter. The portal displays only today's position, so the buyer's dated copies become the history. They also make useful evidence should a delay end in a complaint.

Where Filings Fall Short

Promoters declare the updates, and professionals hired by the promoter certify them. K-RERA may demand information, carry out inspections and punish false statements, yet it does not examine every line each quarter. Use the filings together with a site inspection, the bank's technical evaluation and the sale agreement.

Failure or falsehood brings consequences. Section 61 caps the penalty at 5% of the project's estimated cost where a promoter breaches its duties, and section 7 empowers the regulator to cancel registration after default or unfair practice. We can pass on the registration details and latest filing position of projects we market; write to us via the contact page.