Category Archives: Real Estate Act 2016

Draft Real Estate Agreement Rules approved by Govt

Timely delivery of possession of apartment/plot the essence of Agreement between promoter and buyer, says Draft Rules No time bar for claiming compensation against loss caused to allottee by defective land titles Price to be escalation free Draft Real Estate Agreement Rules approved by Shri M.Venkaiah Naidu Read Draft Real Estate Agreement Rules Timely completion of… Read More »

Allottee Right under Real Estate Act 2016

Allottee right under Real Estate Act 2016 Allottee meaning under Real Estate Act 2016 : [section 2(d)] “allottee” in relation to a real estate project, means the person to whom a plot, apartment or building, as the case may be, has been allotted, sold (whether as freehold or leasehold) or otherwise transferred by the promoter,… Read More »