Section 35 of RERA : Section 35: Powers Of Authority To Call For Information, Conduct Investigations
RERA
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Explanation using Example
Example of Section 35 of The Real Estate (Regulation and Development) Act, 2016
Imagine a scenario where a group of homebuyers have complaints about a real estate developer who has delayed the possession of their apartments beyond the agreed timeline. The buyers suspect that the developer has diverted funds instead of using them for the construction of the housing project.
One of the homebuyers decides to file a complaint with the Real Estate Regulatory Authority (RERA) regarding this issue. Acting on the complaint, RERA exercises its powers under Section 35 of the Real Estate (Regulation and Development) Act, 2016. The Authority issues an order for the developer to furnish detailed accounts and other relevant documents explaining the delay and the use of the funds.
Furthermore, RERA appoints an investigator to look into the developer's affairs and uses its powers akin to a civil court to summon the developer and related parties for examination under oath. Through this process, RERA aims to uncover any malpractices and ensure that the rights of the homebuyers are protected.