The MahaRERA, in a landmark directive, has instructed a developer to pay a penalty, the failure of which would lead to doubling of the penalty amount every month, for failing to adhere to an earlier order. 

As per the case, Vishal Raut, 42, an Andheri resident, had invested Rs 4.7 lakh in 2012 in a non-agricultural bungalow plot at M/s Ginger Country Living Private Limited’s Ginger Hill project at Kharade village in Shahapur. As per the agreement, the payment was made for a 1,900-sq ft (approx) hilltop plot for a total consideration of Rs 7 lakh.