Hardeep Singh Puri, Minister of state for housing and urban affairs said that no promoter shall market, book, sell or offer for sale any plot, flat or building, or part of any project, without first registering the project under the Real Estate Regulatory Authority established under Real Estate (Regulation and Development) Act, 2016.
He was replying to the question raised by YSR Congress (YSRC) MP V Vijaysai Reddy in the Rajya Sabha.
The minister said that according to the Section 59 of the RERA, 2016, a promoter/builder would be liable to be imprisoned for three years or pay a fine of 10% of the project cost if he was not registered under RERA and violated the rules and guidelines under the Act. In some cases, both imprisonment and the fine would be imposed, he added.
Puri further said that his ministry does not maintain data of housing projects. The real estate regulatory authority of the concerned state or Union territory is required to publish and maintain a website of records of relevant details of all real estate projects under its ambit.
While concluding his answer Minister said that a promoter shall get a completion certificate within a period of three months for all projects that were under way on the date of commencement of RERA and for which the certificate had not been issued. The buyers may approach the relevant forum based on the facts and circumstances as per applicable laws, even if the project was not registered under RERA, he clarified.
Hardeep Singh Puri, hold the same portfolio in the first tenure of Narendra Modi-led NDA Government that completed its term this year after which the general assembly elections took place.