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    <title>FUNCTIONS AND DUTIES OF PROMOTER UNDER THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016</title>
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    <description>Chapter III prescribes promoter obligations including registration of project details on the Authority website, mandatory public disclosures and quarterly updates, provision of sanctioned plans and stage-wise completion schedules to allottees at booking, obtaining completion and occupancy certificates, delivering lease and conveyance documents, maintaining essential services until handover, restricting advance payments prior to a written registered agreement for sale, rectifying notified defects within the defects-liability period, obtaining required insurances, and returning amounts with prescribed interest and compensation where possession cannot be delivered.</description>
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    <pubDate>Wed, 27 Jul 2016 08:42:46 +0530</pubDate>
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      <description>Chapter III prescribes promoter obligations including registration of project details on the Authority website, mandatory public disclosures and quarterly updates, provision of sanctioned plans and stage-wise completion schedules to allottees at booking, obtaining completion and occupancy certificates, delivering lease and conveyance documents, maintaining essential services until handover, restricting advance payments prior to a written registered agreement for sale, rectifying notified defects within the defects-liability period, obtaining required insurances, and returning amounts with prescribed interest and compensation where possession cannot be delivered.</description>
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