# The Real Estate (Regulation & Development) Act, 2016, Section 63

- Act: The Real Estate (Regulation & Development) Act, 2016 (Act 16 of 2016)
- Source URL: https://indiacode.ecourtsindia.com/real-estate-regulation-development-act-2016-jharkhand/section/63/

## Text

If any promoter, who fails to comply with, or contravenes any of the orders or directions of the Authority, he shall be liable to a penalty for every day during which such default continues, which may cumulatively extend up to five per cent., of the estimated cost of the real estate project as determined by the Authority.

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