The Real Estate (Regulation and Development) Act, 2016.
CHAPTER III: FUNCTIONS AND DUTIES OF PROMOTER
Section 15: Obligations Of Promoter In Case Of Transfer Of A Real Estate Project To A Third Party
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Explanation using examples
Imagine that Mr. Sharma is a promoter of a housing project called "Sharma Residency," which is still under construction. He has sold 60% of the apartments to various buyers. Due to financial difficul