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UP RERA imposes Rs 1.05 crore penalty on nine developers

Dated on: Monday 13th June 2022

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) fined 9 promoters Rs 1.05 crore for failing to comply with its order.

In its 93rd meeting, the authority reviewed the promoters' compliance with its orders.

The authority discovered that some of the promoters disobeyed its directions despite the authority allowing them considerable time.

Summarized: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has fined nine real estate promoters Rs 1.05 crore for failing to comply with its order. The authority discovered that some of the promoters disobeyed its directions despite being given time to do so by the authority.

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