This order, issued by the West Bengal Real Estate Regulatory Authority (WBRERA), addresses the extension of the deadline for submitting quarterly updates for real estate projects registered with WBRERA (or erstwhile WBHIRA).

Key Highlights:

1. Purpose of the Order:
   • The order extends the deadline for submitting quarterly updates of registered real estate projects due to technical issues that caused the WBRERA website to be inaccessible for a few days. Several promoters had requested an extension of the deadline.
2. Extension of Deadlines:
   • The last date for submitting quarterly updates for the following periods has been extended:
     • Quarter ending 30.09.2024: Extended till 28.02.2025.
     • Quarter from 01.10.2024 to 31.12.2024: Extended till 28.02.2025.
3. Submission of Pending Quarterly Updates:
   • Promoters are directed to submit all pending quarterly updates from earlier periods. Merely submitting the current/latest quarterly update will not suffice.
   • Failure to comply with this directive will result in penalties starting from March 2025.

This extension aims to provide promoters with sufficient time to comply with the regulatory requirements while ensuring transparency and accountability in the real estate sector.

Action Required by Promoters:

• Submit quarterly updates for the periods ending 30.09.2024 and 31.12.2024 by 28.02.2025.
• Ensure that all pending updates from earlier periods are also submitted.
• Non-compliance will result in penalties starting from March 2025.