Pre Deposit Before RERA Appeal Punjab Haryana Authority
Under Section 43(5) of the RERA Act, 2016, a promoter must deposit at least 30% of the penalty or the total amount ordered (including interest/compensation) before the Real Estate Appellate Tribunal can hear an appeal. This mandatory pre-deposit ensures buyer protection and verifies the promoter’s bona fides. This report looks into a judgment of Punjab … Read more
