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UP-RERA may freeze accounts of 18 promoters who missed hearings

Dated on: Sunday 19th March 2023

UP-Rera has produced a list of 18 promoters who have failed to appear at its hearings and has threatened to freeze their bank accounts and blacklist them. Officials indicated at a review meeting on incomplete projects in the state that many projects that have passed their projected completion date have not obtained occupancy or completion certificates, and the promoters have not sought an extension of the deadline.

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