{"act":{"id":"real-estate-regulation-amp-development-act-2016","short_title":"Real Estate (Regulation & Development) Act, 2016","long_title":null,"act_number":"16","act_year":2016,"enact_date":null,"enforcement_date":null,"ministry":null,"department":null,"jurisdiction":"Chhattisgarh","unit":"section","section_count":88,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":"real-estate-regulation-development-act-2016","text_source":"ocr","scan_url":"https://indiacode.ecourtsindia.com/scan/25e0d7e9-d369-4f68-8978-21799fa43c9a.pdf","url":"https://indiacode.ecourtsindia.com/real-estate-regulation-amp-development-act-2016/"},"unit":"section","section":{"number":"13","heading":null,"text":"(1) A promoter shall not accept a sum more than ten per cent of the cost of the apartment, plot, or building as the case may be, as an advance payment or an application fee, from a person without first entering into a written agreement for sale with such person and register the said agreement for sale, under any law for the time being in force. (2) The agreement for sale referred to in sub-section (/) shall be in such form as may be prescribed and shall specify the particulars of development of the project including the construction of building and apartments, along with specifications and internal development works and external development works, the dates and the manner by which payments towards the cost of the apartment, plot or building, as the case may be, are to be made by the allottees and the date on which the possession of the apartment, plot or building is to be handed over, the rates of interest payable by the promoter to the allottee and the allottee to the promoter in case of default, and such other particulars, as may be prescribed.","html":"<p>(1) A promoter shall not accept a sum more than ten per cent of the cost of the apartment, plot, or building as the case may be, as an advance payment or an application fee, from a person without first entering into a written agreement for sale with such person and register the said agreement for sale, under any law for the time being in force. (2) The agreement for sale referred to in sub-section (/) shall be in such form as may be prescribed and shall specify the particulars of development of the project including the construction of building and apartments, along with specifications and internal development works and external development works, the dates and the manner by which payments towards the cost of the apartment, plot or building, as the case may be, are to be made by the allottees and the date on which the possession of the apartment, plot or building is to be handed over, the rates of interest payable by the promoter to the allottee and the allottee to the promoter in case of default, and such other particulars, as may be prescribed.</p>","words":189,"text_source":"ocr"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/real-estate-regulation-amp-development-act-2016/section/13/","note":null,"source_note":"Read from the Government's own scanned gazette with Azure Document Intelligence, then split into sections by their numbering. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/25e0d7e9-d369-4f68-8978-21799fa43c9a.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/20281d46-4fdb-408b-84bb-c24bde9175cc/content).","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}