Rs 70 lakh interim penalty: Himachal RERA cracks down on Solan’s Chester Hills projects over financial ‘irregularities’
Indian Express·3h ago·Neutral
What Happened
Himachal Pradesh RERA imposed Rs 70 lakh cumulative interim penalty on Chester Hills-2 and Chester Hills-4 projects in Solan. The Authority found the promoter Hansraj Thakur guilty of financial irregularities, unauthorised construction deviations, and violating fund management requirements under RERA 2016. Proceedings continue regarding alleged benami transactions and land reform violations.
Key Entities
Himachal Pradesh RERAChester Hills-2Chester Hills-4SolanHansraj ThakurR D DhimanVidur MehtaReal Estate Regulation and Development Act 2016