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CS Executive · Economic, Commercial and Intellectual Property Laws · Real Estate Regulation and Development Law

Kaveri Realty Pvt Ltd, a promoter in Pune, is planning to launch a housing project. A colleague asks which body is empowered under the RERA Act, 2016 to register and regulate real estate projects and real estate agents. Which is correct?

The Authority under the Act registers and regulates real estate projects and real estate agents, as listed among its functions in Section 34(a). The Central Advisory Council merely advises the Central Government and has no registration role.

  1. AThe Authority established under the ActCorrect
  2. BThe Central Advisory Council
  3. CThe real estate agent's association
  4. DThe allottees' association of the project

Explanation

Section 34(a) lists among the functions of the Authority the registration and regulation of real estate projects and real estate agents. The Central Advisory Council only advises and recommends to the Central Government (Section 42), so it does not register projects.

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