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RERA CA Certificate: Scope, Deliverables and Who It Suits
📌 TL;DR — CA Certificate for RERA at a Glance
A CA certificate for RERA reports a promoter's net worth to the state authority, which weighs it against what the project is estimated to cost. The figure is traced to audited accounts and certified for the promoter entity named in the application. Formats differ between state authorities, so the certificate is drawn to the one your state publishes.
A promoter reaches this requirement with the project already costed and the registration window open. The authority is not asking whether the promoter is wealthy. It is asking whether what stands behind the project is proportionate to what the project will cost to finish. That is a comparison, not a threshold, and it is why two promoters of the same size can get different answers.
The comparison decides the work. Estimated project cost is fixed first, and the certified position is read against it, so the useful question is which entity the authority will actually look at. A holding company's strength does not transfer automatically to the project SPV named in the application. State authorities publish their own formats and their own view of what counts. The supporting papers are listed separately, alongside the Act on India Code.
What Is a CA Certificate for RERA Registration?
A CA certificate for RERA registration attests the net worth of the promoter entity applying to register a project. It is issued in the form the relevant state authority prescribes.
It is one of several certificates RERA requires, and it is easily confused with the others. It is not the periodic certificate issued on withdrawals from the designated project account. It is not an estimate of project cost, which the promoter supplies separately. It attests the promoter's position as at the audited date, and asserts nothing about whether the project will be completed.
What a CA Certificate for RERA Looks Like: A Masked Specimen
Every figure in the sample below is masked. What it shows is the shape of the document you receive: what it states, on whose authority, and as at which date.
CA certificate for a RERA application
The sample attests the promoter entity named in the application, which is the entity the authority assesses even where a larger group stands behind it. It is drawn in the wording the state authority prescribes and traced to audited figures, with the balance sheet date on its face. It attests a position and asserts nothing about whether the project will be completed.
All names, addresses, registration numbers and amounts are replaced with X characters. The sample carries a Patron Accounting watermark and a Specimen badge on every page so that a cropped screenshot still shows what it is.
Sample document
Sample only
XXXXXX XXXXX & XXXXXXXXXXChartered AccountantsXXX, XXXXXXX XXXXXXXX, XX XXXX, XXXX XXXXXX+XX XX XXXX XXXX · XXXXXX@XXXXXXX.XXFirm Registration No.: XXXXXXX
Ref: XXX/XXXX-XX/XXXXDate: XX/XX/XXXX
Certificate of Net Worth of the Promoter
To, The Real Estate Regulatory Authority XXXXX XX XXXXXXXXXXX
This is to certify that we have examined the audited financial statements, books of
account and records produced before us of XXXXXXXX XXXXXXX XXXXXXX XXXXXXX, the promoter, having its
principal place of business at XXXX XXX, XXXXXXXX XX XXXX, XXXXXXX XXXXX, XXXX XXXXXX, holding Permanent Account
Number XXXXXXXXXX, in connection with the proposed registration of the real estate project
XXXXXXX XXXXXXX XXXXXX XXXXX situated at XXXXXXX XXXXXX, XXXX XXXXXX, as at XX XXXXX XXXX.
Computation of Promoter Net Worth
Promoter net worth computation - all values masked
Sr.
Particulars
Amount (INR)
A
Assets
1
Paid-up share capital / partners' capital
X,XX,XX,XXX
2
Free reserves and surplus
X,XX,XX,XXX
3
Land and development rights held
X,XX,XX,XXX
4
Work-in-progress on ongoing projects
X,XX,XX,XXX
5
Bank balances and readily realisable investments
XX,XX,XXX
Total Assets (A)
X,XX,XX,XXX
B
Deductions
6
Secured and unsecured borrowings
X,XX,XX,XXX
7
Current liabilities and provisions
XX,XX,XXX
8
Revaluation reserve, excluded
(XX,XX,XXX)
9
Miscellaneous expenditure not written off
(XX,XX,XXX)
Total Deductions (B)
X,XX,XX,XXX
NET WORTH OF THE PROMOTER (A − B)
X,XX,XX,XXX
Reserves created out of revaluation of assets have been excluded from the computation
above. The net worth stated is that of the promoter entity and does not include the personal
assets of its directors, partners or designated partners.
On the basis of our examination and the information and explanations given to us, we
certify that the net worth of the promoter as at XX XXXXX XXXX is INR X,XX,XX,XXX
(Rupees XXX XXXXX XXXXX XXXX XXXX only).
This certificate is issued at the request of the promoter for the purpose of submission
to the Real Estate Regulatory Authority in connection with the registration of the said
project, and is not to be used, referred to or distributed for any other purpose or to any
other party without our prior written consent.
