Bare ActsThe Real Estate (Regulation And Development ) Act, 2016

Section 59

(I) If any promoter contravenes the provisions of section 3

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(I) If any promoter contravenes the provisions of section 3. he shall be liable to a non- penalty which may extend up to ten per cent. of the estimated cost of the real estate project registration ' and“ as determined by the Authority. section 3. (2) If any promoter does not comply with the orders. decisions or directions issued under sub-section (l) or continues to violate the provisions ofsection 3. he shall be punishable with imprisonment for a term which may extend up to three years or with fine which may extend u to a further te ' . ' ' bom p n per cent of the estimated cost of the real estate project, or with Scanned by CamScanner Sec. 1] THE GAZETTE OF INDIA EXTRAORDINARY 29

Section 59 – The Real Estate (Regulation And Development ) Act, 2016 | DailyLaw.ai