RERA Update — Q2 2026
What the new disclosure norms mean for developers, brokers and home buyers — in plain English.
Property Documentation: The Checklist We Use
A working checklist for vetting allotments, banakhats and possession receipts before signing.
A working checklist for vetting allotments, banakhats and possession receipts before signing.
The short version
The Real Estate (Regulation and Development) Act and its state-level rules continue to evolve. The Q2 2026 cycle introduces clarifications around escrow handling, disclosure formats, and consumer-complaint timelines. None of these are seismic on their own — together they tighten the operating discipline that brokers, developers and buyer-side advocates must run on every project.
What's actually new
Three changes are worth committing to memory:
- Escrow handling. The proportion of project receipts that must rest in escrow until specific construction milestones has been clarified. Earlier ambiguity around what counted toward the 70% threshold has been narrowed.
- Disclosure format. Promoter disclosures now must follow a uniform schema, including financial covenants, encumbrances, and pending litigation. The schema is published as an annexure and is searchable.
- Consumer-complaint timelines. First hearing must occur within 60 days. Decisions within 180 days unless extended on record. This forces a standard of operational responsiveness.
What it changes day-to-day
- Developers need to update their disclosure pack and re-train the project finance team on the escrow trigger.
- Brokers should expect to be asked for the latest disclosure annexure — keep a current copy ready.
- Home buyers get a faster, more predictable dispute pathway. The 60-day first-hearing rule is the biggest practical improvement.
RERA's promise was never one document or one rule. It was a steady tightening of the standard of practice. The 2026 updates are exactly that — quiet, but they raise the floor.
What to read next
The full notification is available on the relevant state authority's website. RESMA's RERA Practitioner Course covers each of the above in depth, including drafting and dispute strategy. The next batch starts in August.
Related reads
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Talk to the RESMA practitioner network.
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