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.
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.