CGRERA fines Mahaganpati Developers Rs 8 lakh for selling plots without RERA registration

Raipur, Oct 7 (UNI) The Chhattisgarh Real Estate Regulatory Authority (CGRERA) has imposed a penalty of Rs 8 lakh on Mahaganpati Developers, Raipur, for selling plots in a project that was not registered under RERA and directed the developer to register the project with the authority. Mahaganpati Developers had developed a plotted layout project and was selling plots without obtaining RERA registration. Under Section 3 of the Real Estate (Regulation and Development) Act, 2016, a project requiring registration cannot advertise, market, book or offer for sale any plot or unit without registering it with the authority. CGRERA took suo motu…