Industries · Real Estate & RERA
Real Estate & RERA
RERA registration, TDS on property, GST on under-construction
Real estate carries a uniquely heavy compliance burden — RERA project registration, 1% TDS u/s 194IA, GST on under-construction at 1% / 5% / 12%, and complex JDA / JV structures.
We work with developers, brokers and investors on the full spectrum: RERA registration and quarterly filings, GST classification (affordable / non-affordable / commercial), JDA tax planning, and capital gains on property sales.
Compliance challenges we solve
RERA registration
Project registration, agent registration and quarterly progress reports.
GST classification
1% on affordable, 5% on regular, 12% on commercial — done with ITC restrictions.
JDA structuring
Capital gains and GST treatment on land owner share — modelled before signing.
TDS u/s 194IA
1% TDS on property purchase above ₹50L — we handle both buyer and seller side.
Why real estate carries a heavy compliance burden
Real estate sits at the intersection of several demanding regimes at once: RERA project registration and quarterly reporting, GST on under-construction sales at differential rates, 1% TDS on property purchases, and intricate Joint Development Agreement (JDA) and joint-venture structures that mix land, construction and capital gains. A misstep on any one of them — a missed RERA update, the wrong GST slab, an unfiled Form 26QB — can stall a project or trigger a demand.
We work with developers, brokers and investors across the full spectrum: RERA registration and filings, GST classification, JDA tax planning, and capital-gains computation on property sales, bringing order to a notoriously paperwork-heavy sector.
RERA registration and quarterly filings
RERA registration is mandatory for any project on a land area above 500 square metres or with more than eight units, residential or commercial, and agents dealing in such projects must register too. Registration is only the start: promoters file quarterly progress updates covering construction status, bookings and the project’s financials, and must maintain the prescribed escrow discipline on collections. We handle the registration and the ongoing quarterly filings so your project stays in good standing on the regulator’s portal.
GST on under-construction property
Since 1 April 2019, GST on under-construction property is charged at 1% for affordable housing and 5% for other residential projects, both without input tax credit, while commercial units attract 12% with ITC. Completed, ready-to-move property with a completion or occupancy certificate is outside GST entirely. Getting this classification right — and applying the ITC restrictions correctly — is essential, and we structure your invoicing and credit accordingly.
TDS on property and JDA structuring
A buyer purchasing property above ₹50 lakh must deduct 1% TDS under Section 194IA, file Form 26QB and issue Form 16B to the seller; we manage both buyer and seller sides and reconcile against the seller’s Form 26AS. For Joint Development Agreements, the capital-gains trigger and GST treatment on the landowner’s share are complex and best modelled before signing — we plan the structure upfront so there are no tax surprises after the deal closes.
How TCC serves real estate & RERA businesses
From RERA registration and quarterly progress filings to GST classification, Form 26QB TDS, JDA tax planning and capital-gains advice, we cover the real-estate compliance lifecycle on a fixed fee with WhatsApp-first support. Developers, brokers and investors get a team that already understands the sector’s overlapping rules and keeps projects compliant from launch to handover.
Frequently asked
When is RERA registration mandatory?+
Any project on land area above 500 sqm or with more than 8 units, including residential and commercial.
How is GST charged on under-construction property?+
1% (affordable, no ITC), 5% (regular, no ITC) or 12% (commercial, with ITC). Effective from 1 April 2019.
Do you handle TDS on property purchase?+
Yes — we file Form 26QB, issue Form 16B to seller and reconcile against the seller's 26AS.
Are RERA quarterly updates compulsory after registration?+
Yes. Promoters must file quarterly progress updates on the project — construction status, booking and financial details — on the RERA portal. We prepare and file these so your project page stays current and compliant.
Is GST payable on a ready-to-move property?+
No. GST applies only to under-construction property; a completed property with an occupancy or completion certificate is outside GST. We confirm the correct treatment based on your project stage to avoid wrong charging.
How are capital gains taxed when I sell property?+
Long-term gains (holding over 24 months) qualify for indexation and exemptions under Sections 54/54F/54EC; short-term gains are taxed at slab rates. We compute the gain and plan reinvestment to legally minimise tax.
Specialist compliance for real estate & rera.
Talk to a CA who already knows your industry.