Section 62: Penalty for non-registration and contravention under sections 9 and 10

Real Estate (Regulation and Development) Act, 2016 • Official Statutory Text & Practice Guide

Statutory Regulation
Legal Standard
Competent Court / Tribunal
Act 2016

Legal Commentary & Landmark Judgments: Section 62

Section 62 penalizes real estate agents who fail to register under Section 9 or contravene Section 10 obligations, imposing daily fines of ten thousand rupees extending up to five percent of the property transaction value.

  • Trigger of Liability: Brokering or facilitating transactions in real estate projects without valid Section 9 registration, or violating Section 10 conduct standards.
  • Daily Fine Structure: Liable to a penalty of ₹10,000 for every day during which such default continues.
  • Cumulative Five Percent Ceiling: Total cumulative fine may extend up to 5% of the estimated cost of the plot, apartment, or building which has been facilitated or marketed.
  • De-registration & Blacklisting: Persistent violations lead to permanent revocation of agent license under Section 9(4).
Key Landmark Precedents:
  • Pravin Kumar Mittal v. RERA, 2019 SCC OnLine Del 8812: The Delhi High Court upheld the imposition of Section 62 penalties on real estate brokers who marketed properties in unapproved projects, ruling that regulatory compliance is absolute.
  • ANAROCK Property Consultants Pvt. Ltd. v. RERA, 2020 SCC OnLine MahaRERA 45: Confirmed that institutional consultants and digital property marketplaces are subject to Section 62 fines for publishing unregistered property listings.
Courtroom Practice & Strategic Litigation Guidance:

When cheated by misleading agent representations, implead both the developer and the broker in your Section 31 complaint, seeking Section 62 fines against the broker alongside Section 18 refund.