UP RERA has urged homebuyers to deposit payments only into the official collection accounts specified for respective real estate projects. Specifically, the Uttar Pradesh Real Estate Regulatory Authority issued a vital advisory on Monday, October 12, 2026, to protect buyers from potential fraud. Furthermore, investors must verify all bank details directly through the official UP RERA portal before transferring funds.
Verify account details and report alternative payment requests
Transparency in financial transactions remains a top priority for the regulatory authority. Consequently, buyers must ensure booking amounts, installments, and other dues go strictly to authorized project accounts.
Additionally, the Authority instructed purchasers to report any builder requests asking for deposits into alternative or personal bank accounts. Meanwhile, stakeholders can submit grievances or verify details via a dedicated portal link.
| Homebuyer Precaution | Official Regulatory Guideline & Action |
| Designated Account Rule | Deposit property funds exclusively into the project collection account |
| Portal Verification | Cross-check and verify bank credentials on the official UP RERA portal |
| Reporting Mechanism | Inform UP RERA immediately if asked to use alternative accounts |
| Official Reporting Link | [https://www.up-rera.in/frm_OtherAccount_DetailsofProject.aspx](https://www.up-rera.in/frm_OtherAccount_DetailsofProject.aspx) |
| Issuing Authority | Uttar Pradesh Real Estate Regulatory Authority (Lucknow/Noida) |
Promoting safe payment practices across real estate markets
The latest advisory aims to reinforce consumer protection and encourage secure transaction habits across the state. Therefore, as UP RERA urges homebuyers to deposit payments through authorized channels, buyers must remain vigilant against unauthorized payment demands.
