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Section 67 - Real Estate (Regulation and Development) Act, 2016
67. Penalty for failure to comply with orders of Authority by allottee.-
If any allottee, who fails to comply with, or contravenes any of the orders, decisions or directions of the Authority he shall be liable to a penalty for the period during which such default continues, which may cumulatively extend up to five per cent. of the plot, apartment or building cost, as the case may be, as determined by the Authority.
Related Sections
- Section 76: Crediting Sums Realised by way of Penalties to Consolidated Fund of India or State Account
- Section 24: Salary and Allowances Payable to Chairperson and Members
- Section 13: No Deposit or advance to be taken by Promoter without First Entering Into Agreement for Sale
- Section 16: Obligations of Promoter Regarding Insurance of Real Estate Project
- Section 38: Powers of Authority
Related Acts
- Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017
- Consumer Protection Act, 2019
- Inter-Services Organisations (Command, Control and Discipline) Act, 2023
- Specified Bank Notes (Cessation of Liabilities) Act, 2017
- Right of Children to Free and Compulsory Education (Amendment) Act, 2019
* Only for reference.