CHAPTER III FUNCTIONS AND DUTIES OF PROMOTER | Knowledge Bank

Prohibition_Of_Benami_Property_Transaction_Act_1988

11. Functions and duties of promoter.
12. Obligations of promoter regarding veracity of the advertisement or prospectus.
13. No deposit or advance to be taken by promoter without first entering into agreement for sale.
14. Adherence to sanctioned plans and project specifications by the promoter
15. Obligations of promoter in case of transfer of a real estate project to a third party.
16. Obligations of promoter regarding insurance of real estate project
17. Transfer of title.
18. Return of amount and compensation.

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