India, Sept. 30 -- The Gurugram district administration has launched a major recovery drive against 71 real estate developers who have failed to pay nearly Rs.486 crore in penalties and other dues arising from orders passed under the Real Estate (Regulation and Development) Act (RERA).

As part of the action, the administration plans to freeze the bank accounts of the defaulting developers and attach their properties to recover the outstanding amount. Officials said criminal proceedings could also be initiated against builders who fail to clear their dues, with the possibility of arrest in cases where recovery remains unsuccessful.

The administration is also expected to coordinate with the revenue and other concerned departments during t...