The preparation of the Statement is the responsibility of the promoter, including the completeness of the assets and liabilities disclosed. Our responsibility is to certify the Statement on the basis of the records produced before us.
We conducted our examination in accordance with the Guidance Note on Reports or Certificates for Special Purposes issued by the Institute of Chartered Accountants of India, which requires that we comply with the ethical requirements of the Code of Ethics. We have complied with the relevant requirements of the Standard on Quality Control (SQC) 1.
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Tap the sample to open it full size
Who Needs a CA Certificate for RERA in India
A Project Registration Is Being Assembled
The application is being prepared and the authority's checklist names a promoter net worth certificate in its own prescribed form. It is one of several certificates the filing requires.
The Project Cost Is Already Estimated
The estimated cost is fixed, and the authority reads the promoter's position against it. That comparison, rather than any absolute threshold, decides whether the position is adequate.
The Promoter Is an SPV
The applicant is a project entity and not the parent. The authority assesses the entity named in the application, so the parent's strength does not carry across on its own.
You Are Registering in a Second State
A certificate drawn for one authority may not meet another's form or its view of what counts. Each state publishes its own requirement and expects that one to be followed to the letter.
Our RERA CA Certificate Service: What You Receive
Service
What's included
Frequency
Certificate in the authority's prescribed form
The certificate issued in the state RERA authority's own format, since one drawn to another state's form comes back unread; the wider certificate directory sets out the alternatives.
Per engagement
Promoter entity computation
The figure drawn from the applying entity's own audited accounts, not its parent's, however strong the group standing behind it may be.
Annually, with the audited accounts
Project cost comparison statement
The certified position presented beside the estimated project cost, which is the comparison the authority is actually making.
Per engagement
Other-project commitment schedule
Every other project under way, with what has already been promised to each, since a sufficient position may be spoken for.
Per engagement
Related party exposure schedule
Investments in and loans to related entities set out, so the authority can see where money has moved before accepting the total.
Per engagement
Query response pack
The working papers behind every figure assembled together, so a question from the authority is answered from the file rather than re-derived.
Per engagement
Annual renewal certificate
A fresh certificate for each year's compliance, drawn from that year's audited accounts as the authority requires.
Annually
Our Process
How We Issue a CA Certificate for RERA, Step by Step
Six steps from the scope conversation to a signed certificate carrying a UDIN.
Step 1
Authority and form identified
We establish which state authority the application goes to and which form it prescribes, because both the format and the view of what counts differ between them. A certificate drawn to another state's form is returned regardless of how sound the figures are.
Step 2
Promoter entity fixed
We confirm which entity the application names, since the authority assesses that entity and not its parent. Where a project SPV is the applicant, the certificate is drawn on the SPV's own accounts however strong the group behind it may be.
Step 3
Audited figures traced
Every element of the computation is traced back to audited accounts and the balance sheet date is stated. Nothing is drawn from management figures, however recent those may be and however much closer they sit to the filing date.
Step 4
Position read against project cost
The estimated project cost is taken as given and the certified position presented beside it, so the authority can weigh one against the other. That comparison, not any absolute threshold, is what the certificate exists to support.
Step 5
Management representation obtained
The promoter confirms the completeness of what has been presented and signs a management representation. Where the promoter holds interests in other projects, those are disclosed rather than left for the authority to discover.
Step 6
Issued in the prescribed form
The certificate is issued in the authority's own format, signed by a practising chartered accountant and carrying a UDIN. It attaches to the registration application exactly as the state rules require, with nothing left for the authority to come back and ask for.
Documents Required for a CA Certificate for RERA
Everything below is source material rather than a summary, because each figure in the statement is traced back to the record that governs it. The first list is needed on every engagement; the second applies where you hold those assets.
The state authority's own prescribed certificate format
Details of other ongoing projects and the commitments already made to them
Schedule of the promoter's investments in and loans to related entities
Where they apply:
Statements for the project bank account, where one has already been opened
Common RERA CA Certificate Problems and How We Solve Them
Challenge
Why it happens
How it is handled
A form drawn for another state's authority
The Act is central but each state authority prescribes its own format, and a template found online belongs to whichever state published it.
The certificate is issued in the format the state authority actually prescribes; the wider certificate directory sets out the other certificate types.
The parent company's accounts used
Group strength is the real commercial position, and the applying entity often looks thin beside it.
Only the accounts of the entity actually applying are used, since that is who the authority holds answerable to home buyers.
The position given without the project cost beside it
The certificate answers what the promoter is worth, while the authority is weighing that against what the project will cost to build.
The cost estimate is accepted as supplied and shown beside the certified position, putting the comparison the authority makes on the page itself.
Commitments to other projects not shown
Each project is registered separately, so a promoter naturally thinks about them one at a time.
