LawgistThe Real Estate (Regulation and Development) Act
60Penalty 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.
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OFFENCES, PENALTIES AND ADJUDICATION
- 59 Punishment for nonregistration under section 3
- 60 Penalty for contravention of section 4
- 61 Penalty for contravention of other provisions of this Act
- 62 Penalty for nonregistration and contravention under sections 9 and 10
- 63 Penalty for failure to comply with orders of Authority by promoter
- 64 Penalty for failure to comply with orders of Appellate Tribunal by promoter
- 65 Penalty for failure to comply with orders of Authority by real estate agent
- 66 Penalty for failure to comply with orders of Appellate Tribunal by real estate agent
- 67 Penalty for failure to comply with orders of Authority by allottee
- 68 Penalty for failure to comply with orders of Appellate Tribunal by allottee
- 69 Offences by companies
- 70 Compounding of offences
- 71 Power to adjudicate
- 72 Factors to be taken into account by the adjudicating officer
