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Axis Bank acts as your partner to support and offer special requirement for realtors/real estate builders & Landbuyers
As per RERA act it is mandatory to deposit 70 percent of home buyer funds into a separate and dedicated project account so that the funds are utilized only for the project. The withdrawals from the account need to be certified by the project engineer, Architect and chartered accountant as per the form available on RERA website and copy of the same needs to be submitted to the authority
Our RERA services ensure hassle free management of funds besides complying with RERA regulations
Instant Account Opening 
Escrow account for Joint devlopement Deals
Nil charges for account opening and set up
RERA stands for Real estate regulatory authority body established as per the Real Estate (Regulation and Development) Act, 2016 which aims to protect the interest of home buyers and boost real estate investments
RERA authority provides protection and relief to the buyers by quick dispute redressal.
As per RERA regulations all the Real estate developers and landowners, as per the eligibility, shall open RERA account to route at least 70% of project receivables from the home buyers.
All the required certificate formats are available on the RERA website of the states.
Reach out to us at escrow_rera.products@axisbank.com
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