What happens to the money I pay a builder for a RERA project?
Fact from a source
Under the RERA Act, 2016, a promoter must deposit 70% of the amounts received from buyers into a separate bank account and use it only for that project's construction and land costs.
Source: RERA Act, 2016, Section 4(2)(l)(D). Last reviewed 1 Oct 2026. General information, not legal or tax advice.