Next: Investing
Reading an annual report
An annual report has legally required contents. Find them: the auditor's objections, the related-party list, and what the directors personally assert.
24 min
advancedelevated risk
Property paperwork: four numbers
Carpet area, the seventy per cent that must sit in a separate account, the cap on advances, and what a late handover owes you. All of it is national law.
3 lessons · about 24 minutes · written for reading age 13 · last checked 2026-08-14
What carpet area actually means
The law defines the floor area a buyer pays for, and the definition is precise about which walls, balconies and terraces are inside it and which are not.
8 min
The seventy and the ten
Two percentages decide whether your money is safe before a brick is laid: how much must be ring-fenced, and how much can be taken before an agreement exists.
8 min
When possession is late
A missed handover date is not merely disappointing. It triggers a choice: take the money back with interest, or stay and be paid interest every month of delay.
8 min
Property paperwork — the whole course
5 questions at the end. Every wrong answer explains itself.
Tools for this
Sources
- The Real Estate (Regulation and Development) Act, 2016 — sections 2(k), 4, 13 and 18 — Government of India, via India Code · checked 2026-08-14