RERA
Regulation & taxThe Real Estate (Regulation and Development) Act, governing project registration and buyer funds.
In plain terms
Escrowed buyer money means a developer can no longer fund one project from another.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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The Real Estate (Regulation and Development) Act, governing project registration and buyer funds.
Escrowed buyer money means a developer can no longer fund one project from another.