Lucknow: Uttar Pradesh Real Estate Regulatory Authority has barred builders from using homebuyers' money for "assured return" schemes and made it mandatory for all registered projects to operate through three separate bank accounts, officials said on Thursday. The new framework, aimed at tightening financial discipline and preventing diversion of project funds, was discussed at a meeting convened by UP RERA with bankers and financial institutions. Uttar Pradesh Real Estate Regulatory Authority (UP RERA) Chairman Sanjay Bhoosreddy chaired the meeting, which was attended by senior officials of nationalised banks, financial institutions and the State Level Bankers' Committee.