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UPRERA wants to ensure management of bank accounts of real estate projects according to the directions of Reserve Bank of India (RBI) and RERA Act.
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has written to the state level bankers committee (SLBC) to ensure that the management of bank accounts of real estate projects are maintained as per the directions of the Reserve Bank of India (RBI) and RERA Act. The SLBC comprises all
Even by extension, the State Governors pick members of the State Assemblies and those of the National Assembly.
Going forward, real estate projects will not be registered unless a certified copy of the standing advice to this effect is submitted along with the registration form.
A quorum of councilors in the Ijebu East Local Government Area of Ogun State has suspended the Chairman of the LGA, Wale Adedayo, for three months on allegations of maladministration and financial mismanagement.