menu icon

UP-RERA imposes Rs 1.4 crore fine on 13 developers for violating orders

Dated on: Tuesday 28th February 2023

The Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) has imposed a collective fine of Rs 1.39 crore on 13 developers who have either delayed giving possession to homebuyers or violated its refund/other orders, using its powers under Section 38/63 of the Rera Act, which allows it to fine non-compliant promoters up to 5% of the project cost.

“We found 13 developers across the state have violated executing or complying with the UP-Rera orders, ranging from failing to submit refunds to giving a cumulative fine of Rs 1.39 crore on the developers,” said an official from UP Rera. (ET Reality)

More News
jcb truck1 car1 car2 truck2

About RERA Filing

RERA Services

Useful Links

RERA in states

Contact us

Disclaimer - RERA Filing is a private company which do registration and RERA Consultancy. It is not a government organisation.

Copyright © 2023 RERA Filing. All rights reserved.