Notification/Circular No.: RERA/ACCOUNTS/DCF/02/2024-ACC dated July 02, 2026
Applicable Act/Rule: Real Estate (Regulation and Development) Act, 2016; Karnataka Real Estate (Regulation and Development) Rules, 2017
Applicable Section/Rule: Section 11(1) r/w Rule 15(1)(D); Section 38(1)
Effective Date: July 02, 2026
Promoters are required under Section 11(1) of the Act r/w Rule 15(1)(D) of the Rules to submit Quarterly Updates through the K-RERA web portal. Prior circulars dated 20/01/2026, 07/02/2026, a corrigendum dated 20/02/2026, and a circular dated 19/06/2026 are referenced.
Quarterly Updates are due within fifteen days of quarter-end: 15th July (Q1), 15th October (Q2), 15th January (Q3), 15th April (Q4). Under Section 38(1), penalty of Rs. 25,000 is levied for every Quarterly Update delayed or not submitted for FY 2026-27, totaling Rs. 1,00,000/- per year for four quarters. Penalty is payable through K-RERA e-Payment via the promoter’s Project Login. The Authority will initiate recovery action from 16th July, 2026. Signed by Secretary, K-RERA.
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