A buyer tracking an under construction tower in Whitefield noticed something odd across three consecutive filings on the regulator's website. The declared completion percentage moved from 42 to 44 to 45, while the promised handover date stayed exactly where it had always been. Nothing in the sales office had changed either. The gap between those two facts, visible only because the updates were public and dated, told him more about the project's real trajectory than any site visit. Learning to read those filings is one of the most underused skills a buyer has.

The short answer. Under Section 11 of the Real Estate (Regulation and Development) Act, 2016, a promoter must update all project information furnished at the time of application on the authority's website, and certain information must be updated on a quarterly basis so buyers can make an informed choice. Sections 4 and 11 together provide for a detailed list of disclosures published for public viewing. The trade off: the data is genuinely useful, but it is self declared by the promoter, so its value comes from reading it over time rather than trusting any single snapshot.

What is a promoter required to publish?

The project information filed at registration, kept current. As the Ministry of Housing and Urban Affairs sets out in its official FAQs on the Real Estate Act, under Section 11 the promoter is required to update all project information as furnished at the time of application, as provided under Section 4, on the website of the authority.

The Ministry FAQs also record that Sections 4 and 11 provide for a detailed list of disclosures on the website of the authority by the promoter for public viewing, with the specific list to be set out in the rules. In other words, the registration filing is not a one time formality that disappears into a drawer. It is a living record the promoter is obliged to maintain in public.

How often must the information be refreshed?

Quarterly, for the information that changes. The Ministry FAQs state that Section 11 provides for certain information which needs to be updated by the promoter on a quarterly basis, in order to make an informed choice by the buyer. That phrase about informed choice is the point of the whole exercise: the updates exist for your benefit, not as an administrative ritual.

Four filings a year is enough to reveal a trend and not so many that reading them is a burden. A buyer who checks before booking and then once a quarter afterwards will see a project's trajectory long before it becomes obvious at the site. The Ministry FAQs also note that the promoter is required to carry out all the responsibilities envisaged under Section 11 at various stages of development of the project and upon its completion.

The regularity of filing is itself a signal, quite apart from the contents. A promoter running a healthy project has little reason to miss a quarterly update, because the information is routine and reflects work actually done. Gaps in the filing history therefore deserve attention even where the numbers in the filings that do exist look reasonable. A project that goes quiet on the public record has usually gone quiet for a reason, and the absence of a filing is often easier to spot than a subtle change buried inside one.

What should you actually compare between filings?

Movement, not absolute numbers. A single filing showing 45 percent completion means very little on its own. The same figure barely moving across three quarters, while the promised handover date stays fixed, means a great deal. The table below sets out the comparisons worth making.

The last row is the cross check that costs nothing. If you can visit the site, compare what you see against what has been declared. Consistent optimism in the filings relative to physical progress is a pattern worth taking seriously, particularly on a project you have not yet committed to.

Be careful about how you interpret a single revision to the completion date, though. Construction genuinely encounters approvals, weather, labour and supply problems, and an honest promoter who revises a date once and explains why is behaving more transparently than one who leaves an impossible date untouched until the final month. What should concern a buyer is the pattern rather than the individual event: repeated revisions, each pushing the date just far enough to avoid an admission that the original schedule was never achievable.

How do these disclosures connect to the money?

Closely, because withdrawals are tied to progress. Money in the project's separate account may only be withdrawn in proportion to the percentage of completion, certified by an engineer, an architect and a chartered accountant. That makes the declared completion percentage more than a marketing statistic, since the same measure governs how much of your money the promoter can access.

Reading the quarterly updates alongside an understanding of that funding structure gives you a much sharper picture of a project's health. Our guide to the RERA 70 percent separate bank account rule explains how the account works, and the disclosures are where you see the progress side of that equation quarter by quarter.

What are the limits of self declared data?

It is filed by the promoter, and that should shape how you weigh it. The Act attaches consequences to getting disclosures wrong, including penalties for defaults in respect of matters covered under Section 4 and for contravening other provisions, but the filings themselves are not independently audited progress reports. They are the promoter's own statement of position.

There is a useful discipline in that. Because the promoter is stating a position publicly and repeatedly, the filings create a record they must live with, and inconsistency between one quarter and the next is visible to anyone who looks. A promoter who declares steady progress on the public record while telling buyers privately that work has paused has created a contradiction that is documented and dated. That is precisely the kind of material that matters if a dispute later reaches the regulator, which is why saving copies is worth the small effort involved.

That does not make them unreliable so much as one input among several. Read them against the site, against what the sales team tells you, and against the marketing material, and treat divergence between those sources as the signal. Our guide to what happens when a builder advertisement turns out to be false covers what to do when the gap between claim and record becomes material.

How should a buyer use this before booking?

Build a short history before you commit money. If a project has been registered for a year or more, several quarters of filings already exist, and reading them takes an evening. That history is available to you free, before you pay anything, and it is the closest thing a buyer has to a track record for a specific project rather than for a developer in general.

This is also the rare piece of diligence that requires no cooperation from anyone. You do not need a sales team to grant access, a lawyer to interpret it, or a site visit to be arranged for you. The record is public precisely so that a buyer can consult it independently, and a buyer who does so arrives at the sales office already knowing what the project has been telling the regulator. Do the same for the developer's other registered projects where you can. A promoter whose filings are consistently timely and whose dates hold across several developments is demonstrating something you cannot learn from a brochure. When you then look at a specific project page, such as our coverage of Purva Codename Hennur, you are reading it with a much better sense of what to test.

A quarterly disclosure checklist

Work through these seven steps before and after you book.

1. Find the project on the authority's website using its registration number.
2. Read every quarterly filing available, oldest to newest.
3. Note the declared completion percentage in each filing and chart the movement.
4. Record the proposed completion date each quarter and flag any revisions.
5. Check whether filings have been made regularly or whether quarters are missing.
6. Compare the declared progress against what you observe at the site.
7. Repeat the check each quarter after booking, and keep dated copies.

Keeping your own copies matters because the portal shows the current position rather than a full archive of what was said before. A dated record of what was declared at the time you decided to buy is evidence you simply cannot recreate afterwards, and it costs nothing more than a saved file each quarter.

Frequently asked questions

How often must a builder update project information? The Ministry of Housing and Urban Affairs FAQs state that Section 11 provides for certain information which needs to be updated by the promoter on a quarterly basis, in order to make an informed choice by the buyer, in addition to updating the information furnished at the time of application.

What information is published on the regulator's website? The Ministry FAQs record that Sections 4 and 11 provide for a detailed list of disclosures on the website of the authority by the promoter for public viewing, with the detailed list required to be specified in the rules. The registration filing is maintained as a public, living record.

Is the declared completion percentage reliable? It is self declared by the promoter rather than an audited report, so read it over several quarters and against what you see at the site. Its significance is heightened by the fact that withdrawals from the project account are tied to the percentage of completion, certified by professionals.

What should worry me in the filings? A completion percentage that barely moves across quarters, a proposed completion date revised repeatedly, missing quarterly filings, or declared progress that clearly outpaces the visible state of the site. Any of these is worth raising in writing before you pay further instalments.

Last updated 2026-07-25. PropNewz Team.