Filling of complaints under RERA
- Any aggrieved person may file a complaint with RERA for any violation of the provisions of the Act.
- In case the person is not satisfied with the decision made by RERA or its officer, he may file an appeal before the RERA Appellate Tribunal within a period of 60 days
- From the date of decision made by Appellate Tribunal, person can file appeal to High Court within 60 days
Penalties and Punishments under RERA
- On Promoters / Builders
| Offence | Penalties / Punishment |
| Non registration of a project | 10% of the estimated cost of real estate project |
| Violation of law | Imprisonment for up to 3 years with or without fine for 10% of the estimated cost of project |
| Providing false information | 5% of the estimated cost of project |
| Other contraventions | 5% of the estimated cost of project
|
- On Agents
| Offence | Penalties / Punishment |
| Non registration of a project | Rs. 10,000 per day of default which may extend up to 5% of the cost of property |
| Failure to comply with Authority | Penalty on a daily basis which may extend up to 5% of the estimated cost of plot |
| Failure to comply with Tribunal | Imprisonment for up to 1 year with or without fine of 10% of the estimated cost of the project |
FOR MORE DETAILS CALL:
VED LEGAL,
Adv. Gajanan Rahate
Mob: 9763040088
E_mail: [email protected]
