Central · Act 16 of 2016

Section 62 — Penalty for nonregistration and contravention under sections 9 and 10.

The Real Estate (Regulation and Development) Act, 2016.

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If any real estate agent fails to comply with or contravenes the provisions of section 9 or section 10, he shall be liable to a penalty of ten thousand rupees for every day during which such default continues, which may cumulatively extend up to five per cent. of the 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 as determined by the Authority.

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India Code, Government of India. Text fetched 10 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.

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Section 62 — Penalty for nonregistration and contravention under sections 9 and 10. | The Real Estate (Regulation and Development) Act, 2016. | NYAYA SIGNALNYAYA SIGNAL · Free access · Official source references

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