RERA’s 70:30 rule mandates developers deposit 70% of buyer funds into an escrow account for construction and land costs, with the remaining 30% for project expenses. This financial discipline protects homebuyers’ investments and ensures timely project completion by preventing fund diversion.
Related Posts
72 hours, 6 conditions: What foreign students at Harvard must do to stay
In a significant move, the Trump administration has revoked Harvard University’s SEVP certification, jeopardizing the status of thousands of international students, including a substantial number […]
Gold price prediction: What’s the gold outlook for today? What investors should know
- admin
- December 19, 2025
- 0
Gold price prediction today: Gold prices are experiencing selling pressure, with an intraday bias leaning downwards. Analysts recommend a sell-on-rise strategy, targeting resistance near ₹1,34,000. […]
No slowdown; SUVs to power car sales: Mahindra & Mahindra
Despite concerns about a potential slowdown in SUV sales due to global factors, Mahindra & Mahindra remains confident in the continued growth of the SUV […]