Assam tribunal upholds penalty on promoter for non-registration of real estate project

GUWAHATI: The Assam Real Estate Appellate Tribunal (REAT) has upheld an order of Real Estate Regulatory Authority, Assam, imposing a penalty of Rs 2 lakh on a promoter for not registering a real estate project.

The appellant was found to have violated sub-section (1) of section 3 of the Real Estate (Regulation and Development) Act, 2016 under which it was required to apply for registration of the project.

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