THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF HOUSING AND URBAN AFFAIRS
(SHRI HARDEEP SINGH PURI)
(a) to (d): Contravention of the provisions of Section 3(1) of the Real Estate (Regulation and Development) Act, 2016 (the Act) on prior registration of real estate projects or registration of ongoing projects, will incur a penalty which may extend up
to ten percent of the estimated cost of the real estate project as determined by the Authority. Further, non-compliance with the orders, decisions or directions issued under Section 3(1) or on continued violation of the provisions of Section 3, the builder shall be punishable with imprisonment for a term which may extend up to three years or with a fine which may extend up to a further ten percent of the estimated cost of the real estate project, or with both under provisions of Section 59 of the Act.
It is the responsibility of the Real Estate Regulatory Authorities established in the States/Union Territories (UTs) to ensure registration of the real estate projects and to take action under the provisions of the Act against the promoter(s) concerned in case of violation thereof.
Information regarding non-registration of real estate projects by promoters/builders is not maintained by the Ministry of Housing and Urban Affairs.
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