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ARTICLE · 08 JANUARY 2020

Provisions Of RERA Act, 2016 Are Not Applicable On Industrial Units/Projects

The Maharashtra Real Estate Regulatory Authority, Mumbai ("RERA Authority") in the matter of Techno Dirive Engineer Private Ltd. v. Renaissance Indus Infra Private...

IndiaReal Estate and Construction

The Maharashtra Real Estate Regulatory Authority, Mumbai ("RERA Authority") in the matter of Techno Dirive Engineer Private Ltd. v. Renaissance Indus Infra Private Ltd. (Complaint No. CC006000000078620) ("Compliant") has, inter alia, held that the provisions of the Real Estate (Regulation and Development) Act, 2016 ("RERA Act") shall not be applicable on industrial units/ projects.

The question for determination before the Ld. RERA Authority was whether RERA Act applies to Industrial Units/projects.

The Ld. RERA Authority, after taking into consideration the terms of the agreement entered between the complainant and the respondent and various documents placed on record by the complainant, concluded that the complainant had booked the units for setting up their industrial manufacturing units and hence, the booked units are industrial units.

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