The Real Estate (Regulation and Development) Act 2016 (RERA) aims to regulate and promote the real estate sector, ensuring transparency and protecting consumer interests. The Geethanjali Aman Construction case before the Maharashtra Real Estate Appellate Tribunal focused on whether the 'or' in Section 3(2)(a) of RERA, which outlines project registration exemptions, should be read conjunctively or disjunctively. A 2:1 majority ruled that 'or' should be interpreted disjunctively, meaning a project is exempt if either the land area is under 500 sq metres or the number of apartments is 8 or fewer, thus exempting Geethanjali Aman Construction from registration.
The Real Estate (Regulation and Development) Act 2016 (RERA) came into effect from 1st May, 2016.
Purpose of RERA
Regulation and promotion of real estate sector.
Ensure sale of real estate project in an efficient and transparent manner.
Protect the interest of consumers in the real esta
Daily Limit Reached
You have reached your daily limit of 2 Free Articles
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited Articles Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.