Updated On: 03 August, 2017 10:14 AM IST | Mumbai | Chetna Sadadekar
<p>At a time when the state government is looking at various sources to raise revenue, its newest entity the Real Estate Regulatory Authority (RERA) is doing just this</p>


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At a time when the state government is looking at various sources to raise revenue, its newest entity is doing just this. The Real Estate Regulatory Authority (RERA) has earned around Rs 90-crore through registrations in the past three months. And now, the defaulters who came forward to register with RERA in the past two days (August 1 and 2), soon after the deadline ended, will have to dish out a penalty of Rs 50,000, apart from regular registration fees.