RERA Act Section 4(2) (l) (d) requires specific compliance to be followed by developers for withdrawal of amounts from separate bank accounts. The amount of withdrawal from the separate bank account shall be in line with the physical development of the Project i.e. Percentage of Project Completion. The withdrawal from the bank account are subject to certifications from Architects, Engineers & Chartered Accountants. We provide the best certification compliance advisory with expert CAs, Architects & Engineers who are a part of team RRL Accounting services (P) Limited. Failure to comply with the provision of Section 4 can lead to penalty which may extend up to 5% of Estimated Cost of Real Estate Project.