There is no provision under the RERA Act which calls for the owner of the land to co-sign as a Promoter | An application is deemed to have been registered after lapse of the mandatory period as per Section 5(2) of Real Estate (Regulation and Development), Act, 2016 | Once the project is deemed to have been approved under the deeming provision, it is beyond the jurisdiction of RERA Authority to reject the application – Larsen & Toubro Ltd. Vs. State of U.P. and Ors. – Allahabad High Court

In this important judgment of division bench, the Hon’ble Allahabad High Court clarifies various issues on A. Definition of Promoters under RERA Act, 2016, B. Does JIL needs to be Co-Promoter, C. Can UPRERA impose the condition on the petitioner to get JIL/JAL sign the application as a co-promoter, D. Deemed Approval of Project after expiry of 30 days as per Section 5(2) of RERA, E. Petitioner cannot ask for negative parity on the ground of similarly granted registration.

There is no provision under the RERA Act which calls for the owner of the land to co-sign as a Promoter | An application is deemed to have been registered after lapse of the mandatory period as per Section 5(2) of Real Estate (Regulation and Development), Act, 2016 | Once the project is deemed to have been approved under the deeming provision, it is beyond the jurisdiction of RERA Authority to reject the application – Larsen & Toubro Ltd. Vs. State of U.P. and Ors. – Allahabad High Court Read Post »