Real Estate Transactions

UP RERA levies penalty of Rs.1.4 Cr against 13 developers

Economic Times  

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has imposed penalty of INR 1 crore 39 lakh against 13 promoters after reviewing the status of compliance of its orders by the promoters. UP RERA has decided to impose penalty against SRB Promoters Pvt. Ltd., Gardenia India Promoters Pvt. Ltd, AIMS Golf Town Developers Pvt. Ltd, MV Infrastructures and Housing Pvt. Ltd, Elegant Infracon Pvt. Ltd, Redicon Infrastructures Pvt. Ltd, Decent Buildwell Pvt. Ltd, Uttam Steel and Associate (Consortium), JSS Buildcon Pvt. Ltd, Earthcon Construction Pvt. Ltd, Opulent Infradevelopers Pvt. Ltd, Aura Buildwell Pvt. Ltd and Green Bay Infrastructures Pvt. Ltd.

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