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	<title>Property News India and Featured Real Estate Stories &#187; escrow account</title>
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		<title>CAG blames Delhi airport Metro link operator</title>
		<link>https://groups.commonfloor.com/news/cag-blames-delhi-airport-metro-link-operator-46538</link>
		<comments>https://groups.commonfloor.com/news/cag-blames-delhi-airport-metro-link-operator-46538#comments</comments>
		<pubDate>Thu, 21 Feb 2013 11:12:49 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Metro]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Aero City]]></category>
		<category><![CDATA[Comptroller and Auditor General]]></category>
		<category><![CDATA[Construccionesy Auxiliar de Ferrocarriles]]></category>
		<category><![CDATA[customs duty concessions]]></category>
		<category><![CDATA[DAMPEL]]></category>
		<category><![CDATA[Delhi Airport Metro Express Line]]></category>
		<category><![CDATA[Delhi airport Metro link operator]]></category>
		<category><![CDATA[Delhi Metro]]></category>
		<category><![CDATA[Dhaula Kuan]]></category>
		<category><![CDATA[escrow account]]></category>
		<category><![CDATA[Finance ministry]]></category>
		<category><![CDATA[New Delhi]]></category>
		<category><![CDATA[PPP Appraisal Committee]]></category>
		<category><![CDATA[Reliance ADAG group mutual funds]]></category>
		<category><![CDATA[Reliance Infrastructure]]></category>

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		<description><![CDATA[New Delhi- The Comptroller and Auditor General (CAG) alleged that the Delhi airport Metro link operator is involved in various misdeeds related to the project, flouting government norms and making huge financial benefits. In a draft report, CAG has mentioned that the Delhi Airport Metro Express Line (DAMPEL) has been puzzled with concessions to DAMPEL, [...]]]></description>
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		<title>Maintaining Escrow account will be must for builders</title>
		<link>https://groups.commonfloor.com/news/maintaining-escrow-account-will-be-must-for-builders-21358</link>
		<comments>https://groups.commonfloor.com/news/maintaining-escrow-account-will-be-must-for-builders-21358#comments</comments>
		<pubDate>Mon, 28 May 2012 11:29:51 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Apartment News]]></category>
		<category><![CDATA[Cities]]></category>
		<category><![CDATA[Commercial Real estate]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
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		<category><![CDATA[delay of real estate projects]]></category>
		<category><![CDATA[escrow account]]></category>
		<category><![CDATA[projects in India]]></category>
		<category><![CDATA[Real estate projects]]></category>
		<category><![CDATA[Real Estate regulatory bill]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=21358</guid>
		<description><![CDATA[The draft Real Estate (development and regulatory) Bill has suggested that every builder must maintain escrow account for customer advances and all third-party liabilities so that proper monitoring and use of proceeds is ensured in real estate projects. Last year, the Reserve Bank of India, too, asked banks to put in place an escrow mechanism [...]]]></description>
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		<title>ECB will not be used other than affordable housing projects</title>
		<link>https://groups.commonfloor.com/news/ecb-will-not-be-used-other-than-affordable-housing-projects-18718</link>
		<comments>https://groups.commonfloor.com/news/ecb-will-not-be-used-other-than-affordable-housing-projects-18718#comments</comments>
		<pubDate>Mon, 23 Apr 2012 12:20:52 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[affordable housing scheme]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[ECB funds]]></category>
		<category><![CDATA[escrow account]]></category>
		<category><![CDATA[external commercial borrowing]]></category>

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		<description><![CDATA[The government wants to make sure that no funds collected through external commercial borrowing for affordable housing scheme, will not be used by any other projects. The government is working on the implementation of the budget announcements. The project specification guideline rule and the routing of funds are under consideration. Government officials are working on [...]]]></description>
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