Real Estate (Regulation and Development) Act, 2016 at Meripustak

Real Estate (Regulation and Development) Act, 2016

Books from same Author: CA. PRAVIN M. BANGAR

Books from same Publisher: Bharat Law House Pvt. Ltd.

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  • General Information  
    Author(s)CA. PRAVIN M. BANGAR
    PublisherBharat Law House Pvt. Ltd.
    Edition3rd edition
    ISBN9788197469183
    Pages784
    Bindingpaperback
    LanguageEnglish
    Publish YearJuly 2024

    Description

    Bharat Law House Pvt. Ltd. Real Estate (Regulation and Development) Act, 2016 by CA. PRAVIN M. BANGAR

    Part 1

    The Real Estate (Regulation and Development) Act, 2016

    Chronology of the events

    Real Estate (Regulation & Development) Act, 2016 [RERA] — Implementation Progress Report

    Objects of Real Estate (Regulation and Development) Act, 2016

    The Real Estate (Regulation and Development) Act, 2016
    (No. 16 of 2016)

    CHAPTER I

    PRELIMINARY

    Section 1         Short title, extent and commencement

    Section 2         Definitions

    CHAPTER II

    REGISTRATION OF REAL ESTATE PROJECT AND
    REGISTRATION OF REAL ESTATE AGENTS

    Section 3         Prior registration of real estate project with Real Estate Regulatory Authority

    Section 4         Application for registration of real estate projects

    Section 5         Grant of Registration

    Section 6         Extension of Registration

    Section 7         Revocation of Registration

    Section 8         Obligation of Authority consequent upon lapse of or on revocation of registration

    Section 9         Registration of Real Estate Agents

    Section 10       Functions of Real Estate Agents

    CHAPTER III

    FUNCTIONS AND DUTIES OF PROMOTER

    Section 11       Functions and duties of promoter

    Section 12       Obligations of promoter regarding veracity of the advertisement or prospectus

    Section 13       No deposit or advance to be taken by promoter without first entering into agreement for sale

    Section 14       Adherence to sanctioned plans and project specifications by the promoter

    Section 15       Obligations of promoter in case of transfer of a real estate project to a third party

    Section 16       Obligations of promoter regarding insurance of real estate project (Section 16)

    Section 17       Transfer of title

    Section 18       Return of amount and compensation

    CHAPTER IV

    RIGHTS AND DUTIES OF ALLOOTTEES

    Section 19       Rights and Duties of Allottees

    CHAPTER V

    REAL ESTATE REGULATORY AUTHORITY

    Section 20       Establishment and incorporation of Real Estate Regulatory Authority

    Section 21       Composition of Authority

    Section 22       Qualifications of Chairperson and Members of Authority

    Section 23       Term of office of Chairperson and Members

    Section 24       Salary and allowances payable to Chairperson and Members

    Section 25       Administrative powers of Chairperson

    Section 26       Removal of Chairperson and Members from office in certain circumstances

    Section 27       Restrictions on Chairperson or Members on employment after cessation of office

    Section 28       Officers and other employees of Authority

    Section 29       Meeting of Authority

    Section 30       Vacancies etc., not to invalidate proceeding of Authority

    Section 31       Filing of complaints with the Authority or the adjudicating officer

    Section 32       Functions of Authority for promotion of real estate sector

    Section 33       Advocacy and awareness measures

    Section 34       Functions of Authority

    Section 35       Powers of Authority to call for information, conduct investigations

    Section 36       Power to issue interim orders

    Section 37       Powers of Authority to issue directions

    Section 38       Powers of Authority

    Section 39       Rectification of orders

    Section 40       Recovery of interest or penalty or compensation and enforcement of order, etc.

    CHAPTER VI

    CENTRAL ADVISORY COUNCIL

    Section 41       Establishment of Central Advisory Council

    Section 42       Functions of Central Advisory Council

    CHAPTER VII

    REAL ESTATE APPELLATE TRIBUNAL

    Section 43       Establishment of Real Estate Appellate Tribunal

    Section 44       Application for settlement of disputes and appeals to Appellate Tribunal

    Section 45       Composition of Appellate Tribunal

    Section 46       Qualifications for appointment of Chairperson and Members

    Section 47       Term of office of Chairperson and Members

    Section 48       Salary and allowances payable to Chairperson and Members

    Section 49       Removal of Chairperson and Member from office in certain circumstances

