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[Cites 0, Cited by 18] [Section 3] [Entire Act]

Union of India - Subsection

Section 3(2) in Real Estate (Regulation And Development) Act, 2016

(2)Notwithstanding anything contained in sub-section (1), no registration of the real estate project shall be required--
(a)where the area of land proposed to be developed does not exceed five hundred square meters or the number of apartments proposed to be developed does not exceed eight inclusive of all phases:
Provided that, if the appropriate Government considers it necessary, it may, reduce the threshold below five hundred square meters or eight apartments, as the case may be, inclusive of all phases, for exemption from registration under this Act;
(b)where the promoter has received completion certificate for a real estate project prior to commencement of this Act;
(c)for the purpose of renovation or repair or re-development which does not involve marketing, advertising selling or new allotment of any apartment, plot or building, as the case may be, under the real estate project.
Explanation.-- For the purpose of this section, where the real estate project is to be developed in phases, every such phase shall be considered a stand alone real estate project, and the promoter shall obtain registration under this Act for each phase separately.