Digital certificates from architect, engineer, CA a must: New UP RERA rules explained

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has announced new rules requiring architects, engineers and chartered accountants to provide digitally signed certificates for project progress. Starting from the July-September quarter, promoters must submit these certified certificates directly through the UP RERA portal before filing their quarterly progress reports. The certificates must be submitted by the professionals using their digital signatures.

Previously, developers updated the physical and financial progress of their projects quarterly and uploaded scanned copies of the certificates, along with photos and videos. Under the new system, the professionals will submit the digitally certified data themselves, and the project's quarterly progress will be prepared using this information.

The main impact of this change is that developers will need to obtain digital certification from architects, engineers and chartered accountants before they can file their quarterly reports. Homebuyers will benefit from this change as they will have access to accurate, updated information about projects through the new RERA 2.0 web portal, which is nearing completion.

To assist with the transition, UP RERA is setting up help desks at its headquarters in Lucknow and regional office in Greater Noida to guide developers and professionals on digital certificate submission and project data updates. A detailed standard operating procedure (SOP) for the new process will also be issued. UP RERA Chairman Sanjay R Bhoosreddy emphasized that this move aims to enhance transparency, accuracy and timeliness of project-related information for stakeholders.