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
G7 nations urge India, Pakistan to exercise maximum restraint
G7 nations have condemned the terrorist attack in Pahalgam and urged India and Pakistan to exercise maximum restraint amid rising military tensions. They called for […]
रायपुर : जो श्रीराम पूरे विश्व को मार्ग दिखाते हैं उन्हें छत्तीसगढ़ की एक वनवासी माता शबरी ने मार्ग दिखाया
न कैकयी भगवान राम को निर्वासन देती, न वो आपको प्राप्त होते, यह घटना छत्तीसगढ़ के लिए सौभाग्य हो गई, इस भूमि में प्रभु के […]
Belichick’s daughter-in-law appears to snub Jordon Hudson during UNC win
Tension simmered at a North Carolina football game as Bill Belichick’s girlfriend, Jordon Hudson, and daughter-in-law, Jennifer Schmitt, reportedly kept their distance. This follows a […]