Himachal RERA Slaps Rs 70 Lakh Penalty on Chester Hills Solan Projects
3 min readShimlaApr 19, 2026 05:53 PM IST The Himachal Pradesh Real Estate Regulatory Authority (HP RERA) has imposed a cumulative interim penalty of Rs 70 lakh on the promoters of the Chester Hills-2 and Chester Hills-4 residential projects in Solan. The orders cite serious statutory violations, including financial irregularities and unauthorised deviations in construction under the Real Estate (Regulation and Development) Act, 2016. In two suo motu orders, the Authority levied a penalty of Rs 35 lakh on each project promoted by Hansraj Thakur. The promoters were held prima facie guilty of violating Section 4(2)(l)(D) of the RERA Act, which mandates that 70 per cent of funds received from allottees be kept in a separate bank account and utilised strictly for construction and land costs. The Tribunal, headed by RERA chairperson R D Dhiman and member Vidur Mehta, delivered the orders on April 17 following a March 23 hearing. The orders stated that although some complainants withdrew their complaints, the suo motu proceedings pertaining to the alleged violations, including allegations of benami transactions, especially …


