ICAI Opens Second Virtual Batch on Real Estate Advisory and Practice Setup From September 7
The Members in Practice Committee (MPC) of the Institute of Chartered Accountants of India (ICAI) scheduled the second virtual batch of its Real Estate Advisory and Practice Setup training from 7 to 18 September 2026. The official programme page describes it as a 12-day virtual learning programme to equip chartered accountants with specialised knowledge and practical expertise in the real estate sector.
Batch details
| Item | Detail |
|---|---|
| Organiser | Members in Practice Committee, ICAI |
| Dates | 7 to 18 September 2026 (12 days) |
| Timing | 3:00 PM to 6:00 PM |
| Mode | Online / virtual |
| Fee | ₹2,000 plus GST per participant |
| CPE | 4 Structured CPE hours |
| Registration status | Closed, as shown on the MPC events page |
The MPC's Events 2026 page now shows registration for this batch as closed. Queries go to the committee at cmp[at]icai[dot]in, ICAI Bhawan, A-29, Sector 62, Noida.
What the programme covers
According to ICAI, the course gives an end-to-end understanding of the real estate ecosystem, from regulatory frameworks and compliance requirements to taxation, finance, valuation, audit, legal documentation and post-development advisory. The aim is to help members build domain expertise and expand advisory practices in the sector.
The background material published for the batch, ICAI's Guide on Setting Up Practice of Real Estate Consultancy, runs to 23 chapters. Its coverage includes:
- Structuring: choice of entity (proprietorship, partnership, LLP or company) and the use of a separate special purpose vehicle for each project.
- RERA: project registration, promoter duties, the Chartered Accountant certificate on use of project funds under section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act, 2016, the 70% separate-account requirement, complaints under sections 31 to 40 and appeals under sections 43 to 45.
- Approvals and completion: no objection certificates under town planning laws, occupancy and completion certificates, and liabilities for incomplete projects.
- Tax: GST on under-construction property, development rights and works contracts, GST notices, and capital gains on immovable property including joint development agreements and redevelopment.
- Investment and funding: alternative investment funds, REITs and FEMA rules for NRI and foreign investment in real estate.
- Accounting and audit: revenue recognition and cost allocation, internal audit, GST audit, tax audit and statutory audit of real estate entities.
- Distress and redevelopment: IBC proceedings involving real estate companies and homebuyer claims, and redevelopment of housing societies in Maharashtra.
- Other areas: legal documentation and contract drafting, due diligence including transferable development rights, resident welfare associations and the use of AI in real estate practice.
Who it is meant for
The programme is organised by ICAI for chartered accountants, particularly members in practice who want to enter real estate consultancy or deepen an existing practice. Real estate work usually cuts across RERA certification, GST and income tax, project finance, valuation and audit, so a CA advising a developer, investor, lender or housing society needs to connect these areas. The training and guide are built around that combined view.
The course is capacity building, not a statutory qualification. It does not replace any separate registration or certification that a particular service may need.
For members who missed this batch
The background material remains available on the MPC website and can be used for self-study. Members can watch the MPC events page for any further batch of the programme.
Updated on 27 September 2026: linked the official programme page, events listing and background material, added the chapter-wise coverage of ICAI's guide, and noted that registration for the batch has closed.
