Section 29 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Penalty for breach of the provisions of this Act

(1) If a promoter or an Association or an apartment owner
contravenes any provision of this Act or the rules made thereunder,
or commits the breach of any provision of bye-law of the
Association or of the terms and conditions of the Deed of
Apartment, or does anything detrimental to the health or safety of
the public, the Competent Authority may issue, either suo motu or
on an application from any person affected, a notice to such
promoter or Association or an apartment owner to show cause why
penalty should not be imposed and if no sufficient cause is shown,
the Competent Authority may impose for each breach or
contravention, a penalty of maximum one per cent of the price of
the apartment or one thousand rupees, whichever is greater, and a
further minimum penalty for each apartment of one hundred rupees
for each day till the breach or contravention continues.
(2) The penalty under sub-section (1) may be recovered as
an arrear of land revenue in case a promoter or an Association or
an apartment owner on which such penalty is imposed fails to pay
such penalty within a time, as determined by the Competent
Authority, not exceeding fifteen days.

Practice area's of B K Goyal & Co LLP

Company Registration Services in major cities of India

Complete CA Services

RERA Services

Most read resources