The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has launched a strict action on 76 housing projects for failing to file mandatory annual audit reports under Form-7 for the financial year 2024–25. This move is aimed at enforcing the 70% escrow rule, ensuring buyer funds are actually used for construction and land costs instead of being diverted to other ventures. For homebuyers and investors across Noida, Greater Noida and the wider NCR, these notices are a clear signal to prioritize financial compliance over glossy brochures or rapid price appreciation.

BY Arjun Mehta · 28 Jun 2026