Thread: Rera Approved
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Old 06-06-2008, 07:49 PM
sgaur sgaur is offline
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Join Date: May 2008
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Rera approved letter mentioned that developer has to open an escrow account with in 3 weeks from the date of approvel of project mentioned in that letter.

Developer has provided the bank details to transfer installments as below:

Escrow a/c "Project name" "developer name"

For example Escrow a/c Platinum tower abc co.


If I am transferring amount to this account, Is this not sufficient that I am transferring this amount in to Escrow account?

I thought this sufficient that Developer has Rera approved letter for particular project and Escrow a/c details as above.

Some body has some other thoughts about above case.
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