New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Which of the following are the objective of the Real Estate (Regulation and Development) Act, 2016 __________________?

    A Regulation and promotion of the real estate sector Correct Answer Incorrect Answer
    B To ensure sale of plot, apartment or building, as the case may be, or sale of real estate project Correct Answer Incorrect Answer
    C To protect the interest of consumers in the real estate sector Correct Answer Incorrect Answer
    D To establish an adjudicating mechanism for speedy dispute redressal Correct Answer Incorrect Answer
    E All the above Correct Answer Incorrect Answer

    Solution

    An Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of plot, apartment or building, as the case may be, or sale of real estate project, in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and to establish an adjudicating mechanism for speedy dispute redressal and also to establish the Appellate Tribunal to hear appeals from the decisions, directions or orders of the Real Estate Regulatory Authority and the adjudicating officer and for matters connected therewith or incidental thereto

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