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Banks, NBFCs, Investors & Suppliers 7 min read • Updated 2026-10-30

How Banks, Investors & Suppliers Use RERA Quarterly Progress Reports (QPR) for Market Research

RERA Quarterly Progress Reports (QPR) and Form 1/2/3 certificates reveal physical construction stage, percentage of work completed and sold vs. unsold inventory.

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What Are RERA Quarterly Progress Reports (QPR) and Form 1, 2 & 3 Filings?

Under Section 11 of the RERA Act, promoters are required to update their project details quarterly on the state RERA portal. These Quarterly Progress Reports (QPRs)β€”supported by Architect Certificates (Form 1), Engineer Certificates (Form 2) and Chartered Accountant Certificates (Form 3)β€”provide a time-series view of a project's physical construction progress, financial outlay and unit bookings.

While basic project registration tells you what a developer *plans* to build, QPR and PDF disclosures reveal what is *actually happening on site* quarter after quarter across portals like MahaRERA, GujRERA, K-RERA, TNRERA and UP RERA.

How Banks, NBFCs, Investors & Suppliers Use QPR Data

Through ReraData's Custom RERA Scraping & PDF Extraction service, financial institutions, real estate funds and construction suppliers unlock high-value insights from QPR tables and PDF certificates:

  • βœ“ 1. Banks, HFCs & Construction Finance Lenders: Monitor APF (Approved Project Financial) portfolios by comparing physical construction completion % against estimated vs. incurred project cost, escrow bank disclosures and deadline extensions.
  • βœ“ 2. Real Estate Private Equity & Investors: Track quarterly unit absorption (booked/sold units vs. unsold inventory) across micro-markets and identify stalled or stressed projects requiring last-mile funding.
  • βœ“ 3. Finishing & Interior Material Suppliers: Identify projects crossing 50%–70% structural completion so your sales team can pitch elevators, tiles, sanitaryware, doors, windows, electricals and paints at the exact right stage.

Extracting Structured Data from Digital & Scanned RERA PDFs

Many state RERA portals publish Form 1, Form 2, Form 3 and encumbrance disclosures as downloadable PDF attachments rather than HTML tables. ReraData parses digitally generated PDFs directly and applies Optical Character Recognition (OCR) to scanned documentsβ€”delivering clean Excel/CSV columns while always retaining the original PDF link for human verification.

Dataset Schema

Key RERA Data Fields for Banks, NBFCs, Investors & Suppliers

When you order a structured dataset from ReraData, we deliver these fields in Excel (.xlsx), CSV, SQL or JSON REST API format:

Physical Construction Stage
Building/Wing Name, Plinth/Podium/Slabs Completed %, Internal Finishing %, MEP & Common Amenities %.
Quarterly Inventory Absorption
Total Sanctioned Units, Booked/Sold Units as of Quarter, Available/Unsold Units by Configuration.
Financial & Escrow Disclosures
Estimated Project Cost, Incurred Cost (where disclosed), Designated Escrow Bank Name & Encumbrance Status.
Form 1/2/3 & Audit Trail
Architect Name (Form 1), Structural Engineer Name (Form 2), CA Certificate Reference (Form 3) & Source PDF URLs.

Data Sourcing, Verification & Compliance

ReraData is an independent real estate data extraction and structuring service and is not affiliated with any government RERA authority. We collect only publicly disclosed business records from official state RERA portals without bypassing security controls, and retain official registration numbers and portal URLs for verification. Ensure all B2B outreach complies with applicable privacy and marketing regulations.

Frequently Asked Questions

Are Quarterly Progress Reports (QPRs) available on all state RERA portals?
QPR availability and depth vary by state authority. Portals such as MahaRERA, GujRERA, K-RERA, UP RERA and Odisha RERA publish rich progress and certificate disclosures, which we extract according to source availability.
How do you handle scanned Form 1, Form 2 and Form 3 PDF certificates?
Digitally generated PDFs are parsed directly, while scanned image PDFs are processed using OCR and validation rules. Every extracted row retains the original PDF URL so analysts can verify the source document.
Can banks and investors subscribe to quarterly updates for a specific watch-list of projects?
Yes. You can provide a list of RERA registration numbers or target districts, and we will deliver scheduled updates tracking status changes, deadline extensions and new QPR filings.
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