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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN

ANALYSIS

DR. RAM MANOHAR LOHIYA NATIONAL LAW


UNIVERSITY, LUCKNOW

THE REAL ESTATE


(REGULATION AND
DEVELOPMENT) ACT, 2016
AN ANALYSIS
Seminar Paper on Legislative Drafting
Shivam Kumar

BA.LLB (Hons.)

Roll No. 123

Enrollment No. 130101121

Submitted to :

Ms. Ankita Yadav

Assistant Professor

Dr. RML National Law University

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN
ANALYSIS

Table of Contents

CERTIFICATE OF ORIGINALITY ................................................................................ 3

ACKNOWLEDGEMENT .................................................................................................. 4

PREFACE .......................................................................................................................... 5

STATEMENT OF PROBLEM .............................................Error! Bookmark not defined.

OBJECTIVE OF RESEARCH ............................................Error! Bookmark not defined.

RESEARCH METHODOLOGY ..........................................Error! Bookmark not defined.

LITERAURE REVIEW ........................................................Error! Bookmark not defined.

INTRODUCTION .................................................................Error! Bookmark not defined.

SALIENT PROVISIONS OF THE ACT .............................Error! Bookmark not defined.

o ESTABLISHMENT OF REAL ESTATE REGULATORY AUTHORITY


(RERA) AND REAL ESTATE APPELLATE TRIBUNAL (REAT) ....... Error!
Bookmark not defined.

o REGISTRATION OF REAL ESTATE PROJECT WITH RERA Error! Bookmark


not defined.

o DEFINITION OF CARPET AREA ............................. Error! Bookmark not defined.

o CAP ON THE RECEIVING OF ADVANCE PAYMENT ...... Error! Bookmark not


defined.

o ADHERENCE TO SANCTIONED PLANS ............... Error! Bookmark not defined.

o COMPENSATION TO THE ALLOTTEES ................ Error! Bookmark not defined.

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN
ANALYSIS

o PENAL PROVISIONS FOR PROMOTERS .............. Error! Bookmark not defined.

HURDLES IN IMPLEMENTATION OF THE ACT .........Error! Bookmark not defined.

CONCLUSION................................................................................................................... 5

CERTIFICATE OF ORIGINALITY

I hereby declare that this submission is my own work and that, to the best of my
knowledge and belief, it contains no material previously published or written by
another person, except where due acknowledgment is made in the project.

- Shivam Kumar

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN
ANALYSIS

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN
ANALYSIS

ACKNOWLEDGEMENT

I would take great pleasure in thanking my Legislative Drafting professor, Ms. Ankita Yadav, for
her infallible support all through the course of this project. This endeavour would not have been
in its present shape had she not been there whenever I needed her. She has been a constant source
of support all the while.

Also I would like to extend my sincere thanks to the library staff for always helping me out with
finding excellent books and material almost every time I needed. They too have been a constant
support system in the completion of this project.

Last but surely not the least- I would like to thank my friends for their timely critical analysis of
my work and special feedback that worked towards the betterment of this work.

Shivam Kumar

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN
ANALYSIS

PREFACE

CONCLUSION

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THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 AN
ANALYSIS

BIBLIOGRAPHY
Avtar Singh, Company Law, Eastern Book Company, 6th Edition, 2014.
Real Estate (Regulation and Development) Act, 2017
http://www.legalservicesindia.com/article/article/the-real-estate-(regulation-and-
development)-Bill-the-first-step-towards-real-estate-reform-1536-1.html.
http://www.mondaq.com/india/x/475724/real+estate/Salient+Features+Of+The+Real+Est
ate+Regulation+And+Development+Bill+2016

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