Real Estate Regulatory Authority (RERA) on Friday seized Rohtas Building office in Lucknow, Uttar Pradesh allegedly over unpaid arrears of RERA and labourers.
According to the Sub-Divisional Magistrate, Shashi Kumar Tripathi, the owner of the building is absconding.
Rohtas Building is situated at Raja Ram Mohan Roy Marg, Lucknow in Uttar Pradesh.
"The Rohtas builders had arrears worth Rs 63 lakh and 98 thousand against RERA and labourers and this amount was not recovered even after issuing them notices several times. Hence, the building has been seized due to non-recovery of the amount," said Tripathi.
According to the Magistrate, stern action has been taken against the builders on the instructions of District Officer Kaushal Raj Sharma, so that the recovery can be done at the earliest.
"The arrear amount against the labourer payment is worth Rs 9 lakh 99 thousand and two recoveries against RERA costing Rs 34 lakh 48 thousand and 19 lakh 50 thousand respectively," said Tripathi.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
