Builders Skip Mandatory RERA Updates

Haydarabad: A significant number of builders in Haydarabad cannot upload compulsory three -month progress reports (QPRS) to the TaLangana Real Estate Regulatory Authority (RERA) portal and violate Homebuyers project status and legal obligations. In accordance with the Rera Law, all registered builders must load a QPR within 15 days from the end of each quarter. The report should include photos of the construction site, the details completed in the period, and key project updates. These applications are designed to ensure transparency and to help buyers monitor the progress of their investments.

Dr. Nandi Rameswara Rao, an oxygen CEO of real estate expert and real estate agent, said it is more common than most of the problem. “Approximately 30 to 40 percent of the builders do not install the necessary QPRs. This is a serious issue. Many buyers have paid Rupi Lakh and are still waiting for their homes, but they have no idea about which stage of the project.” “The bigger problem is the recreational awareness. Most buyers don’t even know that these reports are compulsory. Since no one demands them, many builders jump up with unpunished updates,” he added.

Law experts expressed their concerns. “The inability to load QPRS is a violation of the 11th part of the Rera Law and the 16th part of the rules of the Terangana Rera,” he said. “These reports are not only formalities – critical measures created to protect their landlords after years of irregularities in the real estate sector. However, most of the buyer do not know their rights, they rarely do legal action.” Experts, the lack of execution and awareness of the public opinion, builders’ real estate regulation of one of the most important measures to skip one of the most important measures, he says.