What is the 70 pc and 30 pc rule of RERA and why homebuyers and investors should know it
RERA or the Real Estate (Regulation and Development) Act, 2016 was introduced to bring transparency and accountability to India’s real estate industry. Today it is an essential for homebuyers and investors. Among several major provisions under this Act, there’s one which talks about how developers must use the money they collect from homebuyers. Now this…