Urban local bodies, which form the key component of the Government's smart cities mission, may be subjected to third party audit by the Indian Institutes of Technology.

"Urban local bodies (ULBs) need to be strengthened. I am looking at how nearby IITs can carry out third party audit for these bodies," Union Urban Development Minister M Venkaiah Naidu said on Tuesday.

Naidu was speaking at the 41st Skoch Summit here.

He also urged states to adopt the 42nd and 43rd amendment and delegate powers to urban local bodies. "This is important for ULBs in order for them to become effective," he added.

Naidu also expressed hope that the Real Estate Bill will be taken up in Parliament in the next session.

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