The Gurugram bench of the Haryana real estate regulatory authority HRERA has imposed penalties of Rs 25 lakh each on five builders after they failed to deliver their housing units to buyers on time.The regulator, however, allowed the realtors RERA registration certificates to remain in force with new timelines for completion of their projects.As per the official statement, Identity Buildtech Private Limited has been fined for not completing its project Ansal Highland Park at Sector 103 within the declared timeline of June 2022.
The real estate regulatory authority (RERA), Gurugram, has imposed a penalty of Rs 25 lakh each on five builders for failing to complete the projects within their respective declared timelines which violates the provisions of the RERA Act 2016.
Get latest articles and stories on Latest News at LatestLY. The Gurugram bench of the Haryana real estate regulatory authority (HRERA) has imposed penalties of Rs 25 lakh each on five builders after they failed to deliver their housing units to buyers on time. Latest News | Haryana Real Estate Regulator Imposes Penalties of Rs 25 Lakh Each on Five Builders in Gurugram.
The real estate regulatory authority (RERA), Gurugram, has imposed a penalty of Rs 25 lakh each on five builders for failing to complete the projects within their respective declared timelines which violates the provisions of the RERA Act .