Ongoing projects and what has already been promised to each are scheduled, since a position sufficient in isolation may be spoken for.
Provisional accounts offered near a deadline
Registration is time-critical and the audit for the year may not be signed yet.
Audited accounts are used and their date stated; where only provisional figures exist, the certificate says so rather than implying otherwise.
RERA CA Certificate Fees
Plan
Fee
Standard — One promoter entity with audited accounts signed, the state authority's format known and a single project.
Starting from INR 7999 (Exl GST and Govt. Charges)
Extended — Related-party exposure to schedule, several ongoing projects to reflect, or an authority query to answer from the working file.
On quote
Multiple certificates — Certificates for more than one promoter entity, where a project is registered by a joint venture.
On quote
The fee covers one certificate speaking to one date. A later date is a fresh engagement on updated records, not a re-dating of the first.
Goods and services tax and any government charge are additional, as the footnote on the table states.
Where records have to be reconstructed before certification can begin, that work is quoted separately and agreed before it starts.
City pages carry the same fee as the national service. Certification does not cost more in one city than in another.
An On quote row means the scope decides the fee. It is not a higher tier waiting to be sold; some engagements simply cannot be priced before the records are seen.
All fees listed are indicative only and do not constitute a binding offer. The final amount depends on the scope of records to be examined.
Net worth certificate supporting the registration application
A promoter applying to register a project
At application, and again where the state authority requires it annually
Quarterly update of project details on the authority's web portal
Every promoter of a registered project
Quarterly, within the period the state's own rules prescribe after each quarter ends
Audit of the project accounts by a practising chartered accountant
Every promoter of a registered project
Within six months of the end of each financial year, so by 30 September
Certificate that amounts collected were applied to that project, and that withdrawals matched the stage of completion
Every promoter of a registered project
With the annual project audit
Form 5, the annual chartered accountant's certificate, uploaded to the portal
Promoters registered with MahaRERA
30 September each year, for the financial year just ended
Application to extend the registration of the project
A promoter unable to complete within the registered period
Before the registration expires; up to one year in aggregate
Rows marked as state requirements apply only in that state. The quarterly update is required everywhere, but the window for filing it after quarter end is set by each state's own rules.
The 30 September date follows from the six-month period in the Act, so it moves only if the financial year does.
Why It Matters
Why a CA Certificate for RERA Matters
An Incomplete Application Delays the Launch
A registration application without the certificate the authority prescribes is not assessed on its merits. A deficiency notice follows, the cure period runs, and a launch planned around the registration date moves with it.
The Wrong Entity Certified Is Not Cured
Certifying a parent company where the authority asked for the project entity does not answer the question. The application is deficient until the entity named in it is the entity certified.
A Format From Another State Is Rejected
State authorities prescribe their own forms and their own view of what counts. A certificate drawn for one regulator, submitted to another, is returned regardless of how sound the underlying figures are.
Why Clients Choose Patron for RERA CA Certificates
Five things you can check before you commission the certificate. Each is a claim with the proof behind it.
Applying entity, not the group
The figure comes from the accounts of the entity the authority will hold answerable to home buyers, however much stronger the group standing behind it may look on paper.
Drawn under the RERA Act 2016
Each state authority prescribes its own format under the Real Estate (Regulation and Development) Act 2016, and the certificate is issued in the one that actually applies.
Papers kept, UDIN attached
Working papers behind every figure are kept together and the UDIN is checkable on the ICAI portal, so an authority query is met from evidence rather than from memory.
Position shown against project cost
The certified position sits next to what the project is expected to cost, since that pairing is what the authority weighs.
Promoter compliance, not only certificates
A CA and CS team with 25,000+ filings completed, including promoter registration and annual returns, so project-account rules are routine rather than researched.
Figures reflect Patron Accounting LLP engagements since 2019. Scope is confirmed in your engagement letter.
Check Promoter Net Worth Against Your Project Cost
Enter the promoter entity's audited position and the estimated project cost. The calculator sets the two side by side, which is how a state authority reads a promoter net worth certificate when it decides whether the project is adequately backed.
Free tool: Promoter Net Worth Against Project Cost
Amounts entered in
Estimated project cost
Promoter entity assets (from the audited accounts)
The two figures are set side by side and nothing more is inferred from them. Whether a project is adequately backed is decided by the state authority under its own rules, not by this arithmetic. An estimate carrying no UDIN.
The Legal and Professional Framework Behind RERA CA Certificates
Here the requirement is statutory and specific. A promoter applying to register a real estate project must satisfy the authority about its own financial position, and the certificate exists to answer that. The Act is central but the format is not: each state authority prescribes its own.
What follows from that is the constraint most applications fail on. The entity assessed is the one that applies, its position is read against the project cost, and the money collected from buyers is governed separately.
