Rajasthan RERA fines developer for delay in possession

By Accommodation Times Bureau

JAIPUR

Rajasthan Real Estate Regulatory Authority (Raj RERA) on Thursday convicted developer of Terra Group and imposed the penalty of Rs 50,000 – 50,000.

The President of Raj RERA Pawan Jumar Goyal gave a decision on the case of Terra Group. The six complaints were filed against the developer.

Pradeep Kapoor, Registrar of Reserve said, “Arun Dhanania, Anant Dhanani, Ratnesh Enterprises Pvt. by Majestic Property Pvt. The Joint Project, Junkels, Bhankarota, Jaipur and complainant Harpreet Singh filed a complaint against the Terra Group of Terra Group, Bhiwadi, against Project Terra Alliance.”

Pradeep said that the developer was found guilty of not giving the possession of the flats to the scheduled time. “The decision to give the compensation of Rs 50 thousand to the complainant was passed by the developer with a penalty of 2 percent under Rare”, he added.





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