Escrow Account

How To Maintain Escrow Account As Per UP RERA Directors

CA SRIYANS
February 9, 2021February 9, 2021
INFORMATIONS

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has identified some flaws in the maintenance of an escrow account which are provisioned under the Real Estate (Regulation and Development) Act (RERA). The authority has found that some developers in the State are not maintaining the ratio of 70:30. The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) announced that the prevailing method of keeping a collection account by builders to get… Read More »How To Maintain Escrow Account As Per UP RERA Directors

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2020-09-06

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