TNRERA’s Instructions for releasing Quarterly Progress Report on its Website

Oct 05, 2018 | by Avantis RegTech Legal Research Team

The Tamil Nadu Real Estate Regulatory Authority (TNRERA), has issued a Circular requesting the Promoters to send the Project Report of the project registered with TNRERA for each quarter starting from the date of registration of the Project, under Rule 17 of the Tamil Nadu Real Estate (Regulation and Development) Rules 2017, in PDF format in a CD, by post or in person.

I. The Project progress report shall be furnished with the following:

1)      Number and types of apartments/plots booked;

2)      Number of parking lots booked;

3)      Stage of construction of each floor with supporting photographs;

4)      Stage of construction of common Amenities with photographs;

5)      Sanction letter from the Banks/Finance Companies for the loan, if any;

II. The advertisement of Prospectus issued or published shall mention prominently the website address of the Authority. The registration number obtained from the Authority shall be mentioned prominently in the advertisement/prospectus/brochure

[Letter No.TNRERA/400/2018]




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