Distinguish between Apartment and Building under Real Estate (Regulation and Development) Act, 2016
CS Executive · Economic, Business and Commercial Laws · PYQS · June 2024
Distinguish between Apartment and Building under Real Estate (Regulation and Development) Act, 2016
Answer & Explanation:
According to Section 2(e) of the Real Estate (Regulation and Development) Act, 2016 "Apartment" whether called block, chamber, dwelling unit, flat, office, showroom, shop, godown, premises, suit, tenement, unit or by any other name, means a separate and self-contained part of any immovable property, including one or more rooms or enclosed spaces, located on one or more floors or any part thereof, in a building or on a plot of land, used or intended to be used for any residential or commercial use such as residence, office, shop, showroom or godown or for carrying on any business, occupation, profession or trade, or for any other type of use ancillary to the purpose specified. According to Section 2(j) of the Real Estate (Regulation and Development) Act, 2016 "Building" includes any structure or erection or part of a structure or erection which is intended to be used for residential, commercial or for the purpose of any business, occupation, profession or trade, or for any other related purposes.
Topics: Real Estate (Regulation and Development) Act, 2016
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