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

Which of the following is a function of the Authority under the Act's list of its functions, relevant to ensuring that promoters meet their obligations?

The Authority's functions include ensuring compliance of obligations cast upon promoters, allottees and real estate agents under the Act and its rules and regulations. Advising the Central Government on policy belongs to the Central Advisory Council, and land record digitisation and grading are only subjects for the Authority's recommendations.

  1. ATo ensure compliance of the obligations cast upon promoters, allottees and real estate agents under the Act and the rules and regulations made thereunderCorrect
  2. BTo advise the Central Government on major questions of policy
  3. CTo digitise land records of all states directly
  4. DTo grade all promoters and publish their ratings as a binding order

Explanation

Section 34(f) makes it a function of the Authority to ensure compliance of obligations cast upon promoters, allottees and real estate agents. Advising the Central Government on policy is a Central Advisory Council function under section 42. Digitisation of land records and grading are only matters on which the Authority makes recommendations under section 32.

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