Buyers demand to see list of escrow accounts

Buyers demand to see list of escrow accounts
15/05/2019 , by , in News/Views

Homebuyers on Tuesday submitted a letter to the Greater Noida Authority and the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera), asking them to make public the names of builders who have opened escrow accounts with the money deposited by investors. The move comes as buyers feel that many builders have not started this financial practice to protect their rights.

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