Filling of complaints under RERA

  • Any aggrieved person may file a complaint with RERA for any violation of the provisions of the Act.
  • In case the person is not satisfied with the decision made by RERA or its officer, he may file an appeal before the RERA Appellate Tribunal within a period of 60 days
  • From the date of decision made by Appellate Tribunal, person can file appeal to High Court within 60 days

 

Penalties and Punishments under RERA

  • On Promoters / Builders
OffencePenalties / Punishment
Non registration of a project10% of the estimated cost of real estate project
Violation of lawImprisonment for up to 3 years with or without fine for 10% of the estimated cost of project
Providing false information5% of the estimated cost of project
Other contraventions5% of the estimated cost of project

 

  • On Agents
OffencePenalties / Punishment
Non registration of a projectRs. 10,000 per day of default which may extend up to 5% of the cost of property
Failure to comply with AuthorityPenalty on a daily basis which may extend up to 5% of the estimated cost of plot
Failure to comply with TribunalImprisonment for up to 1 year with or without fine of 10% of the estimated cost of the project

 

FOR MORE DETAILS CALL:

VED LEGAL,

Adv. Gajanan Rahate

Mob: 9763040088

E_mail: [email protected]