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Advertisement ‘or/and’ Prospectus under RERA: HC interprets!

November 27, 2019[2019] 111 taxmann.com 463 (Article)
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Recently Hon’ble Gujarat High court in the matter of Narayana Realty Infrastructure Vs Union of India[ Second Appeal no.402/2019 ] interpreted law relating to disclosure of information in advertisement or prospectus and remanded back the matter to afresh to RERA Appellate Tribunal. This article attempts to discuss the provision of Section 11(2) of Real Estate (Regulation and Development) Act, 2016 (“RERA”) and the recent order of Hon’ble Gujarat High Court.
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