TNRERA Proc.No. TNRERA/A2/2761/2025 | Dated: 25 July 2025

Addressing project completion delays due to inadequate project account funding, TNRERA mandates that for extensions exceeding one year, an additional 20% of amounts received from allottees must be deposited in the promoter’s project account. This supplementary amount may be released only for construction purposes as per Section 4(2)(i)(D) of the TERA Act, taking immediate effect.

PDF: https://rera.tn.gov.in/homePageFiles/TNRERA_Proc_2761_2025.pdf