66. Penalty for failure to comply with orders of Appellate Tribunal by real estate agent.—If any real estate agent, who fails to comply with, or contravenes any of the orders, decisions or directions of the Appellate Tribunal, he shall be punishable with imprisonment for a term which may extend up to one year or with fine for every day during which such default continues, which may cumulatively extend up to ten per cent. of the estimated cost of plot, apartment or building, as the case may be, of the real estate project, for which the sale or purchase has been facilitated, or with both.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Prior registration of real estate project with Real Estate Regulatory Authority.Section 4 · Application for registration of real estate projects.Section 5 · Grant of registration.Section 6 · Extension of registration.Section 7 · Revocation of registration.Section 8 · Obligation of Authority consequent upon lapse of or on revocation of registration.India Code, Government of India. Text fetched 14 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.