Land Owners, Investors having Area, Revenue Share in Real Estate Project to be treated as Promoter: Goa RERA

By Accommodation Times Bureau GOA Goa Real Estate Regulatory Authority (GoaRERA), vide Circular, has clarified the definition of the term ‘Promotor’ as defined under Section 2(zk) of the Real Estate (Regulation and Development) Act, 2016, The GoaRERA Authority has clarified as follows: 'Promoter” means, — (i) a person who constructs or causes to be constructed an