The robust growth of e-commerce (expected to reach $350 billion by 2030), advancements in technology, government initiatives and evolving consumer preferences have collectively spurred a transformati...
Recently, vide its order, Hon’ble Assam Real Estate Appellate Tribunal at Guwahati has held that since the Appellant did not obtain an occupancy certificate on the date of commencement of the Real Estate (Regulation and Development) Act, 2016 and failed to register the real estate project “Regent Paradise”, Appellant has contravened the provisions of Section 3 of the RERA Act, inviting penalty under Section 59 of the RERA Act. In this Newsalert, INDUSLAW's Avikshit Moral and Mahek Chheda analyse the Assam Real Estate Appellate Tribunals order.
