Accounting for Real Estate Builders | CA

Who Needs This

When You Need Accounting Services for Real Estate Builders

Customer receipts for three projects sit in one bank account and nobody can separate them.
You must withdraw from the RERA account and need a certificate based on cost incurred.
GST on under-construction flats and input credit rules confuse your team.
A joint-development partner wants a statement of cost and revenue share.

In Detail

Accounting Services for Real Estate Builders: how it works and what to expect

Why builder accounts must be project-wise

A builder's money moves between land, approvals, construction and customer receipts. If projects share one ledger, a cash shortfall in one is covered silently by receipts from another, and profit per project is unknowable.

Under RERA, a project's customer money must be kept in its designated account and withdrawn only against certified cost. Project-wise books are therefore a legal necessity, not a luxury, and they make the certificate easy to support.

Revenue, GST and joint development

Revenue recognition for real-estate projects depends on the accounting standard applicable to the entity and on the contract terms. The method affects profit in each year, so the choice and the working are documented by the CA.

GST on residential and commercial supplies and the availability of input credit differ by category and the notified rate regime, so the CA confirms the current treatment for each project. Joint-development arrangements add revenue-share or area-share accounting that we record with a statement for the landowner.

Project accounts we maintain
Account	Purpose
Land and approvals	Capitalised cost of the project
Construction cost	Contractor bills, retention, materials
Customer ledger	Bookings, receipts, balance due
RERA account	Designated collection and withdrawal
Joint-development ledger	Landowner share

What You Get

What Is Included

One cost centre per project and per phase
Customer ledger with payment schedule tracking
RERA bank account reconciliation
Revenue recognition as per applicable standard
Contractor bills, retention and TDS
Cost-to-complete and margin report

Documents Required

Documents Checklist

Project approvals and RERA registration
Land purchase or joint-development agreements
Customer agreements and payment schedules
Contractor agreements and running bills
Bank statements including RERA accounts
GST registrations and returns
Architect and engineer certificates

How It Works

How It Works, Step by Step

Set projects
Create cost centres and import bookings
Days 1 to 5
Record
Costs, receipts and bills posted per project
Monthly
Reconcile
RERA and operating accounts reconciled
By the 7th
Report
Project MIS and cost-to-complete
By the 10th

Sample Output

What Your Monthly Report Looks Like

Every client receives a short, CA-reviewed MIS. A free blank format is available to download with no sign-up: Monthly MIS report format.

Sample monthly MIS snapshot (illustrative figures, not a real client)
Line	This month (Rs.)	Last month (Rs.)	Comment
Revenue	12,40,000	11,10,000	Up 11.7%
Gross margin	31.5%	29.8%	Better purchase rates
Operating expenses	2,95,000	2,80,000	Rent revision
Net profit before tax	95,600	52,300	Margin improved
Closing cash and bank	3,42,000	2,60,000	Collections on time
Debtors over 90 days	74,000	1,12,000	Two accounts recovered

Transparent Pricing

Accounting Services for Real Estate Builders Fees: Fixed and Transparent

Fee breakdown for Accounting Services for Real Estate Builders
Line	Amount
Our professional fee (per month + GST)	Rs. 7,500
GST at 18%	Rs. 1,350
Government or statutory fee	Rs. 0 (none for accounting work)
Total payable	Rs. 8,850

Monthly plans, by volume of work (fees before GST)
Plan	Best for	Entries a month	Fee a month	With 18% GST
Starter	Professionals, service firms	Up to 100	Rs. 1,500	Rs. 1,770
Growth	Traders, small manufacturers	Up to 500	Rs. 3,500	Rs. 4,130
Scale	Retail, restaurants, e-commerce	500+	Rs. 7,500	Rs. 8,850

Add-ons and one-time work (fees before GST)
Service	Fee
Payroll, up to 10 employees	Rs. 1,000 a month
TDS accounting and returns	Rs. 1,000 a month
Extra bank account reconciliation	Rs. 1,000 a month
MIS pack with commentary	Rs. 2,000 a month
Backlog clean-up, up to 6 months	Rs. 4,999 one-time
Annual accounts and audit support	Rs. 9,999 a year
Virtual CFO	Rs. 15,000 a month

Fees are fixed in writing after we review one sample month. Accounting has no government fee; taxes you owe are paid directly to the government.

Client Reviews

What Our Clients Say

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★★★★★

4.81,000+ clients · View on Google Maps

★★★★★

"Ever since my association, I am impressed with the professionalism and personal conduct of the firm. Clients are made to feel belonging."

RS

Rachana SinghBusiness Owner, Mumbai

★★★★★

"An extremely professional setup, very responsible to all our needs. Strongly recommend for taxation and accounting services."

