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The Economic Times
The Economic Times

UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reports

UP RERA

Lucknow: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has identified 76 projects whose promoters have not yet uploaded their annual audit reports for the financial year 2024-25 on the authority's web portal and have issued show-cause notices to all defaulting promoters.

UP RERA has directed all defaulting promoters to upload the pending audit reports within 15 days along with the prescribed late fee for the relevant financial year, failing which they could face a penalty of up to five per cent of the estimated project cost.

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