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UP RERA registration: who needs it and how

In Uttar Pradesh, promoters must register real estate projects with UP RERA before advertising or selling units, generally where land exceeds 500 square metres or more than eight units are planned. Real estate agents must also register. After registration, promoters keep 70% of buyer receipts in a separate account, file quarterly updates and an annual audited statement.

By Saurabh AgrawalReviewed by SkyGTax in-house CA teamUpdated {{ updated }}3 min read

Who must register

  • Promoters of residential or commercial projects above 500 sq m of land or more than eight units
  • Ongoing projects that had not received a completion certificate when RERA came into force
  • Real estate agents and brokers who facilitate sales in registered projects

Documents for project registration

  • Promoter KYC, PAN and entity documents
  • Title documents for the land and any collaboration agreement
  • Sanctioned layout and building plans
  • Project timeline, unit-wise details and carpet areas
  • Audited financial statements and ITRs of the promoter
  • Details of the designated project bank account

Documents for agent registration

  • PAN, Aadhaar and photo of the individual, or entity documents for firms
  • Office address proof
  • Income tax returns for recent years

The 70% project account rule

Promoters must deposit 70% of the amounts received from buyers into a separate project account. Withdrawals are allowed only in proportion to construction progress, supported by certificates from an engineer, an architect and a Chartered Accountant.

Ongoing compliance

DutyUsual timing
Quarterly progress update on the RERA portalAfter each quarter, within the period set by UP RERA
Annual audited statement of the project accountWithin six months of the financial year end
RERA number in every advertisementAlways
Agent registration renewalBefore expiry

Common problems

  • Advertising or taking bookings before registration
  • Withdrawing from the project account without certificates
  • Missing quarterly updates, which attract penalties
  • Unclear land title or pending approvals delaying registration

Buyers in Greater Noida West can check a project’s registration, timelines and quarterly updates on the UP RERA website before booking.

Frequently asked questions

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Sources

Information is for general guidance and not a substitute for professional advice. Rules, rates and due dates change; confirm with us before acting.

More guides

ROC annual compliance checklist for companies/LLPs→PF & ESI: applicability and monthly compliance→Income Tax Return filing guide for salaried individuals→
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