U.P. RERA imposes penalty of over Rs. 66 Lacs against 6 promoters including 2 Authorities for non-compliance

Gautam Budh Nagar/Lucknow, January 31, 2022: The U.P. RERA, in its 83^rd meeting held on January 31, 2022 under the chairmanship of Rajive Kumar, reviewed the status of compliance of its orders by respective promoters. The meeting was attended by its members Balvinder Kumar, Kalpana Misra, Bhanu Pratap Singh, Secretary Rajeev Kumar Tyagi and other officers. 

The Authority noted with displeasure that some of the promoters have indulged in non-compliance of its orders besides granting them sufficient time for the same. 

The Authority, using its powers under section 38/63 of the RERA Act which empowers it to penalise the non-compliant promoters with up to 5% of the cost of the project, decided to impose appropriate amount of penalty against the promoters as per the details given below: 

The Authority further directed the promoters to submit the compliance report of its orders within 15 days and deposit the amount of penalty within 30 days, otherwise the amount of penalty shall be recovered as arrears of land revenue. 

Compliance of orders passed by the benches of U.P. RERA is an important step to ensure justice to home buyers. The promoters had been found violating the orders passed by the Authority on the complaints of allottees.  

Rajive Kumar, Chairman, U.P. RERA said that Uttar Pradesh RERA is fully committed to protect the interests of homebuyers and is taking all possible steps to regulate the real estate sector of the state according to the RERA Act.