RERA ESCROW Audits
In general, an escrow audit is one where funds are stored or aggregated for a particular reason. Withdrawals from such account are limited, so finances can be pulled back just to accomplish that particular reason.
What is an Escrow Autid?
In general, an escrow audit is one where funds are stored or aggregated for a particular reason. Withdrawals from such account are limited, so finances can be pulled back just to accomplish that particular reason.
RERA requires every one of its developers to have an autonomous “ESCROW” audit and furthermore to attempt an audit to check of the present status of the project and refresh the records with respect to the advance of the development.
