RERA for Developers: RERA has mandated real estate developers to register the project and obtain a valid registration number before proceeding. If the project is to be developed in phases then the developer have to obtain registration for each phase separately. The developer is required to submit all the necessary documents related to the project as prescribed by RERA. It is mandatory for a real estate developer to open an escrow account in a bank recognized by the government and must deposit 70% of the total payment received from the consumer. Find Details, Latest News, Updates, Latest Articles, Useful & comprehensive links relating to RERA for Developers here.
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RERA Impact on Developers in FY18 likely to slow down New Projects RERA impact on developers in FY18 is expected to slowdown the new project...