UP-RERA penalises serial offenders like Supertech, Parsvnath, Logix Infra

New Delhi: Cracking the whip on serial offenders, UP-RERA has penalised various real estate companies like Supertech, Parsvnath Developers, Logix Infrastructure, IVR Developers, etc, for non-compliance of its orders under Section 63 of the RERA Act.

The authority has put monetary penalty on Parth Infrabuild, Radicon Infrastructure & Housing, Harsha Associates, Green Bay Infrastructure, Green View Cooperative Housing Society, Quality townshipm Rudra Buildwell, Buland Buildtech, Kindle Infraheights and JSS Buildcon, apart from the ones named above.

The Authority also decided that if the promoters of these companies do not pay up the penalty, a recovery certificate will be issued and the DM will be commissioned to collect the amount as arrears of land revenue, said the authority in statement.

 

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