The government has notified the Real Estate (Regulation and Development) Act Rules, 2016. Which fact is true in this regard?

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

The rules of the Real Estate Act will first be applicable in the Union Territories.

TuteeHUB · Answer

After the rules are notified, every builder will have to register with the state regulator.

TuteeHUB · Answer

Developers will have to deposit 70 per cent of the funds raised in a separate bank account within three months of applying for registration.

TuteeHUB · Answer

All of the above

1.	The government has notified the Real Estate (Regulation and Development) Act Rules, 2016. Which fact is true in this regard?
A.	The rules of the Real Estate Act will first be applicable in the Union Territories.
B.	After the rules are notified, every builder will have to register with the state regulator.
C.	Developers will have to deposit 70 per cent of the funds raised in a separate bank account within three months of applying for registration.
D.	All of the above
Answer» E.

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