Point of viewProject finance & RERA
The 70% account: reconciling collections to RERA is a data problem first
RERA asks developers to keep 70% of what buyers pay for a project in a separate account and to withdraw only against certified progress. Most of the effort goes into matching receipts, bookings and bank lines by hand. One governed model of buyers, projects and bank accounts turns it into a daily reconciliation with people deciding the exceptions.