The Real Estate (Regulation and Development) Act

Punishment for nonregistration under section 3

Penalty for contravention of section 4

Penalty for contravention of other provisions of this Act

Penalty for nonregistration and contravention under sections 9 and 10

Penalty for failure to comply with orders of Authority by promoter

Penalty for failure to comply with orders of Appellate Tribunal by promoter

Penalty for failure to comply with orders of Authority by real estate agent

Penalty for failure to comply with orders of Appellate Tribunal by real estate agent

Penalty for failure to comply with orders of Authority by allottee

Penalty for failure to comply with orders of Appellate Tribunal by allottee

Offences by companies

Compounding of offences

Power to adjudicate

Factors to be taken into account by the adjudicating officer


OFFENCES, PENALTIES AND ADJUDICATION


(1) If any promoter contravenes the
provisions of section 3, he shall be liable to a penalty which may extend up to ten per cent. of the
estimated cost of the real estate project as determined by the Authority.

(2) If any promoter does not comply with the orders, decisions or directions issued under sub-section
(1) or continues to violate the provisions of section 3, he shall be punishable with imprisonment for a term
which may extend up to three years or with fine which may extend up to a further ten per cent. of the
estimated cost of the real estate project, or with both.

LAWGIST

# 59 Punishment for nonregistration under section 3