Section 34: Functions Of Authority | The Real Estate (Regulation and Development) Act, 2016.

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Explanation using Example

Imagine a scenario where a homebuyer is looking for a new apartment in a developing area. The buyer wants to ensure that the project is legitimate and that the developer has a good track record. To do this, the buyer visits the website maintained by the Real Estate Regulatory Authority (RERA) as per Section 34 of The Real Estate (Regulation and Development) Act, 2016.

On the website, the buyer finds:

A list of all registered real estate projects in the area, including details about the projects that the buyer is interested in.
Information on whether any projects have been revoked or penalized, which helps the buyer avoid investing in projects with legal issues or bad management.
A list of registered real estate agents, helping the buyer to choose a reliable agent for the purchase process.
The standard fees for real estate transactions in the area, ensuring the buyer is aware of all the costs involved.

This information, maintained by the Authority as mandated by the Act, helps the buyer make an informed decision and protects their interests as an allottee.