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[Cites 0, Cited by 0] [Section 47] [Entire Act]

State of Andhra Pradesh - Subsection

Section 47(1) in Andhra Pradesh Real Estate (Regulation and Development) Rules, 2017

(1)The court shall, for the purposes of compounding any offence specified under section 70, accept a sum of money as specified in the Table below:
S.No. Offence Money to be paid for compounding the offence
1 Imprisonment under sub section (2) of section 59 10% of the estimated cost of the real estateproject.
2 Imprisonment under section 64 10% of the estimated cost of the real estateproject.
3 Imprisonment under section 66 10% of the estimated cost of the plot, apartmentor building, as the case may be, of the real estate project, forwhich the sale or purchase has been facilitated.
4 Imprisonment under section 68 10% of the estimated cost of the plot, apartmentor building, as the case may be.
"Provided that the Government may, by notification in the official gazette, amend the rates specified in the table above."