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Uttar Pradesh RERA: UP-RERA imposes penalty on five promoters in violation of advertisement and promotion rules, ET RealEstate

Uttar Pradesh RERA: According to the Pramod Kumar Upadhyay, secretary, UP-RERA, "the amount of penalty being imposed is only a token. As per the provisions of the RERA Act, this penalty could be up to 5 percent of the project cost but authority considered the conditions and imposed the penalty."

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