TNRERA imposed penalty of Rs 10,00,000 on Dawning Developers & Casagrand Builder
Dated on: Monday 15th March 2021The Tamil Nadu Real Estate Authority has imposed a penalty of Rs 10 lakh on two developers for factual misrepresentation of RERA registration number in their portals.A complaint was filed with the TNRERA over usage of the same RERA registration number for two housing projects at Athipattu and Perumbakkam.The TNRERA, in its order, said that mentioning Nolambur as the location for a project situated at Athipattu in Ambattur Taluk amounted to misleading prospective homebuyers.Similarly, for another project at Vengaivasal, the location was mentioned as Medavakkam. While imposing a penalty of Rs 10 lakh, the TNRERA directed developers to immediately remove all factual misrepresentations.
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