RERA slaps Rs 50 lakh fine on realtor for launching project without registration
Real estate regulatory authority RERA has imposed a Rs 50 lakh fine on a city-based realtor, Coral Realtors Pvt Ltd, for not registering its ongoing project with the authority.
The realtor faced the penalty for advertising and creating third-party rights in the project prior to its registration, said an official. Pic: Reuters