Punishment for non-compliance of orders, decisions or directions under RERA - India
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List of State Regulations under RERA - Real Estate Regulation Authority
Punishment for non-compliance of orders, decisions or directions | |||||
Section | Punishment Receiver | Non-Compliance of Order given by | Penalty | Imprisonment | Punishment Clubbing |
63 | Promoter | Real Estate Regulatory Authority | Penalty for every day during which such default continues and may extend up to 5% of the estimated cost of the real estate project. | NA | Only fine |
64 | Promoter | Real Estate Appellate Tribunal | Penalty for every day during which such default continues and may extend up to 10% of the estimated cost of the real estate project. | Term of imprisonment may extend up to 3 years | Either fine or imprisonment or both |
65 | Real Estate Agent | Real Estate Regulatory Authority | Penalty for every day during which such default continues and may extend up to 5% of the estimated cost of the real estate project. | NA | Only fine |
66 | Real Estate Agent | Real Estate Appellate Tribunal | Penalty for every day during which such default continues and may extend up to 10% of the estimated cost of the real estate project. | Term of imprisonment may extend up to 1 year | Either fine or imprisonment or both |
67 | Allottee | Real Estate Regulatory Authority | Penalty for every day during which such default continues and may extend up to 5% of the estimated cost of the real estate project. | NA | Only fine |
68 | Allottee | Real Estate Appellate Tribunal | Penalty for every day during which such default continues and may extend up to 10% of the estimated cost of the real estate project. | Term of imprisonment may extend up to 1 year | Either fine or imprisonment or both |
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