Despite a notification by the district administration, no realtor in Gurgaon has turned up to get the mandatory licence to run property dealing business in the district. Authorities are now planning to slap a fine on defaulting property dealers from next week. "Any individual found indulging in property dealing without a valid licence will be fined Rs 50,000 and in case of a society, company or organization the fine amount will be Rs 1 lakh," said Rajendra Kataria, deputy commissioner.
Under Section 17(2) of Haryana Regulation of Property Dealers and Consultants Act 2008, the administration can impose a heavy fine on the property dealers operating without a valid licence, said officials.
Kataria said the district administration had started a survey to identify property dealers operating in the district without valid licence. "SDMs, tehsildars and niab tehsildars have also been directed to conduct videography and photography of all property dealers. The survey is expected to be completed next week," Kataria added.
Source: Times Of India No Gurgaon realtor turns up for licence
