Promoter Functions and Duties

The most important duty of the promoter which has been mandated by the Act is to  provide complete details of the project so that a layman who does not even know the legal requirements is able to check the legal sanctity of the project. The promoter has also been debarred from advertising and selling his project until he has procured the requisite approvals from the authorities and got his project registered wit RERA.

Functions and duties of promoter

The promoter shall, upon receiving his Login Id and password, as the case may be, create his web page on the website of the Authority and enter all details of the proposed project for public viewing, including—

(a)details of the registration granted by the Authority;

(b)quarterly up-to-date the list of number and types of apartments or plots, as the case may be, booked;

(c)quarterly up-to-date the list of number of garages booked;

(d)quarterly up-to-date the list of approvals taken and the approvals which are pending subsequent to commencement certificate;

(e)quarterly up-to-date status of the project; and

(f) such other information and documents as may be specified by the regulations made by the Authority.

The advertisement or prospectus issued or published by the promoter shall mention prominently the website address of the Authority, wherein all details of the registered project have been entered and include the registration number obtained from the Authority and such other matters incidental thereto.

The promoter at the time of the booking and issue of allotment letter shall be responsible to make available to the allottee, the following information, namely:—

(a)sanctioned plans, layout plans, along with specifications, approved by the competent authority, by display at the site or such other place as may be specified by the regulations made by the Authority;

(b)the stage wise time schedule of completion of the project, including the provisions for civic infrastructure like water, sanitation and electricity.