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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 37: Powers of Authority to Issue Directions
- Section 24: Salary and Allowances Payable to Chairperson and Members
- Section 43: Establishment of Real Estate Appellate Tribunal
- Section 74: Grants And Loans By State Government
- Section 40: Recovery of Interest or Penalty or Compensation and Enforcement of Order, Etc
Related Acts
* Only for reference.