Regarding RERA rules applicable to Landowner. Regarding RERA rules applicable to Landowner.

Is the landowner treated as Promoter/Devoloper under RERA act, eventhough if specifically mentioned in the JDA that he has no role of Promoter as such, and the landowner is only entitled to his share of fully completed flats/shops, as a consideration for his land.

Kishan Dutt Kalaskar Retired Judge

Responded 2 months ago

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A.Dear Sir,
It depends upon several factors but land owner cannot shrink his responsibilities when he is receiving his share.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 2 months ago

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A.Dear client, in my humble suggestion, the term "promoter" has a broad definition that includes all forms of promoters, including developers, builders, GPA holders, colonisers, contractors, and landowners in real estate projects. As a result, anyone who develops and sells falls within the definition of a Promoter.
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