Promoters violate RERA norms in Gurugram, fined
The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has imposed penalties totalling Rs 1.25 crore on two promoters for violations under the Real Estate (Regulation and Development) Act, 2016.
M/s Vatika Ltd has been penalised Rs 1 crore for failing to register the ongoing project, ‘Vatika India Next Phase-II’, within the stipulated timeframe, contravening Section 3(1) of the Act.
Godrej Developers & Properties LLP has been fined Rs 25 lakh for not completing the ‘Godrej Air Phase-2’ project within the declared timelines, in violation of Section 4 (2)(l)(C).
These actions follow non-compliance with mandatory registration requirements and failure to deliver projects as per the committed schedule.
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