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
MS Dhoni breaks silence, says ‘God makes it very tough’
Chennai Super Kings broke their five-match losing streak in a thrilling victory, with MS Dhoni and Shivam Dube leading the charge. Dube’s resilient innings, especially […]
रायपुर : राज्य स्तरीय आदिवासी लोक कला महोत्सव-दुर्ग संभाग ने मारी बाजी
छत्तीसगढ़ सरकार कर रही लोकनृत्य एवं लोक संस्कृति के संरक्षण एवं संवर्धन का कार्य-डॉ. टेकाम शहीद वीरनारायण सिंह स्मृति राज्य स्तरीय आदिवासी लोककला महोत्सव 2022 का […]
India targets Pak’s terror funding, to approach World Bank & FATF
India is intensifying its efforts to financially isolate Pakistan, contesting World Bank loans and urging the FATF to reinstate it on the grey list. This […]