As a home buyer, you can register a complaint with RERA or the Appellate Tribunal. Based on the offence you mention, the developer or promoter is charged a penalty. Here is a list of penalties applicable in case they are found guilty.

• Promoters have to pay 10% of the project’s estimated cost if they do not register under RERA. Moreover, they are charged 5% of the project’s estimated cost if they are found giving out false information related to the project.
• For promoters, violation of laws can lead to imprisonment for up to 3 years or cost them 10% of the project’s estimated cost.
• Agents are charged Rs. 10,000 per day up to 5% of the cost of the project, in case they are found conducting construction and sales on their project sans RERA registration.
• Severe non-compliance with RERA will require developers to pay a daily penalty of up to 5% of the project’s probable value.
• In case of non-compliance with the Appellate Tribunal, the penalty is imprisonment for up to 1 year, or 10% of the project’s probable cost, or both.

Moreover, buyers too have to abide by RERA. If you’re found guilty of non-compliance, you will have to pay a daily penalty of up to 5% of the approximate cost of the project. On the other hand, non-compliance with the Appellate Tribunal can lead to imprisonment for up to 1 year, or 10% of the project’s probable cost, or both.

Source : https://www.bajajfinserv.in/insights/know-all-about-rera-act

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