The Fund shall generally implement asset management processes to ensure that project cash flows are utilized for the progress of the project only and as agreed with the developer in the investment documents. This is done with effective escrow mechanisms and assistance of external project management agencies who visit the projects regularly to ensure that the project progress is satisfactory.

However, neither the Fund, nor its PMC shall be responsible, in any manner, to ensure that advertised amenities are delivered or quality, timelines and other commitments that may have been made by developer to homebuyers are honoured. The responsibility for advertised amenities, quality, timelines for delivery and all other commitments to homebuyers shall continue to be with the developer only as the Fund is only a financial investor and does not have any part in managing the operations or execution of the project.