One project. A clearer view.

A project-specific discussion starts with a named site, defined scope, legal entity, land rights and budget. Ask whether the arrangement is a property purchase, participation in a project company or another lawful contract. The label “project investment” does not, by itself, establish ownership or protection.

Identify title and access, applicable permissions and registrations, development stages and realistic funding needs. Review the programme, estimated costs, financing and sales or rental assumptions. Where RERA registration is required, check the exact project and promoter on the official portal.

Ask how the project expects to earn revenue and how the agreement defines distributable proceeds. Understand the order for paying project costs, lenders, taxes, reserves and participants. Confirm what happens if sales are slower, costs rise or additional funding is needed. A forecast profit is not a guaranteed distribution.

A separate company or project account does not automatically make your capital safe. Request the terms governing use of funds, related-party payments, security, other borrowing and reporting. Ask whether there are cross-guarantees or liabilities outside the project and obtain professional advice on the actual protection.

RERA buyer protections do not automatically cover a shareholder or business partner. SEBI explains that arrangements meeting its pooled-investment conditions may be collective investment schemes; naming a specific project does not settle that classification. The legal structure and permissions need review before funds are sought or accepted.

Set out completion milestones, reporting, dispute resolution, transfer rights and what happens on delay or loss. A future project should have its own documents and fresh consent. Review any reinvestment clause carefully; the first project’s outcome does not promise the next project’s result.