AD

Abhishek DubeyEntrepreneur, Mumbai

★★★★★

"The best for auditing, finance, and budget analysis. Will consistently give the best possible solution, worth every penny."

MS

Mayur SinkarCFO, Startup, Mumbai

Your CA

Reviewed and Signed by a Practising Chartered Accountant

CA Rinky Vishwakarma

Signing Chartered Accountant, SVT & Associates

ICAI No.: 177507Fellow CA – ICAI20 years combined experience1,000+ clients served

Fellow Chartered Accountant (FCA) with over 12 years of experience across Big 4 audit, investment banking and independent practice. Personally reviews each client's books and MIS before sign-off, and signs certificates in her capacity as a practising CA.

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FAQ

Frequently Asked Questions

Do you prepare RERA withdrawal certificates?

The architect, engineer and CA each have defined roles in the RERA forms. We maintain the project accounts and prepare the cost statement the certificates rely on. Certificates that must be signed by a CA are handled through our separate RERA certificate service, which has its own page.

How do you track retention money owed to contractors?

Each running bill records the amount held back as retention, which is shown as a liability to the contractor until released. A monthly schedule lists retention by contractor and project, and release entries are matched to the completion or defect-liability milestones in the agreement.

Can you handle accounting for a joint-development agreement?

Yes. We record the landowner's share, whether in area or revenue, and prepare a periodic statement showing costs, receipts and the amounts due or paid to the landowner. This avoids disputes and gives both parties the same numbers. Both sides receive the statement on the same date.

Who prepares and signs the work?

SVT & Associates is an ICAI-registered Chartered Accountancy firm. Every account is supervised and reviewed by CA Rinky Vishwakarma, Fellow Chartered Accountant, ICAI Membership No. 177507. Where a certificate or attest report is issued, it is signed by a practising CA and carries a UDIN.

How quickly can you start?

After a short consultation and receipt of your documents, onboarding usually takes three to five working days, and the first monthly books are delivered within seven days of receiving complete data. If a filing deadline is close, we handle that first and then complete the wider setup.

Is my financial data confidential?

Yes. As a Chartered Accountancy firm we are bound by the ICAI Code of Ethics on professional confidentiality. Your records are accessed only by staff working on your account, are shared through controlled folders or your own software, and are never given to third parties without your written consent or a legal requirement.

Which accounting software do you work in?

We work in your existing software, whether Tally Prime, Tally ERP 9, Zoho Books, QuickBooks or Busy, so you do not need to switch. Your licence and data remain yours at all times, and a full export of your books is available whenever you ask for it.

Are your fees fixed, and are there hidden charges?

Fees are fixed and confirmed in writing after we review one sample month of your data. Our fee and GST are shown on separate lines, and accounting has no government fee. Work outside the agreed scope, such as a backlog clean-up, is priced separately and agreed with you before it begins.

Do you serve clients outside Mumbai?

Yes. Most of our work is delivered online across India, using shared folders, your accounting software, video calls and WhatsApp. Our office is in Goregaon West, Mumbai, where local clients can meet the CA in person, but no visit is needed to start or continue the service.

Can I stop the service if I am not satisfied?

Monthly plans are not locked in, and you can end the service by giving us notice. You will receive your books, reconciliations and working papers in an exportable form. The Refund Policy linked in the footer explains how any advance payment is treated.

Accounting Services by a Practising CAHub: all services, cities and guides Virtual CFO ServicesFrom Rs. 15,000 Bank Reconciliation ServicesFrom Rs. 1,000 Annual Accounts and Audit SupportFrom Rs. 9,999 Tax Advisory ServicesITR, GST advisory, notices, NRI taxation Net Worth Certificate by a CACA-signed with UDIN

Who signs and issues the work. SVT & Associates is a Chartered Accountancy firm registered with the Institute of Chartered Accountants of India. Accounting, MIS and tax work is prepared under the supervision of CA Rinky Vishwakarma (FCA, ICAI Membership No. 177507). Certificates and attest reports, where issued, are signed by a practising CA and carry a UDIN. Our role in online document collection and delivery is administrative; the professional opinion is the CA's. Fees are shown before 18% GST. We do not guarantee any outcome, approval or sanction by a bank, lender or authority.

Accounting Services for Real Estate Builders: From Rs. 7,500 a Month, Project-wise MIS monthly

Get a Free Cost Estimate

Details Received!

When You Need Accounting Services for Real Estate Builders

Accounting Services for Real Estate Builders: how it works and what to expect

Why builder accounts must be project-wise

Revenue, GST and joint development

What Is Included

Documents Checklist

How It Works, Step by Step

What Your Monthly Report Looks Like

Accounting Services for Real Estate Builders Fees: Fixed and Transparent

What Our Clients Say

Reviewed and Signed by a Practising Chartered Accountant

CA Rinky Vishwakarma

Frequently Asked Questions

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