GET­TING IT RIGHT

HT Estates - - FRONT PAGE - What is true dis­clo­sure?

Sec­tion 4 (1) of the UP Apart­ment Act 2010 makes it clear that any de­vel­oper who in­tends sell­ing an apart­ment has to make a full and true dis­clo­sure in writ­ing to the in­tend­ing pur­chaser and the com­pe­tent author­ity re­gard­ing his rights, ti­tle of the land, where the project is lo­cated, all en­cum­brances, plans and spec­i­fi­ca­tions, de­tails of all struc­tural, ar­chi­tec­tural draw­ings, layout plans, stan­dards of the ma­te­rial which have been or are pro­posed to be used in the con­struc­tion of the build­ing, no ob­jec­tion cer­tifi­cates from all con­cerned au­thor­i­ties etc.

The de­vel­op­ment au­thor­i­ties – Ghazi­abad De­vel­op­ment Author­ity (pic 1) and Noida Author­ity (pic 2) – were sent queries re­gard­ing true dis­clo­sure but their re­sponse sug­gested that they were un­aware of the pro­vi­sion.

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