Open the quarter
Work in a dedicated RERA quarter for each project.
RERA COMPLIANCE
Make quarter-end a review. Not a reconstruction.
Fourteen readiness checks connect the quarter to your project records. Review the account position, follow exceptions to their source and prepare the pack for your architect, engineer and CA.
NirmaanOneCompliance / RERA quarterMEADOW HEIGHTS · PHASE 1
Needs attentionQuarter readiness
JUL – SEP 202610/14
checks ready
Source records4 to review
Inventory & agreements3 / 3Ready
Collections & sweeps1 / 3Review
Books & account position2 / 3Review
Construction & certificates2 / 3Review
Registration & validity2 / 2Ready
Trace each check to its recordView pack
WHAT CHANGES FOR YOUR TEAM
The paper trail and the money trail, on the same page.
Sales, collections, construction information and accounts all feed the quarter. The team can see what needs attention before preparing the forms, rather than assembling a new version of the project in a spreadsheet.
Review readiness
Fourteen checks cover inventory, collections, accounts, construction and registration. Open the source record behind an exception.
Reconcile the position
Enter the bank statement balances and compare them with the recorded collection, separate and operative accounts.
Prepare the pack
Review costs and draft Form 1, 2 and 3 with five annexures in PDF and Excel. The relevant professionals verify and sign.
Record the filing
File on the regulator’s portal, then record the filing in NirmaanOne to freeze the quarter’s figures.
INSIDE THE COMPLIANCE WORKSPACE
See the open work, the money and the supporting records.
Three actual screens from the demo account show how the review stays connected to your project. Explore the checks, account position and preparation pack.
Find what needs attention
See the open checks and follow exceptions back to their source records before the review.
THE QUARTER WALKTHROUGH
From open work to a recorded filing.
STEP 1 OF 5
Start with the project’s own records.
A quarter brings sales, collections, accounts, construction and registration into one review. The initial status makes open work visible.
This walkthrough illustrates the process. Its sample statuses are not live project data.NirmaanOneCompliance / RERA quarterMEADOW HEIGHTS · PHASE 1
Needs attentionQuarter readiness
JUL – SEP 202610/14
checks ready
Source records4 to review
Inventory & agreements3 / 3Ready
Collections & sweeps1 / 3Review
Books & account position2 / 3Review
Construction & certificates2 / 3Review
Registration & validity2 / 2Ready
Trace each check to its recordView pack
THE THREE-ACCOUNT POSITION
Every allocation should have a trail.
Keep collection, separate and operative account entries connected to the underlying receipts and certificates. Review the applicable account rules with your CA and bank.
Keep the source records ready for your accounts team and professional advisers, wherever you develop in India. Review the requirements applicable to each project from the same connected record.
Explore the preparation workflowFollow the allocation. Preserve the bank trail.Illustrative 70/30 setting · eligible collection only
Buyer collection₹10,00,000GST, TDS and other adjustments excluded from this example
Bank executes the sweep
RERA separate account70% ₹7,00,000Land and construction use, subject to applicable certification
Transaction / operative account30% ₹3,00,000Use subject to the project’s applicable rules
14readiness checks
3designated accounts
5pack annexures
STANDARDS THIS WORK FOLLOWS
Built around the rules your CA and regulator apply.
Each standard below is part of the daily record. The professionals who certify and file still do so; NirmaanOne keeps their evidence ready.
Collections, the 70% separate account and sweeps tracked per project, with statements ready for the CA certificate.
GST and property TDS computed on each demand and receipt, with the calculations verified by chartered accountants.
Point-in-time or over-time revenue policy per books, with reviewable postings traced back to the source transaction.
WHO DOES WHAT
What NirmaanOne does, and what stays with you.
Software keeps the record and the evidence. Certification, tax judgement, banking and filing stay with the people accountable for them.
StandardNirmaanOneStays with you
RERA
Tracks collection, separate and operative account entries, runs fourteen readiness checks and drafts the Form 1, 2 and 3 pack.
Your architect, engineer and CA certify. Your bank moves the money. Your team files on the regulator’s portal.
GST & TDS
Computes GST and property TDS on each demand and receipt, and keeps GST out of the collection account.
Your CA decides the tax treatment. GST returns and TDS forms are filed outside NirmaanOne.
Ind AS 115
Applies the point-in-time or over-time policy chosen for each set of books, with every posting traceable to its source.
Your CA chooses the policy and signs off the accounts.
WHAT YOUR TEAM CAN DO
The tools behind a smoother working day.
Daily controls
- Registration history, validity and extensions
- Configurable registration and before-sale gates
- Advance-cap controls and agreement-registration reminders
- Full and part occupancy certificates per unit, under each state’s own name
The account position
- Dated account-share settings with project overrides
- Sweep accounting posted when receipts clear
- Consideration only in the collection account; GST banked separately
- Withdrawal records linked to supporting certificates
The review pack
- Form 3 draft based on estimated cost and the books
- Project review packs for professional certification
- PDF and Excel pack, annexures and filing record
SIMPLIFIED COST-PROPORTION EXAMPLE
Rs 5 crore incurred against Rs 50 crore estimated.
That is a 10% cost proportion. This illustrates only the proportion calculation. The CA verifies eligible costs, earlier withdrawals, collections and all other certificate requirements before determining the available withdrawal.
Estimated project cost₹50,00,00,000
Eligible cost incurred · assumed₹5,00,00,000
Illustrative proportion10%
Certificate authorityYour CA
Illustrative data. Review project-specific treatment with your advisers.QUESTIONS, ANSWERED
A few useful answers.
Have a project-specific question?
Bring it to the walkthrough.
Does NirmaanOne file the quarterly return?
No. It prepares the records and draft pack. Your team obtains the required professional signatures, files on the regulator’s portal and records the acknowledgement.
Can we manage projects across India?
Yes. NirmaanOne serves developers across India. Keep project records, account positions, supporting documents and compliance preparation in one platform, with project-level settings and review against the requirements applicable to each project.
Are bank statements imported automatically?
No. There is no live bank feed. The quarter’s account position is compared with statement balances, and the office can upload a bank statement file so that transfers between the promoter’s own accounts post only when the statement confirms them. Matching buyer receipts from the statement is planned next.
What happens when only part of a project receives its occupancy certificate?
Record full and part certificates per unit or plot, under your state’s own name: an Occupation certificate in Maharashtra, Building Use permission in Gujarat or an Occupancy-cum-completion certificate in Delhi, for example. Possession charges, stage completion and borrowing-cost capitalisation then follow the covered units only, so ground-floor shops can be handed over while the towers above are still being built.
What about the annual Form 5?
The same books, statements and reports support annual audit preparation. There is no dedicated Form 5 screen today.
Can software guarantee that a project will not be put in abeyance?
No. NirmaanOne helps the team maintain records, identify exceptions and prepare for review. Compliance also depends on project facts, funding, professional certification and timely filing.
ONE BUSINESS. ONE SOURCE OF TRUTH.
Ready to move your business beyond Excel?
Schedule a live demo with our sales team. See how your separate trackers become one connected workflow, and plan your first project in 48 to 72 hours.
Your questions. The actual product. A plan to get started.