Does The Penalty Amount Go To Buyer Or Govt Under RERA?

I got UP-RERA order for a refund with interest, but builder not responding. Execution order filed. UP-RERA sent execution notice & show-cause notice with penalty under section 63. Next is recovery process. My doubt is if penalty is levied, that amou... Read More

I got UP-RERA order for a refund with interest, but builder not responding. Execution order filed. UP-RERA sent execution notice & show-cause notice with penalty under section 63. Next is recovery process. My doubt is if penalty is levied, that amount will go flat buyer or govt.
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Answer (1)

Shagun Srivastava

Shagun Srivastava

  • Sector-1, Noida

The penalty imposed on the builder will be given to the buyer as per the government guidelines 10% penalty is imposed on the buyer. That 10% will be given to you.

Answered on 30 Mar 2020


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