Executive Summary
Quarterly Progress Reports (QPR) are mandatory disclosures that promoters must file with RERA authorities, providing transparency on project status to regulators and allottees. Key requirements:
- Filing frequency: Every quarter (January-March, April-June, July-September, October-December)
- Filing deadline: Typically within 15 days of quarter end
- Content scope: Construction progress, sales data, financial status, compliance updates
- Non-compliance penalty: Up to ₹50,000 per quarter of default
- Public access: QPR data visible on RERA portal to all stakeholders
This guide examines QPR requirements, content specifications, and compliance procedures.
1. Statutory Framework: Section 11
Disclosure Obligation
Section 11(1) of RERA requires promoters to make full and true disclosure of:
- Project specifications and amenities
- Stage-wise completion schedule
- Actual progress of construction
- Any modifications to approved plans
Rule-Based QPR Requirements
State RERA rules mandate quarterly reporting with specific formats and timelines.
2. QPR Content Requirements
Standard QPR Components
| Section |
Information Required |
| Project Identification |
Registration number, name, location |
| Construction Progress |
Percentage completion, stage achieved |
| Sales Status |
Units sold, booked, available |
| Financial Data |
Collections, escrow balance, utilization |
| Timeline Updates |
Revised completion dates if any |
| Compliance Status |
Approval renewals, pending approvals |
Construction Progress Details
| Element |
Disclosure |
| Foundation |
Percentage complete |
| Structure |
Floor-wise progress |
| Finishing |
Plastering, flooring, fixtures |
| MEP Works |
Electrical, plumbing, fire-fighting |
| External Development |
Roads, landscaping, amenities |
3. Filing Timeline and Procedure
Quarterly Calendar
| Quarter |
Period |
Filing Deadline |
| Q1 |
January - March |
April 15 |
| Q2 |
April - June |
July 15 |
| Q3 |
July - September |
October 15 |
| Q4 |
October - December |
January 15 |
Note: Deadlines vary by state—verify state-specific rules
Filing Procedure
| Step |
Action |
| 1 |
Login to state RERA portal |
| 2 |
Navigate to QPR section |
| 3 |
Fill prescribed form |
| 4 |
Upload supporting documents |
| 5 |
Submit with digital signature |
| 6 |
Download acknowledgment |
4. Construction Progress Reporting
Progress Measurement Standards
| Method |
Application |
| Physical Progress |
Actual construction vs. planned |
| Financial Progress |
Expenditure vs. budget |
| Milestone-Based |
Stages completed vs. schedule |
| Construction Stage |
Progress Indicators |
| Excavation |
100% complete / In progress / Not started |
| Foundation |
RCC work, waterproofing |
| Basement |
Structural, MEP rough-in |
| Superstructure |
Floor-by-floor completion |
| External Works |
Boundary, roads, utilities |
| Amenities |
Club house, gym, pool, etc. |
5. Sales and Booking Disclosure
Inventory Status
| Category |
Information |
| Total Units |
As per sanctioned plan |
| Sold Units |
Agreement executed |
| Booked Units |
Booking amount received |
| Available Units |
Open for sale |
| Cancelled Units |
Agreements terminated |
Sales Data Requirements
| Data Point |
Details |
| Unit-wise status |
Sold/Booked/Available |
| Carpet area sold |
Total sq.ft. transacted |
| Average selling price |
Per sq.ft. rate |
| Payment received |
Against each unit type |
6. Financial Disclosures in QPR
Escrow Account Status
| Item |
Disclosure |
| Opening balance |
Beginning of quarter |
| Deposits during quarter |
70% of collections |
| Withdrawals during quarter |
With utilization details |
| Closing balance |
End of quarter |
Collection and Utilization
| Category |
Amount |
| Total collections during quarter |
₹ XX crores |
| Escrow deposits (70%) |
₹ XX crores |
| Construction expenditure |
₹ XX crores |
| Land cost payments |
₹ XX crores |
| Balance available |
₹ XX crores |
7. Approval and Compliance Updates
Statutory Approvals Status
| Approval |
Valid Until |
Renewal Status |
| Building Permission |
Date |
Valid/Expired/Renewal filed |
| Environmental Clearance |
Date |
Status |
| Fire NOC |
Date |
Status |
| Commencement Certificate |
Date |
Status |
Pending Approvals
| Approval |
Application Date |
Status |
| OC Application |
Date |
Under process |
| Additional FSI |
Date |
Pending |
| Plan Modification |
Date |
Approved/Pending |
8. Modifications and Deviations
Change Reporting Requirements
| Change Type |
Disclosure Requirement |
| Plan Modification |
Details of approved changes |
| Amenity Changes |
Additions/deletions from prospectus |
| Timeline Revision |
New completion date with reasons |
| Specification Changes |
Material/quality modifications |
Allottee Consent for Changes
Where allottee consent obtained for changes:
- Number of allottees consenting
- Percentage of total allottees
- Nature of consent (meeting/written/digital)
9. State-Specific QPR Variations
| State |
Special Requirements |
| Maharashtra |
Photo documentation mandatory |
| Karnataka |
CAD drawings for progress |
| UP |
Video upload of construction |
| Delhi |
Drone photography quarterly |
| Gujarat |
Bank certificate with QPR |
Deadline Variations
| State |
Standard Deadline |
Grace Period |
| Maharashtra |
15 days |
7 days with penalty |
| Karnataka |
15 days |
No grace period |
| UP |
30 days |
15 days condonable |
10. Penalty for Non-Filing or Deficient Filing
Penalty Framework
| Violation |
Penalty |
| Non-filing of QPR |
₹10,000 - ₹50,000 per quarter |
| Delayed filing |
₹5,000 - ₹10,000 per quarter |
| Incomplete information |
Notice + opportunity to rectify |
| False information |
Section 59/60 penalties + registration action |
Escalation for Repeated Defaults
| Default Instance |
Consequence |
| First default |
Warning + penalty |
| Second default |
Enhanced penalty |
| Third default |
Show cause for registration suspension |
| Continued default |
Registration revocation proceedings |
| Information |
Accessibility |
| Construction progress |
Visible on portal |
| Sales status |
Partial visibility |
| Financial data |
Summary available |
| Compliance status |
Approval validity visible |
Using QPR for Due Diligence
Prospective buyers can review:
- Historical progress vs. declared timeline
- Developer's track record of QPR compliance
- Financial health indicators
- Approval status and validity
12. Compliance Checklist for Developers
Quarterly Preparation
Filing Process
Post-Filing
13. Key Takeaways for Practitioners
Quarterly is Mandatory: QPR filing is not optional—every registered project must file every quarter.
Accuracy is Critical: False information can lead to registration revocation and criminal penalties.
Deadlines are Strict: Most states impose penalties for delayed filing—file well before deadline.
Documentation Required: Maintain photographs, bank statements, and progress reports for upload.
Public Visibility: QPR data is visible to allottees and public—ensure consistency with marketing.
State Variations Exist: Check state-specific formats, deadlines, and documentation requirements.
Construction-Finance Match: Progress reported should match escrow withdrawals and certifications.
Conclusion
Quarterly Progress Reports are RERA's transparency mechanism, providing regulators and allottees with regular updates on project status. Developers must treat QPR filing as a critical compliance obligation, ensuring accurate and timely submissions. The public visibility of QPR data creates accountability, while the penalty framework ensures enforcement. Practitioners should establish robust internal processes for data compilation, verification, and timely filing to maintain compliance and build stakeholder confidence.
