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HP real estate regulator fines two developers 70 lakh rupees for misusing funds and violating rules.
The Himachal Pradesh Real Estate Regulatory Authority has fined two housing project promoters 70 lakh rupees for misusing buyer funds and violating construction rules.
The investigation found money was diverted from accounts, construction was slow, and building plans were changed without permission.
The regulator ordered the fines to be paid within 30 days and stated further action is possible.
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El regulador de bienes raíces de HP multó a dos desarrolladores con 70 lakh rupias por mal uso de fondos y violación de reglas.