Section 4, Real Estate (Regulation and Development) Act 2016requires the promoter to make an application containing prescribed particulars, which is where the net worth requirement sits and why the applying entity's own audited accounts are the only permissible source.
Section 4(2)(l)(D), Real Estate (Regulation and Development) Act 2016requires seventy per cent of the amounts realised from allottees to be kept in a separate account for the project, so the balance in it forms part of what is being certified.
Section 129, Companies Act 2013governs the audited financial statements the promoter's position is drawn from, and the date those accounts carry is stated on the certificate.
Sections 137 and 92, Companies Act 2013put the promoter's accounts and annual return on the public record, which is where the authority corroborates what the certificate asserts.
Section 17, Registration Act 1908makes the registered instrument the evidence of title for the project land, usually the promoter's largest asset and the one the authority scrutinises most closely.
ICAI Guidance Note on Reports or Certificates for Special Purposes (Revised 2016)governs the certificate itself, and requires any limitation to be stated where the authority's own format does not accommodate one.
Which RERA form carries the chartered accountant's certificate?
It varies by state, because each authority notifies its own rules under the Real Estate (Regulation and Development) Act 2016. Maharashtra uses Form 3 for the chartered accountant's certificate on withdrawals from the designated account, while other states prescribe their own annexures at registration. The promoter checks the state authority's current format before filing.
Is the promoter's personal net worth certified or the company's?
The entity that is registering as promoter. Where a private limited company or an LLP is the promoter, its own position is certified. Where an individual or a proprietary concern promotes the project, the individual's is. Some authorities additionally ask for the directors' or partners' personal statements alongside the entity certificate.
Does the same chartered accountant have to certify the escrow withdrawals?
No, the engagements are separate and can be handled by different members. The registration-stage certificate reports financial standing; the withdrawal certificate confirms that money drawn from the designated account is proportionate to construction and land cost incurred. Continuity is convenient, because the second engagement builds on project records the first CA already examined.
How often is the withdrawal certificate issued during construction?
Each time the promoter draws from the designated account. Section 4(2)(l)(D) of the 2016 Act requires seventy per cent of realisations from allottees to be kept in a separate account. Withdrawals are permitted only in proportion to completion, certified by an engineer, an architect and a practising chartered accountant. There is no fixed calendar.
Does a joint development partner also need a certificate?
Where the landowner is treated as a co-promoter, yes. A joint development or area-sharing arrangement can make the landowner a promoter within the Act's definition, and authorities then expect their financial standing on record too. The development agreement is the document that settles which party carries promoter obligations.
Is a certificate needed for a project below the registration threshold?
Not for registration, because section 3(2) exempts projects where the land does not exceed five hundred square metres or the number of apartments does not exceed eight. Lenders funding such a project may still ask for one. The section reads "or", though some authorities apply both limbs together. State rules may also notify lower limits.
Does a real estate agent registration require a net worth certificate?
Agents register separately under section 9 and the requirement depends on the state's rules. That mostly ask for identity, address, PAN and past registration details rather than certified net worth. Some authorities do seek a financial statement. This is why the agent registration checklist is read on the state portal, not assumed from the central Act.
Must the certificate be uploaded to the state RERA portal?
Yes. Registration is an online filing, so the signed certificate is scanned and uploaded with the application. Withdrawal certificates are uploaded against quarterly project updates where the state requires them. The original is retained by the promoter, because the authority can call for it during scrutiny.
Is a fresh certificate needed when a project registration is extended?
Usually yes. Section 6 allows extension of registration on force majeure grounds, ordinarily for up to one year. The authority reassesses the promoter's capacity to complete before granting it. A current certificate is part of that reassessment, since the original was based on a position several years old by then.
What happens to the certificate if the project is transferred to another promoter?
The incoming promoter files its own. Section 15 permits transfer of a majority of rights and liabilities in a project only on two conditions. Two-thirds of allottees must consent in writing, and the authority must approve in advance. The new promoter's financial standing is examined at that point. The outgoing promoter's certificate does not carry over.
RERA CA Certificate Deadlines That Cannot Slip
Two dates here are genuinely statutory rather than commercial. Project accounts must be audited within six months of the financial year end, and an extension of registration has to be applied for before the current one expires. Neither moves for a promoter's convenience. Call or WhatsApp +91 94594 56700 well ahead of either.
Start Your RERA CA Certificate with Patron Accounting
Registration turns on the applying entity's own audited position, read beside the estimated cost of the project itself. Neither the strength of the group behind it nor a template written for another state will carry the application. Confirm which authority you are filing with and which format it prescribes, then send the promoter's audited accounts and the cost estimate. We will draw the certificate to that authority's own form.
