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GOA RERA slaps penalty for registration of ongoing project post 31 March 2018

Dated on: Tuesday 3rd April 2018

GOA RERA, in an order passed on Monday, has decided to impose the penalty on the application for registration of ongoing projects to be received after 31 March 2018. A penalty of Rs 1,00,000 will be levied for Registrations applications received between 01/04/2018 to 30/04/2018. From 01 May 2018, double penalty i.e. Rs 2,00,000 will be fined on builders till 01/07/2018.

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