UP-RERA has paid ₹73.84 lakh in bank-earned interest across around 430 complaints where money recovered from developers through recovery certificates remained in bank accounts before disbursement. This affects homebuyers enforcing RERA orders and lawyers tracking whether recovery proceeds have actually moved from revenue recovery to payment.
We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.