    Section 50       Restrictions on Chairperson or Judicial Member or Technical or Administrative Member on employment after cessation of office

    Section 51       Officers and other employees of Appellate Tribunal

    Section 52       Vacancies

    Section 53       Powers of Tribunal

    Section 54       Administrative powers of Chairperson of Appellate Tribunal

    Section 55       Vacancies, etc., not to invalidate proceeding of Appellate Tribunal

    Section 56       Right to legal representation

    Section 57       Orders passed by Appellate Tribunal to be executable as a decree

    Section 58       Appeal to High Court

    CHAPTER VIII

    OFFENCES, PENALTIES AND ADJUDICATION

    Section 59       Punishment for non-registration under section 3

    Section 60       Penalty for contravention of section 4

    Section 61       Penalty for contravention of other provisions of this Act

    Section 62       Penalty for non-registration and contravention under sections 9 and 10

    Section 63       Penalty for failure to comply with orders of Authority by promoter

    Section 64       Penalty for failure to comply with orders of Appellate Tribunal by promoter

    Section 65       Penalty for failure to comply with orders of Authority by real estate agent

    Section 66       Penalty for failure to comply with orders of Appellate Tribunal by real estate agent

    Section 67       Penalty for failure to comply with orders of Authority by allottee

    Section 68       Penalty for failure to comply with orders of Appellate Tribunal by allottee

    Section 69       Offences by companies

    Section 70       Compounding of offences

    Section 71       Power to adjudicate

    Section 72       Factors to be taken into account by the adjudicating officer

    CHAPTER IX

    FINANCE, ACCOUNTS, AUDITS AND REPORTS

    Section 73       Grants and loans by Central Government

    Section 74       Grants and loans by State Government

    Section 75       Constitution of Fund: 'Real Estate Regulatory Fund'

    Section 76       Crediting sums realised by way of penalties to Consolidated Fund of India or State account

    Section 77       Budget, accounts and audit

    Section 78       Annual report

    CHAPTER X

    MISCELLANEOUS

    Section 79       Bar of Jurisdiction

    Section 80       Cognizance of Offences

    Section 81       Delegation

    Section 82       Power of appropriate Government to supersede Authority

    Section 83       Powers of appropriate Government to issue directions to Authority and obtain reports and returns

    Section 84       Power of appropriate Government to make rules

    Section 85       Power to make regulations

    Section 86       Laying of rules

    Section 87       Members etc., to be public servants

    Section 88       Application of other laws not barred

    Section 89       Act to have overriding effect

    Section 90       Protection of action taken in good faith

    Section 91       Power to remove difficulties

    Section 92       Repeal of Maharashtra Act No. II of 2014

    Part 2

    State Rules

    1       Andaman and Nicobar Islands Real Estate (Regulation and Development) (General) Rules, 2016

    2       Andhra Pradesh Real Estate (Regulation and Development) Rules, 2017

    3       Bihar Real Estate (Regulation and Development) Rules, 2017

    4       Chandigarh Real Estate (Regulation and Development) (General) Rules, 2016

    5       National Capital Territory of Delhi Real Estate (Regulation and Development) (General) Rules, 2016

    6       Dadra and Nagar Haveli Real Estate (Regulation and Development) (General) Rules, 2016

    7       Daman and Diu Real Estate (Regulation and Development)
    (General) Rules, 2016

    8       Goa Real Estate (Regulation and Development) (Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2017

    9       Gujarat Real Estate (Regulation and Development) (General) Rules, 2017

    10     Haryana Real Estate (Regulation and Development) Rules, 2017

    11     Karnataka Real Estate (Regulation and Development) Rules, 2017

    12     Kerala Real Estate (Regulation and Development) Rules, 2018

    13     Madhya Pradesh Real Estate (Regulation and Development) Rules, 2017

    14     Maharashtra Real Estate (Regulation and Development) (Registration of real estate projects, Registration of real estate agents, rates of interest and disclosures on website) Rules, 2017

    15     Punjab State Real Estate (Regulation and Development) Rules, 2017

    16     Rajasthan Real Estate (Regulation and Development) Rules, 2017

    17     Tamil Nadu Real Estate (Regulation and Development) Rules, 2017

    18     Uttar Pradesh Real Estate (Regulation and Development) Rules, 2016

    19     Uttarakhand Real Estate (Regulation and Development) (General) Rules, 2017