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Section 61 - Real Estate (Regulation and Development) Act, 2016
61. Penalty for contravention of other provisions of this Act.-
If any promoter contravenes any other provisions of this Act, other than that provided under section 3 or section 4, or the rules or regulations made thereunder, 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 46: Qualifications for Appointment of Chairperson and Members
- Section 83: Powers of Appropriate Government to Issue Directions to Authority and Obtain Reports and Returns
- Section 40: Recovery of Interest or Penalty or Compensation and Enforcement of Order, Etc
- Section 80: Cognizance of Offences
- Section 73: Grants and Loans By Central Government
Related Acts
* Only for reference.