RERA Form 3: the withdrawal amount, worked out
Form 3 caps what a builder may draw from the RERA 70% account at the land and construction cost actually incurred, less earlier withdrawals. Worked example.
RERA
RERA compliance guides for builders
How the 70% designated account, Form 3 withdrawals, quarterly updates and interest on delay work in practice, with the sections of the Act they come from.
Interest on delayed payment under RERA
A buyer who pays late owes interest at the rate the state RERA rules set, the same rate a builder pays for late possession. In Maharashtra that is 10.95% today.