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Section 60 - Real Estate (Regulation and Development) Act, 2016
60. Penalty for contravention of section 4.-
If any promoter provides false information or contravenes the provisions of section 4, he shall be liable to a penalty which may extend up to five per cent. of the estimated cost of the real estate project, as determined by the Authority.
Related Sections
- Section 51: Officers and Other Employees of Appellate Tribunal
- Section 61: Penalty for Contravention of Other Provisions of this Act
- Section 49: Removal of Chairperson and Member from Office in Certain Circumstances
- Section 65: Penalty For Failure to Comply With Orders of Authority By Real Estate Agent
- Section 13: No Deposit or advance to be taken by Promoter without First Entering Into Agreement for Sale
Related Acts
* Only for reference.