Real Estate Regulation Act Updates- MAHARERA
Real Estate Regulation Act Updates- MAHARERA
February 20, 2025 at 05:01 AM
Haryana / Gurugram RERA imposes Rs 50L fine on builder Gurugram RERA imposes Rs 50L fine on builder The Real Estate Regulatory (RERA) Authority, Gurugram, has imposed a penalty of Rs 50 lakh on real estate promoter M/s Birla Estates Private Limited for the violation of Section 3 of the Real Estate (Regulation and Development) Act 2016. Section 3 of the Act states that no promoter shall advertise without registering the project. The promoter had applied for the registration of its upcoming real estate group housing colony, namely Birla Akira, located at Sector 31 and 32-A, Gurugram, under Section 4 of the RERA Act 2016. The promoter published the advertisement while documents of the project were still under scrutiny at the Authority and registration certificate was awaited. *It is important to update and appraise the promoters to adhere to the Rera guidelines..
👍 3

Comments