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Escrow worries

With reference to your editorial, Real Estate: Customer will finally be king (March 12), I would like to state that the best feature of the Real Estate (Regulation and Development) Bill is that both t

With reference to your editorial, Real Estate: Customer will finally be king (March 12), I would like to state that the best feature of the Real Estate (Regulation and Development) Bill is that both the consumer and developer will have to pay the same interest rate for any delay on their part, balancing buyer-seller agreements. But it remains unclear who will monitor the builders’ escrow account

Bal Govind

Noida

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