The Real Estate (Regulation and Development) Act, 2016
Chapter-VIII Offences, Penalties and Adjudication
Section 60: Penalty for contravention of section 4.
60. 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.
Reference
*Effective from 01.05.2017.
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