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

Sunrise Developers' project registration was revoked by the Authority for violations. Meera, a prospective buyer, wants to check whether the promoter is publicly listed as a defaulter. Which function of the Authority makes such information available to her?

The Authority must maintain a publicly viewable website database listing names and photographs of promoters as defaulters, with project details and reasons, where registration has been revoked or penalties imposed. This lets buyers like Meera check a promoter's record. Policy advice and price fixing are not part of this function.

  1. AMaintaining a website database with names and photographs of promoters whose registration has been revoked or who have been penalised, with reasonsCorrect
  2. BFixing the price of flats in each project under its jurisdiction
  3. CAdvising the Central Government on major questions of policy
  4. DCreating a single window system for project approvals

Explanation

Section 34(c) requires the Authority to maintain a database on its website for public viewing, entering names and photographs of promoters as defaulters, including project details and reasons, where registration is revoked or penalties imposed. Advising on policy is a function of the Central Advisory Council, and the Authority does not fix flat prices.

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