UP RERA introduces new rules mandating developers to securely manage and transfer Interest Free Maintenance Security (IFMS) funds to RWAs at project handover

UP RERA has introduced new regulations for collecting maintenance security funds. Developers must now deposit these funds in designated bank accounts. Collected amounts will be…

UP RERA introduces new rules mandating developers to securely manage and transfer Interest Free Maintenance Security (IFMS) funds to RWAs at project handover