UP govt tightens rules for new home purchases to prevent fund diversion

**A new "three-account" escrow system is now mandatory for real estate projects in Uttar Pradesh!** This critical update from the UP government and UP RERA directly impacts homebuyers in Ghaziabad. Designed to prevent fund diversion and guarantee project completion, it bans assured return schemes and caps NBFC interest rates. This is a clear move to safeguard your investments. How do you foresee these changes affecting property prices in Ghaziabad?