RERA Penalty Challenged in Appeal- HREAT
Can HRERA Forfeit a Developer’s Security Deposit for a Minor Delay Caused by Government Approvals? The ruling emphasizes that RERA penalty challenged under the Real Estate (Regulation and Development) Act, 2016 (RERA) must be fair, proportionate, and based on a proper consideration of facts rather than being imposed mechanically. When a RERA penalty challenged, promoters … Read more
