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

The Real Estate Regulatory Authority of a State studies delays in project approvals and wants to suggest a reform to the State Government. Which recommendation falls within its functions for promotion of the real estate sector under the Act?

The Authority may recommend to the appropriate Government the creation of a single window system for time bound project approvals and clearances. This is a listed promotional function, whereas price fixing, Council appointments and completion certificates are not functions given to it there.

  1. ACreation of a single window system for time bound project approvals and clearancesCorrect
  2. BFixing the price of apartments in all registered projects
  3. CAppointing members of the Central Advisory Council
  4. DGranting completion certificates to promoters

Explanation

Section 32 lists recommending creation of a single window system for time bound approvals and clearances among the Authority's promotional functions. The Act does not give the Authority power to fix prices in this provision, appoint Council members (the Central Government does that), or issue completion certificates.

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