Summary:
Kuldip BhatiaLudhiana, July 15The Real Estate Regulatory Authority (RERA), Punjab, has tightened the noose on real estate developers who have failed to fall in line and fulfil the provisions made under the Real Estate (Regulation and Development) Act 2016, framed with the objective of safeguarding the interests of the public. Among the defaulting promoters are eight from Ludhiana, 39 from SAS Nagar (Mohali), nine from Chandigarh, 13 from Delhi and Gurgaon, two from Ropar and one each from Bathinda and Patiala. It was also made clear that non-compliance of the directions shall call for initiation of proceedings for imposition of penalty against defaulting promoters. “However, notices sent to the last known addresses of the promoters were received back either undelivered or due to refusal. The Authority is, therefore, satisfied that the service of notice to these promoters in ordinary manner is not possible,” say the notices..