Jharkhand RERA Penalizes 77 Builders for Reporting Delays

Dated on: Monday 13th April 2026

The Jharkhand Real Estate Regulatory Authority has imposed a total fine of ₹83.5 lakh on 77 builders for failing to submit mandatory quarterly progress reports on time. Authorities issued notices to over 100 developers, but many failed to respond or comply. Each defaulter was penalized for delays, highlighting serious gaps in regulatory adherence. JRERA has warned of stricter action, including freezing bank accounts, if penalties remain unpaid. The action aims to enforce transparency, ensure timely project updates, and protect the interests of homebuyers across the state’s real estate sector.