RERA Designated Account Withdrawal Calculator
Confused with the RERA account? Want to know how much you can withdraw from your designated RERA account? Check it out!
Project Financials
Enter your project cost and collection details.
Total project cost as per RERA registration
Actual construction and land costs incurred till date
Total payments received from all buyers
Total amount already withdrawn from the designated account
How It Works
70% Designated Account Rule
Under RERA Section 4(2)(l)(D), 70% of all amounts collected from allottees must be deposited in a separate designated account. This ensures funds are used only for construction and land costs.
Withdrawal Limits
Withdrawals are permitted only in proportion to the percentage of completion of the project, and only after certification by an engineer, architect, and chartered accountant.
Compliance Check
This calculator helps you verify if your current withdrawals are within RERA limits and how much more you can withdraw while staying compliant.
Allowable Withdrawal Limit
You can withdraw up to ₹5,10,000 more while staying compliant
Breakdown
Compliance Status
Your withdrawals are within the RERA 70% limit. You can withdraw up to ₹5,10,000 more.
Important Notes
- • 70% of amounts collected must be deposited in the designated account
- • Withdrawals must be proportional to project completion percentage
- • Withdrawals require certification from engineer, architect, and CA
- • Funds can only be used for construction and land costs
Why Use the RERA Designated Account Withdrawal Calculator?
RERA Compliance Check
Instantly verify if your project withdrawals comply with the 70% designated account rule under RERA Section 4(2)(l)(D).
Avoid Penalties
Non-compliance with RERA designated account rules can result in penalties and project registration cancellation. Stay compliant with real-time calculations.
Audit Ready
Generate clear calculations for your quarterly RERA filings and CA certificates.
Developer-Friendly
Built for promoters, developers, and CAs who need to manage RERA designated accounts and plan fund withdrawals efficiently.
Frequently Asked Questions
Learn about RERA designated account rules and withdrawal limits.
What is the RERA 70% rule?
Under Section 4(2)(l)(D) of the RERA Act, 2016, promoters must deposit 70% of all amounts collected from allottees into a separate designated account. This ensures funds are used only for construction and land costs of that specific project.
How is withdrawal calculated?
Money can only be withdrawn in proportion to the percentage of completion of the project. Withdrawals must be certified by an engineer, an architect, and a chartered accountant in practice.
What happens if I exceed the withdrawal limit?
Exceeding the withdrawal limit violates RERA rules and can result in penalties, interest demands, or even cancellation of project registration. The Ministry of Finance has directed banks to ensure compliance with RERA designated account norms.
Can I use the 30% for other expenses?
Yes. The remaining 30% of collections can be used by the promoter for operational expenses, marketing, overheads, and other project-related costs not covered under the 70% designated account rule.
Who certifies the withdrawals?
Withdrawals from the 70% account require three certificates: (1) Form 1 - Engineer's certificate of physical progress, (2) Architect's certificate of completion percentage, and (3) CA's certificate of costs incurred and paid for land and construction.
From Compliance to Execution
This calculator helps you stay RERA compliant. Mellite helps you manage your entire project - from designated account compliance to buyer personalization to procurement.
Visual Selection
Buyers customize their home with an intuitive visual interface. No spreadsheets, no confusion.
Auto-Generated BOMs
Every selection automatically creates a unique Bill of Materials. Zero manual entry, zero errors.
Margin Lock
Prices are locked at selection time. Margins are protected. No more cost overruns from last-minute changes.
Frequently Asked Questions about RERA Designated Account Withdrawal Calculator
Engineering methodologies, CPWD & RERA norms, and calculation standards applied in this calculator.
Download PDF Report or Embed on Your Website
Export an official specification report or embed this interactive calculator widget on your architecture/interior blog with a 1-click iframe snippet.
Match Materials With Tier-1 Manufacturers & Capture Factory Rebates
Bypass distributor markups. Mellite Vendor Match connects your site procurement directly with top building material factories across India.
Transform Free Calculators Into Automated Real Estate Procurement
Book an enterprise demo or join the waitlist to see how Mellite connects your BOQs directly with tier-1 manufacturers across India.