New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

      Who is considered an "allottee" in relation to a real

    estate project according to the RERA?
    A Only the person who initially purchased the plot, apartment, or building from the promoter Correct Answer Incorrect Answer
    B Only the person who subsequently acquires the allotment through sale, transfer, or otherwise Correct Answer Incorrect Answer
    C Both the person who initially purchased the plot, apartment, or building from the promoter and the person who subsequently acquires the allotment through sale, transfer, or otherwise Correct Answer Incorrect Answer
    D Only the person to whom the plot, apartment, or building is given on rent Correct Answer Incorrect Answer

    Solution

    Section 2.   Definitions. (d) “allottee” in relation to a real estate project, means the person to whom a plot, apartment or building, as the case may be, has been allotted, sold (whether as freehold or leasehold) or otherwise transferred by the promoter, and includes the person who subsequently acquires the said allotment through sale, transfer or otherwise but does not include a person to whom such plot, apartment or building, as the case may be, is given on rent.

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