Section 16
Section 16 of Real Estate (Regulation & Development) Act, 2016. The promoter shall obtain all such insurances as may be notified by the appropriate Government, including but not limited to insurance in respect of - (i) title of the land and building as a part of the real estate project;
(1) The promoter shall obtain all such insurances as may be notified by the appropriate Government, including but not limited to insurance in respect of - (i) title of the land and building as a part of the real estate project; and (ii) construction of the real estate project. Obligations of promoter in case of transfer of a real estate project to a third party. Obligations of promoter regarding insurance of real estate project. ther defedt in (2) The promoter shall be liable to pay the premium and charges in respect of the insurance specified in sub-section (/) and shall pay the same before transferring the insurance to the association of the allottees.
(3) The insurance as specified under sub-section (/) shall stand transferred to the benefit of the allottee or the association of allottees, as the case may be, at the time of promoter entering into an agreement for sale with the allottee.
(4) On formation of the association of the allottees, all documents relating to the insurance specified under sub-section (/) shall be handed over to the association of the allottees. Transfer of title.
Section 16, Real Estate (Regulation & Development) Act, 2016 (Act 16 of 2016).
Questions about Section 16
How do I find court cases under Section 16 of the Real Estate (Regulation & Development) Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Real Estate (Regulation & Development) Act 16, section 16 Real Estate (Regulation & Development) Act, section 16 of the Real Estate (Regulation & Development) Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Real Estate (Regulation & Development) Act enacted?
Real Estate (Regulation & Development) Act was enacted in 2016 as Act 16 of 2016. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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). This page is not a substitute for legal advice.