Probable Exam Question 7: No Registration of Project - Area of land less than 500 Square meters or Apartment less than 8
Clause (a) of Sub Section (2) of Section 3, of the Act, the Provison to the said Clause and the Explanation given there under reads as under
1) Real Estate Projects where the area of land proposed to be developed is less or equal to five hundred square meters shall not require MahaRERA Project Registration irrespective whether the numbers of apartments / units proposed to be developed is less than or more than eight apartments/units as the case may be inclusive of all phases.
2) Real Estate Projects where number of apartments/units proposed to be developed is Iess or equal to eight apartments / units inclusive of all phases shall not require MahaRERA Pioject Registration irrespective whether the area of the land proposed to be developed is less than or more than five hundred square meters
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