Section 3 of RERA : Section 3: Prior Registration Of Real Estate Project With Real Estate Regulatory Authority

RERA

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Explanation using Example

Imagine a scenario where Mr. Sharma is a real estate developer who plans to launch a new housing project called "Sunrise Apartments" in a designated planning area. According to Section 3(1) of The Real Estate (Regulation and Development) Act, 2016, before he can advertise or sell any units in his project, he must first register "Sunrise Apartments" with the Real Estate Regulatory Authority (RERA).

If Mr. Sharma had started the "Sunrise Apartments" project before the commencement of the Act and has not yet received the completion certificate, he must register the project with RERA within three month...

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