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Real-estate ERP for developers running several projects
When several projects run at once, the risk is in the gaps: a refund approved on WhatsApp, a purchase over budget, a RERA withdrawal no one can trace. LoftRay puts every project on the same records, with approval chains, budgets by cost head, a RERA designated account per project and an audit log nobody can edit.
Sound familiar?
What breaks when a developer grows past a few projects?
Approvals happen in chat
Discounts, refunds and purchase orders are approved by message, and nobody can show who agreed to what.
Budgets are checked after the money is spent
Each site buys against its own sheet, and overruns surface at the quarterly review.
Every project reports differently
Collections, ageing and RERA figures are rebuilt by hand for each project before every review.
How LoftRay helps
What LoftRay gives a multi-project team
One approval inbox
Configurable approval chains with delegation, so work doesn’t stop when someone is away.
Budgets that hold
Budgets by cost head with versions, budget against actual, and overruns that need approval.
Purchase across sites
Rate contracts, quote comparison and transfers between stores, with bills matched to orders and receipts.
A RERA account per project
Each project’s designated account is classified separately, with withdrawals approved and quarterly packs produced.
Reports you save once
A report builder with saved reports, plus ageing and overdue summaries by project.
An audit trail
An append-only audit log that no one, not even an administrator, can edit or delete.
Where to start
Which modules to start with
The modules most teams in this situation need first. Others can follow.
Collections
Demands from certified stages, receipts, interest, ageing and bank reconciliation.
- Demands from certified construction stages
- Receipts, bounces, refunds and cancellations, with approvals
- Late-payment interest, ageing and WhatsApp reminders
- Bank reconciliation: CSV, Excel, MT940
Construction
Indents to POs, stores, work orders, measurements and RA bills.
- Work orders, measurements, RA bills, retention
- Indents, quote comparison, POs and GRNs
- Stores: transfers, counts, reorder alerts
- Daily progress reports, QC and site photos
Accounts and tax
Journals, GST and TDS, Tally export and import, budgets and payroll.
- Journals, trial balance and GST e-invoices
- Export to and import from Tally
- Budgets against actuals, with overrun approval
- Payroll with PF, ESI and gratuity
RERA compliance
Designated-account cash, withdrawals with approval, certificates and quarterly packs.
- Designated-account cash classification
- Withdrawals with approval and certificates
- Quarterly packs as PDF and Excel
- Rules signed off by a second person
The move
How a multi-project developer moves to LoftRay
Set up the approval chains
Decide who approves discounts, refunds, purchase orders, RA bills and withdrawals, and who stands in for them.
Load the projects
Towers, units, payment plans and budgets come in project by project, from Excel, with a preview.
Approve the rules
Tax, payroll and RERA rules are approved, and a second person signs them off.
Connect the books
Your CA agrees the Tally mapping, and vouchers export from LoftRay.
Choose where it runs
Our cloud, or your own server with per-module licences and staged updates.
Questions
Questions builders ask us
Can approvals be delegated when someone is on leave?
Yes. Approval chains are configurable and support delegation, and everything waiting on a person appears in one approval inbox.
Can LoftRay run on our own servers?
Yes. A signed offline installer puts LoftRay on your own server, with per-module licences, staged updates and encrypted backups. Remote support goes through an encrypted relay that can’t read your data.
Can we see who changed a record?
Yes. LoftRay keeps an append-only audit log that no one can edit or delete, not even an administrator.
Keep reading
Related pages, tools and guides
See your own project in LoftRay
Tell us about your projects and we will set up a 30-minute demo with your towers and payment plans, not generic sample data.