Karnataka RERA Imposes Quarterly Penalties on Promoters for Delayed Project Reports
Karnataka Real Estate Regulatory Authority (K-RERA) has introduced a strict penalty regime starting FY 2025-26 to ensure timely submission of quarterly progress reports (QPRs) by real estate promoters. Promoters must upload these reports on the K-RERA portal within 15 days after each quarter ends, or face a ₹25,000 fine per delayed quarter. Penalty Details The […]