Delhi Real Estate Regulatory Authority (D-RERA) has warned all the builders against rule violations and asked them to get their residential or commercial projects registered with it immediately

A directive, issued on September 4, has said that failure to comply with the directions will invite a fine up to 10 per cent of the estimated cost of the project or imprisonment up to three years or both.

Speaking to PTI, Delhi-RERA Chairman Anand Kumar said that there have been several cases in which builders in Delhi haven't registered their residential and commercial projects that fall within the purview of RERA.

According to him, four types of projects mandatorily require RERA registration.

"In the first category are those real estate projects which are being developed, either in part or full, for the purpose of lease or sale on plot size of more than 500 sq mts. In the second category are those projects which envisage construction of more than 8 flats, apartments, floors, shops, commercial or office units, in all phases on any size of plot for the purpose of sale or lease," Kumar said.

The third category, according to him, are projects in which plots are sold or leased on the land area of more than 500 square metres.